Property Tax & Income in Hyde County, South Dakota
Hyde County has an effective property tax rate of 0.96%. On the median home value of $181,600, that's roughly $1,743 per year. Median household income is $73,472.
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 | Hyde County | South Dakota (state context) |
|---|---|---|
| Effective property tax rate1 | 0.96% | 1.01% |
| Median home value1 | $181,600 | — |
| 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 Hyde County, SD
In Hyde County, South Dakota, the median home value sits at $181,600, and the annual property tax bill on that home comes to about $1,743. That works out to an effective rate of 0.960%, which lands below South Dakota's statewide median of 1.014%. Among the state's 66 counties, Hyde County ranks 44th by property tax rate. Buyers weighing a move here will find household incomes averaging $73,472, with per-capita income at $38,459, so the tax bill amounts to a fairly small share of yearly earnings. Highmore, the largest of the county's communities, anchors an area where both home prices and tax rates stay below what many South Dakota counties charge. Compared with the national median effective rate of 0.794%, Hyde County runs somewhat higher, but its lower home values keep actual tax bills contained.