Mccook County, South Dakota Property Taxes

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

Median McCook County effective property tax rate: 1.20%, significantly higher than the national median of 1.02%. Median McCook County home value: $154,560. Median annual McCook County tax bill: $2,074, $326 lower than the national median property tax bill of $2,400.

How are property taxes in McCook County calculated?

Property taxes in McCook County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Salem or another part of McCook County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Mccook County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.2%

Estimate Property Tax Bill

$1,855

$1,721

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

Property Tax Rates Across Mccook County, South Dakota

Local government entities are responsible for setting tax rates, which can vary significantly. Each year, counties like McCook in South Dakota estimate their required budget for services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.

In McCook County, the effective property tax rate is 1.20%, which is above the national median property tax rate of 1.02%. Within South Dakota, Salem has the highest median tax rate at 1.55%, while Parker has the lowest at 0.89%. Comparatively, McCook County's rate is higher than the national median but lower than Salem's. Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively. By comparing McCook County's rate to other counties in South Dakota and the U.S. median, property owners can better assess their tax situation and explore potential savings through appeals or exemptions.

Property Tax Rates Across Mccook County, South Dakota

Source: Ownwell

0.89%

1.22%

1.55%

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 Mccook 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 Mccook County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bridgewater	0.90%	0.94%	1.06%	2.14%	2.53%
Canistota	0.90%	0.99%	1.17%	1.91%	2.61%
Canova	0.69%	0.77%	0.89%	1.01%	1.12%
Dolton	0.91%	0.98%	1.00%	1.06%	1.11%
Emery	0.97%	1.02%	1.07%	1.16%	1.35%
Marion	0.92%	0.99%	1.03%	1.09%	1.22%
Monroe	0.84%	0.88%	0.96%	1.17%	1.52%
Montrose	0.78%	0.86%	0.96%	1.11%	1.41%
Parker	0.83%	0.86%	0.89%	0.98%	1.06%
Salem	0.92%	1.06%	1.55%	1.83%	2.14%
Spencer	0.88%	0.99%	1.37%	3.07%	3.07%
Humboldt	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Mccook County, South Dakota

When examining property taxes in McCook County, 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 McCook County Director of Equalization 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 McCook County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 McCook County. For example, the median tax bill in McCook County is $2,400, with tax bills ranging significantly across the county. Canova has the highest median home price at $413,762.

Property Tax Assessment Values Across Mccook County, South Dakota

Source: Ownwell

$63,200

$238,481

$413,762

Median Mccook County Market Value

$154,560

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mccook County, South Dakota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bridgewater	$4,115	$21,387	$200,731	$510,382	$621,989
Canistota	$16,818	$53,876	$119,158	$308,952	$516,336
Canova	$127,266	$219,806	$413,762	$547,476	$644,291
Dolton	$220,862	$271,244	$311,126	$465,623	$718,200
Emery	$98,882	$161,282	$242,657	$437,084	$566,255
Marion	$83,536	$99,600	$248,780	$413,448	$526,197
Monroe	$59,721	$85,107	$275,475	$540,496	$563,930
Montrose	$24,693	$127,709	$243,548	$367,086	$500,369
Parker	$79,567	$272,351	$316,078	$481,472	$598,390
Salem	$43,353	$82,525	$138,224	$249,900	$450,149
Spencer	$1,052	$27,398	$63,200	$204,387	$490,329
Humboldt	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Mccook County, South Dakota

In McCook County, South Dakota, property tax bills are determined by assessing the value of a property and applying the local tax rate. The median home price in the county is $154,560. Property taxes are calculated based on the assessed value of a home, which may differ from its market value. The assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as property location, improvements, and exemptions can influence the assessed value. In McCook County, tax bills can range significantly, with the 25th percentile at $1,108 and the 75th percentile at $3,568. The 90th percentile reaches $5,232, indicating a wide variance based on property value and location. Homeowners in Canova face the highest median tax bill at $3,581, while those in Spencer see the lowest at $1,509. Compared to the national median property tax bill of $2,400, McCook County's tax bills can be relatively high or low, impacting homeowners differently depending on their property's assessed value.

Property Tax Bills Across Mccook County, South Dakota

Source: Ownwell

$1,509

$2,545

$3,581

Median Mccook County Tax Bill

$2,074

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Mccook County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bridgewater	$93	$438	$2,214	$4,897	$6,074
Canistota	$278	$789	$1,587	$4,040	$5,459
Canova	$1,317	$2,069	$3,581	$4,611	$5,520
Dolton	$2,260	$2,678	$3,507	$4,327	$7,078
Emery	$1,117	$1,867	$2,975	$4,792	$5,602
Marion	$777	$1,306	$2,749	$4,368	$5,544
Monroe	$523	$1,385	$2,734	$4,806	$5,328
Montrose	$367	$1,268	$2,326	$3,517	$4,884
Parker	$281	$2,639	$2,989	$4,209	$5,180
Salem	$691	$1,376	$2,172	$3,305	$4,832
Spencer	$31	$534	$1,509	$2,688	$4,535
Humboldt	N/A	N/A	N/A	N/A	N/A

Source: Ownwell