Property Tax & Income in Lincoln County, South Dakota
Lincoln County has an effective property tax rate of 1.15%. On the median home value of $348,300, that's roughly $3,990 per year. Median household income is $99,166.
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 | Lincoln County | South Dakota (state context) |
|---|---|---|
| Effective property tax rate1 | 1.15% | 1.01% |
| Median home value1 | $348,300 | — |
| 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 Lincoln County, SD
Property taxes in Lincoln County, South Dakota, run higher than both the state and national benchmarks. The county's effective rate of 1.146% sits above South Dakota's statewide median of 1.014%, and it ranks 16th among the state's 66 counties on that measure. Nationwide, the gap is wider still, since the U.S. median effective rate is 0.794%. That difference shows up in actual bills: with a median home value of $348,300, the median annual real-estate tax comes to $3,990. Households here earn a median of $99,166, and per-capita income reaches $52,585, so the tax load lands on a fairly affluent base. Sioux Falls, the largest community in the county, anchors much of that economic activity. Buyers weighing a move to the area should expect property taxes above what many other parts of the country charge.