Harrisburg, Lincoln County, South Dakota Property Taxes

Local government entities are responsible for setting tax rates, which can differ significantly across a state. This is because each county calculates its necessary budget for services annually and divides it by the total value of all taxable property in its area, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is the basic annual process.

In Harrisburg, located in Lincoln County, the effective property tax rate is 1.69%. This rate is notably higher than the national median property tax rate of 1.02%. Compared to other cities in South Dakota, Harrisburg's rate is consistent with the state's highest median tax rate, as seen in the zip code 57032. The property tax bill in Harrisburg reflects a higher burden on property owners compared to the national median of $2,400. Understanding these rates can help property owners anticipate their tax responsibilities and explore opportunities for tax appeals or exemptions to potentially reduce their financial obligations.

In Harrisburg, Lincoln County, SD, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Harrisburg, the median home price is $247,818, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $3,533, while the 75th percentile reaches $5,170, and the 90th percentile can be as high as $6,790. This variability highlights the importance of accurate assessments and the potential for discrepancies. Compared to the national median property tax bill of $2,400, Harrisburg residents face higher tax obligations, which can strain household budgets.

Ownwell can help homeowners in Harrisburg by providing expert property tax appeal and exemption services. By ensuring that properties are fairly assessed, Ownwell can potentially reduce tax bills, offering financial relief. Our team of specialists works diligently to identify errors in assessments and advocate for fair taxation, helping homeowners save money.