Belle Fourche, Butte County, South Dakota Property Taxes
Median Belle Fourche, SD effective property tax rate: 1.93%, significantly higher than the national median of 1.02%. Median Belle Fourche, SD home value: $134,127. Median annual Belle Fourche, SD tax bill: $2,570, $170 higher than the national median property tax bill of $2,400.
How are property taxes in Butte County calculated?
Property taxes in Belle Fourche, 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 Belle Fourche’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Belle Fourche, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Belle Fourche, Butte County, South Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.93%
Estimate Property Tax Bill
$2,589
$2,402
Property Tax Rates Across Belle Fourche, Butte County, South Dakota
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 Belle Fourche Tax Rate
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 Belle Fourche, Butte County, South Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
57717 | 1.21% | 1.35% | 1.93% | 1.99% | 2.25% |
Source: Ownwell
Property Tax Assessment Values Across Belle Fourche, Butte County, South Dakota
When examining property taxes in Belle Fourche, 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 Butte 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 Butte County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Belle Fourche. For example, the median home price in Belle Fourche is $134,127, with tax bills ranging significantly across the county. 57717 has the highest median home price at $134,127.
Property Tax Assessment Values Across Belle Fourche, Butte County, South Dakota
Source: Ownwell
$65,440
$175,582
$285,724
Median Belle Fourche Market Value
$134,127
Median Butte County Market Value
$123,082
Median United States Market Value
$235,294
Property Tax Assessment Values Across Belle Fourche, Butte County, South Dakota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
57717 | $19,391 | $81,692 | $134,127 | $192,360 | $287,729 |
Source: Ownwell
Property Tax Bills Across Belle Fourche, Butte County, South Dakota
In Belle Fourche, located in Butte County, South Dakota, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as property size, location, and improvements. Homeowners in Belle Fourche face a median tax bill of $2,570, which is slightly above the national median of $2,400. This can place a significant financial burden on homeowners, especially those with properties in the higher tax brackets, where bills can reach up to $4,706.
Ownwell offers valuable assistance to homeowners in Belle Fourche by providing property tax appeal and exemption services. By analyzing and challenging the assessed values, Ownwell can help reduce tax bills, ensuring homeowners are not overpaying. This service is particularly beneficial in areas like Belle Fourche, where tax bills can vary significantly. With Ownwell's expertise, homeowners can achieve potential savings and alleviate the financial stress associated with high property taxes.
Property Tax Bills Across Belle Fourche, Butte County, South Dakota
Source: Ownwell
$1,385
$2,520
$3,654
Median Belle Fourche Tax Bill
$2,570
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 Belle Fourche, Butte County, South Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
57717 | $786 | $1,635 | $2,570 | $3,465 | $4,706 |
Source: Ownwell