Deadwood, Lawrence County, South Dakota Property Taxes

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

Median Deadwood, SD effective property tax rate: 1.18%, significantly higher than the national median of 1.02%. Median Deadwood, SD home value: $146,090. Median annual Deadwood, SD tax bill: $1,634, $766 lower than the national median property tax bill of $2,400. How are property taxes in Lawrence County calculated? Property taxes in Deadwood, 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 Deadwood’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Deadwood, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Deadwood, Lawrence County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.18%

Estimate Property Tax Bill

$1,724

$1,600

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

Property Tax Rates Across Deadwood, Lawrence County, South Dakota

Local government entities in South Dakota set property tax rates, and these can vary significantly across different areas. Each county, including Lawrence County, calculates its budget needs annually to fund services and divides this by the total assessed value of all taxable property within its borders. This calculation determines the property tax rate. While setting these rates involves votes and legislation, this is essentially the process followed each year.

Deadwood, located in Lawrence County, offers a unique perspective on property taxes in South Dakota. The effective property tax rate in Deadwood aligns with the highest and lowest median tax rates in the state, both sitting at 1.18%. This is slightly above the national median property tax rate of 1.02%. Comparing Deadwood's tax rate to the national average provides insight into how property taxes can impact residents' budgets differently depending on where they live. Understanding these differences is crucial for property owners considering appealing their property taxes or seeking exemptions.

Property Tax Rates Across Deadwood, Lawrence County, South Dakota

Source: Ownwell

0.88%

1.16%

1.43%

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 Deadwood Tax Rate

1.18%

Median Effective Lawrence County Tax Rate

1.20%

Median Effective South Dakota Tax Rate

1.45%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Deadwood, Lawrence County, South Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
57732	0.78%	1.03%	1.18%	1.44%	1.78%

Source: Ownwell

Property Tax Assessment Values Across Deadwood, Lawrence County, South Dakota

When examining property taxes in Deadwood, 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 Lawrence 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 Lawrence 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 Deadwood.

For example, the median home price in Deadwood is $146,090, with tax bills ranging significantly across the county. The zip code 57732 has the highest median home price at $146,090.

Property Tax Assessment Values Across Deadwood, Lawrence County, South Dakota

Source: Ownwell

$73,190

$168,328

$263,465

Median Deadwood Market Value

$146,090

Median Lawrence County Market Value

$200,320

Median United States Market Value

$235,294

Property Tax Assessment Values Across Deadwood, Lawrence County, South Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
57732	$13,318	$43,900	$146,090	$248,720	$359,054

Source: Ownwell

Property Tax Bills Across Deadwood, Lawrence County, South Dakota

In Deadwood, located in Lawrence County, SD, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. While the national median property tax rate is 1.02%, Deadwood's property tax rate is typically lower, contributing to a more manageable tax burden for homeowners. The median home price in Deadwood is $146,090, with tax bills varying significantly. For example, the tax bill at the 25th percentile is $617, while it reaches $2,791 at the 75th percentile, and $3,935 at the 90th percentile. These figures illustrate the potential range of tax obligations homeowners might face. Such variations can impact homeowners' finances, potentially straining budgets, particularly when tax bills are at the higher end of the spectrum. Ownwell offers valuable support by assisting homeowners in appealing their property assessments and securing exemptions, potentially lowering their tax bills and easing financial pressures. By leveraging Ownwell's expertise, homeowners can navigate the complexities of property taxes more effectively and potentially save significantly.

Property Tax Bills Across Deadwood, Lawrence County, South Dakota

Source: Ownwell

$886

$1,956

$3,026

Median Deadwood Tax Bill

$1,634

Median Lawrence County Tax Bill

$2,419

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Deadwood, Lawrence County, South Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
57732	$233	$617	$1,634	$2,791	$3,935

Source: Ownwell