Property Tax & Income in Buffalo County, South Dakota
Buffalo County has an effective property tax rate of 0.40%. On the median home value of $117,800, that's roughly $473 per year. Median household income is $47,045.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Buffalo County | South Dakota (state context) |
|---|---|---|
| Effective property tax rate1 | 0.40% | 1.01% |
| Median home value1 | $117,800 | — |
| State income tax3 | No state income tax | No state income tax |
| State sales tax3 | 6.11% combined | 6.11% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Buffalo County, SD
Buffalo County offers one of South Dakota's most affordable entry points for homebuyers. With a median home value of $117,800, the median annual property tax bill comes to just $473, based on an effective rate of 0.402%. That rate sits well below the statewide median of 1.014% and the national figure of 0.794%, and it ranks 65th out of 66 South Dakota counties. Households here earn a median of $47,045, while per-capita income is $17,360. For buyers weighing where their money stretches furthest, the combination of low purchase prices and slim tax bills keeps yearly ownership costs down. Fort Thompson and Miller anchor the county, with Miller serving as its largest community. Anyone comparing housing costs across the state will find this county among the cheapest places to own a home.