Rapid City, SD — income, home value, property tax, and sales tax.
In ZIP code 57761, near Rapid City, homes carry a median value of $253,100, and the county-level effective property tax rate of 1.01% translates to roughly $2,556 in annual taxes on such a home. With median household income at $97,734, that tax bill amounts to about 2.6% of yearly earnings, a share many households can absorb without strain. Per-capita income sits at $36,587, so individual earners may feel the cost more acutely than the household figure implies. A combined sales tax rate of 6.20% adds a further consideration to the overall cost of living here.
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