ZIP Code 57562

Draper, SD — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
$37,146
Median home value
$139,600
Property tax rate
0.94%
Combined sales tax
4.20%

In ZIP 57562, near Draper, households earn an average of $37,146 per person. Property values here sit at just $9,999, so even with the county's 0.94% rate, annual taxes on a home come to only around $94. That leaves a wide gap between what people earn and what housing costs them. Sales tax adds 4.20% to purchases, a cost that applies whether someone owns or rents. The combination of tiny home values and steady per-capita income means housing takes up very little of the yearly budget, though everyday spending still carries that sales tax on top.

See how Draper, SD taxes stack up

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