Rapid City, SD — income, home value, property tax, and sales tax.
In ZIP code 57741, near Rapid City, per-capita income reaches $92,216, a strong earnings base that shapes how property taxes land on households here. The county-level effective property tax rate is 1.01%, so a home's assessed value drives the annual bill directly — a $400,000 house would owe roughly $4,040, while a $600,000 one approaches $6,060. Because earnings run high, those amounts consume a smaller share of income than in many places. Sales tax in the area totals 4.20%, which adds a bit to everyday purchases but doesn't hinge on home value the way property taxes do.