Worthing, Lincoln County, South Dakota Property Taxes

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

Median Worthing, SD effective property tax rate: 1.41%, significantly higher than the national median of 1.02%.
Median Worthing, SD home value: $188,189
Median annual Worthing, SD tax bill: $2,617, $217 higher than the national median property tax bill of $2,400.

How are property taxes in Lincoln County calculated?

Property taxes in Worthing, 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 Worthing’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Worthing, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Worthing, Lincoln County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.41%

Estimate Property Tax Bill

$2,653

$2,462

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

Property Tax Rates Across Worthing, Lincoln County, South Dakota

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services 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 Worthing’s effective property tax rate to other cities in South Dakota and the median property tax rates in South Dakota and the U.S.

In Worthing, located in Lincoln County, the property tax rate is 1.41%, which is higher than the national median of 1.02%. Interestingly, Worthing’s rate is both the highest and lowest recorded in the area, as it matches the median rate for the entire state. This suggests a uniformity in tax rates across the region, which might be a relief for homeowners seeking predictability in their tax bills. However, compared to the national median, property owners in Worthing pay a higher rate, potentially resulting in higher annual tax bills than the national average of $2400.

Property Tax Rates Across Worthing, Lincoln County, South Dakota

Source: Ownwell

0.91%

1.34%

1.76%

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 Worthing Tax Rate

1.41%

Median Effective Lincoln County Tax Rate

1.68%

Median Effective South Dakota Tax Rate

1.45%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Worthing, Lincoln County, South Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
57077	0.99%	1.04%	1.41%	1.43%	1.52%

Source: Ownwell

Property Tax Assessment Values Across Worthing, Lincoln County, South Dakota

When examining property taxes in Worthing, SD, 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 Lincoln County Assessor 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 Lincoln 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 Worthing. For example, the median home price in Worthing is $188,189, with tax bills ranging significantly across the county. Zip code 57077 has the highest median home price at $188,189.

Property Tax Assessment Values Across Worthing, Lincoln County, South Dakota

Source: Ownwell

$72,486

$200,056

$327,626

Median Worthing Market Value

$188,189

Median Lincoln County Market Value

$266,035

Median United States Market Value

$235,294

Property Tax Assessment Values Across Worthing, Lincoln County, South Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
57077	$95,946	$155,761	$188,189	$259,808	$418,994

Source: Ownwell

Property Tax Bills Across Worthing, Lincoln County, South Dakota

In Worthing, located in Lincoln County, SD, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in this area is $188,189, which plays a crucial role in calculating the tax bill. Homeowners in Worthing experience a median tax bill that can range significantly, with the 25th percentile at $2,115 and the 75th percentile at $3,068, while the 90th percentile reaches $4,486. This variation highlights how different factors such as home value and local tax rates can impact the amount homeowners owe. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Worthing's property tax bills can be relatively high, affecting homeowners' financial planning. Ownwell offers a solution by assisting homeowners in appealing their property tax assessments, potentially lowering their tax bills. By utilizing expert knowledge and resources, Ownwell helps ensure that homeowners are not overpaying, providing financial relief and peace of mind.

Property Tax Bills Across Worthing, Lincoln County, South Dakota

Source: Ownwell

$869

$3,066

$5,262

Median Worthing Tax Bill

$2,617

Median Lincoln County Tax Bill

$4,198

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Worthing, Lincoln County, South Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
57077	$1,352	$2,115	$2,617	$3,068	$4,486

Source: Ownwell