Custer, Custer County, South Dakota Property Taxes
Median Custer, SD effective property tax rate: 1.46%, significantly higher than the national median of 1.02%.
Median Custer, SD home value: $216,487
Median annual Custer, SD tax bill: $2,971, $571 higher than the national median property tax bill of $2,400.
How are property taxes in Custer calculated?
Property taxes in Custer, 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 Custer’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Custer, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Custer, Custer County, South Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.46%
Estimate Property Tax Bill
$3,161
$2,933
Property Tax Rates Across Custer, Custer County, South Dakota
Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Custer, located in the state of South Dakota, the property tax rate stands out when compared to other cities in the state and the national average. The effective property tax rate in Custer is significantly higher than the national median property tax rate of 1.02%. This difference highlights the importance of understanding local tax rates and how they impact property owners.
For property owners in Custer, this means staying informed about local tax policies and exploring options for property tax appeals or exemptions. By doing so, homeowners can potentially reduce their tax burden and ensure they are not overpaying. Comparing Custer's property tax rate to the national median provides valuable insight into the local tax landscape and emphasizes the need for proactive property tax management.
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 Custer Tax Rate
1.46%
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 Custer County Tax Rate
1.26%
Median Effective South Dakota Tax Rate
1.45%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Custer, Custer County, South Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 57730 | 1.12% | 1.13% | 1.46% | 1.55% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Custer, Custer County, South Dakota
When examining property taxes in Custer, 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 Custer 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.
In Custer 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 Custer. For example, the median home price in Custer is $216,487, with tax bills ranging significantly across the county. Zip code 57730 has the highest median home price at $216,487.
Property Tax Assessment Values Across Custer, Custer County, South Dakota
Source: Ownwell
$31,852
$243,769
$455,685
Median Custer Market Value
$216,487
Median Custer County Market Value
$206,902
Median United States Market Value
$235,294
Property Tax Assessment Values Across Custer, Custer County, South Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 57730 | $37,962 | $112,697 | $216,487 | $349,280 | $501,304 |
Source: Ownwell
Property Tax Bills Across Custer, Custer County, South Dakota
In Custer, SD, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the property's location, size, and improvements can influence its assessed value. Homeowners in Custer face a median property tax bill of $2,971, which is above the national median of $2,400. This higher tax bill can significantly impact household budgets, making it essential for homeowners to ensure their property is not over-assessed.
Ownwell offers assistance to homeowners in Custer by providing property tax appeal and exemption services. By analyzing a property's assessed value and comparing it to similar properties, Ownwell can identify discrepancies and help homeowners file an appeal. This process can potentially lead to a reduction in the assessed value and, consequently, the property tax bill. With Ownwell's expertise, homeowners can achieve substantial savings and ensure they are not overpaying on their property taxes.
Median Custer Tax Bill
$2,971
Median Custer County Tax Bill
$2,674
Median South Dakota Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Custer, Custer County, South Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 57730 | $649 | $1,598 | $2,971 | $4,550 | $6,250 |
Source: Ownwell
