Burdock, Fall River County, South Dakota Property Taxes

Name: Property Tax Bills Across Burdock, Fall River County, South Dakota
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Burdock, SD effective property tax rate: 1.15%, significantly higher than the national median of 1.02%. Median Burdock, SD home value: $169,215. Median annual Burdock, SD tax bill: $2,141, $259 lower than the national median property tax bill of $2,400.

How are property taxes in Fall River calculated?

Property taxes in Burdock, SD are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Burdock’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Burdock, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Burdock, Fall River County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.15%

Estimate Property Tax Bill

$1,946

$1,806

Ownwell’s Burdock Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Burdock with just two data points. By entering your property's estimated assessed value, our calculator applies Burdock’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Fall River. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Burdock, Fall River County, South Dakota

Local government entities set tax rates, and these can vary significantly within a state. The reason for this variability is that each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the basic annual process.

In Burdock, located in county 46047 in South Dakota, the effective property tax rate is a reflection of this process. When compared to other cities in South Dakota, Burdock’s tax rate stands out. South Dakota's median property tax rate is 1.15%, which is above the national median of 1.02%. Additionally, the median property tax bill in South Dakota is higher than the national median of $2,400. This comparison highlights how Burdock’s property tax rate fits within the broader context of both state and national figures. Understanding these differences is crucial for property owners looking to manage their expenses effectively.

Property Tax Rates Across Burdock, Fall River County, South Dakota

Source: Ownwell

1.14%

1.94%

2.75%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Burdock Tax Rate

1.15%

Median Effective Fall River County Tax Rate

1.76%

Median Effective South Dakota Tax Rate

1.45%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Burdock, Fall River County, South Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
57735	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Burdock, Fall River County, South Dakota

When examining property taxes in Burdock, South Dakota, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Fall River County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Fall River County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Burdock. For example, the median home price in Burdock is $169,215, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Burdock, Fall River County, South Dakota

Source: Ownwell

$17,400

$70,548

$123,695

Median Burdock Market Value

$169,215

Median Fall River County Market Value

$74,790

Median United States Market Value

$235,294

Property Tax Assessment Values Across Burdock, Fall River County, South Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
57735	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Burdock, Fall River County, South Dakota

In Burdock, located in Fall River County, South Dakota, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property. With a median home price of $169,215, property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $374, while at the 75th percentile, it rises to $2,297, and at the 90th percentile, it reaches $2,993. Compared to the national median property tax bill of $2,400, many homeowners in Burdock might find their tax bills relatively manageable. However, any property tax bill can impact a homeowner's finances. Ownwell offers expert property tax appeal and exemption services to help homeowners potentially reduce their tax liabilities. By analyzing property assessments and identifying discrepancies, Ownwell ensures that homeowners in Burdock only pay their fair share, potentially saving them money and alleviating financial stress.

Property Tax Bills Across Burdock, Fall River County, South Dakota

Source: Ownwell

$188

$1,025

$1,861

Median Burdock Tax Bill

$2,141

Median Fall River County Tax Bill

$1,468

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Burdock, Fall River County, South Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
57735	N/A	N/A	N/A	N/A	N/A

Source: Ownwell