Butte County, South Dakota Property Taxes

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

Median Butte County effective property tax rate: 1.92%, significantly higher than the national median of 1.02%.
Median Butte County home value: $123,082
Median annual Butte County tax bill: $2,339, $61 lower than the national median property tax bill of $2,400.

How are property taxes in Butte County calculated?

Property taxes in Butte County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Belle Fourche or another part of Butte County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Butte County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.92%

Estimate Property Tax Bill

$2,363

$2,193

Ownwell’s Butte County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Butte County with just two data points. By entering your property's estimated assessed value, our calculator applies Butte County’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 more 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 Butte County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Butte County, South Dakota

Local government entities set tax rates, which can vary widely within a state. 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Butte County's effective property tax rate to other counties in South Dakota or the U.S. median property tax rate. With a median property tax rate of 1.92%, Butte County stands significantly above the national median rate of 1.02%. The city of Belle Fourche within Butte County has the highest median tax rate of 1.93%, while Spearfish holds the lowest at 1.30%. This variation highlights the diverse landscape of property tax rates even within a single county. Understanding these differences can help property owners make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Butte County, South Dakota

Source: Ownwell

1.30%

1.62%

1.93%

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 Butte County Tax Rate

1.92%

Median Effective South Dakota Tax Rate

1.45%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Butte County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Belle Fourche	1.21%	1.35%	1.93%	1.99%	2.25%
Fruitdale	0.99%	1.25%	1.47%	1.78%	2.04%
Newell	0.94%	1.15%	1.71%	2.57%	2.80%
Nisland	0.98%	1.17%	1.48%	2.23%	3.30%
Spearfish	1.10%	1.19%	1.30%	1.57%	1.84%
Mud Butte	N/A	N/A	N/A	N/A	N/A
Saint Onge	N/A	N/A	N/A	N/A	N/A
Vale	N/A	N/A	N/A	N/A	N/A
Whitewood	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Butte County, South Dakota

When examining property taxes in Butte County, 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 Butte County Director of Equalization 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 Butte 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 Butte County. For example, the median tax bill in Butte County is $2,400, with tax bills ranging significantly across the county. Spearfish has the highest median home price at $285,724.

Property Tax Assessment Values Across Butte County, South Dakota

Source: Ownwell

$65,440

$175,582

$285,724

Median Butte County Market Value

$123,082

Median United States Market Value

$235,294

Property Tax Assessment Values Across Butte County, South Dakota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Belle Fourche	$19,391	$81,692	$134,127	$192,360	$287,729
Fruitdale	$14,235	$55,763	$98,363	$183,090	$373,519
Newell	$5,003	$37,720	$81,857	$159,984	$280,722
Nisland	$3,896	$22,738	$65,440	$178,334	$269,703
Spearfish	$84,034	$132,144	$285,724	$352,751	$602,326
Mud Butte	N/A	N/A	N/A	N/A	N/A
Saint Onge	N/A	N/A	N/A	N/A	N/A
Vale	N/A	N/A	N/A	N/A	N/A
Whitewood	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Butte County, South Dakota

Property tax bills in Butte County, South Dakota, are determined by the assessed value of a property and the county's property tax rate. The assessed value is generally a percentage of the property's market value, which can fluctuate based on local real estate conditions. In Butte County, the median home price stands at $123,082. Property tax rates are applied to this assessed value to calculate the tax bill. Homeowners in Butte County can expect tax bills that vary widely, reflecting differences in property values and assessment practices. The 25th percentile tax bill is $1,332, while the 75th percentile reaches $3,302, and the 90th percentile can go up to $4,463. In Spearfish, the highest median tax bill is $3,654, significantly above the national median of $2,400. Conversely, Nisland has the lowest median tax bill at $1,385. These variations impact homeowners differently, with higher tax bills potentially affecting affordability and housing decisions.

Property Tax Bills Across Butte County, South Dakota

Source: Ownwell

$1,385

$2,520

$3,654

Median Butte County Tax Bill

$2,339

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Butte County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Belle Fourche	$786	$1,635	$2,570	$3,465	$4,706
Fruitdale	$202	$767	$1,552	$3,184	$4,645
Newell	$326	$892	$1,672	$2,707	$3,801
Nisland	$202	$523	$1,385	$2,417	$3,547
Spearfish	$1,520	$2,029	$3,654	$4,830	$7,144
Mud Butte	N/A	N/A	N/A	N/A	N/A
Saint Onge	N/A	N/A	N/A	N/A	N/A
Vale	N/A	N/A	N/A	N/A	N/A
Whitewood	N/A	N/A	N/A	N/A	N/A

Source: Ownwell