Sturgis, Meade County, South Dakota Property Taxes
Median STURGIS, SD effective property tax rate: 1.14%, significantly higher than the national median of 1.02%.
Median STURGIS, SD home value: $229,950
Median annual STURGIS, SD tax bill: $2,850, $450 higher than the national median property tax bill of $2,400.
How are property taxes in Meade calculated?
Property taxes in STURGIS, 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 STURGIS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in STURGIS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sturgis, Meade County, South Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$2,621
$2,433
Property Tax Rates Across Sturgis, Meade County, South Dakota
Local government entities set tax rates, which can vary widely within a state. Why? Every year, 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 Sturgis’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 Sturgis, located in Meade County, the median property tax rate is 1.14%, which is slightly above the national median of 1.02%. This rate is consistent across the area, as both the highest and lowest median tax rates in the county are 1.14%. When compared to the national median property tax bill of $2400, the local tax implications for property owners in Sturgis can be significant. Understanding these rates can help property owners make informed decisions about property investments and appeals.
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 Sturgis Tax Rate
1.14%
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 Meade County Tax Rate
1.10%
Median Effective South Dakota Tax Rate
1.45%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sturgis, Meade County, South Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 57785 | 0.91% | 1.10% | 1.14% | 1.31% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Sturgis, Meade County, South Dakota
When examining property taxes in Sturgis, 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 Meade 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 Meade 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 Sturgis. For example, the median home price in Sturgis is $229,950, with tax bills ranging significantly across the county. Zip code 57785 has the highest median home price at $229,950.
Property Tax Assessment Values Across Sturgis, Meade County, South Dakota
Source: Ownwell
$73,709
$255,278
$436,847
Median Sturgis Market Value
$229,950
Median Meade County Market Value
$257,121
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sturgis, Meade County, South Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 57785 | $36,131 | $149,035 | $229,950 | $311,264 | $406,462 |
Source: Ownwell
Property Tax Bills Across Sturgis, Meade County, South Dakota
In Sturgis, Meade County, South Dakota, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in this area is $229,950. The tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property improvements, market trends, and local budget requirements can influence the assessed value, affecting the final tax bill. Homeowners in Sturgis can expect tax bills ranging from $2,119 at the 25th percentile to $4,727 at the 90th percentile. The median tax bill in this area is $2,850, slightly above the national median of $2,400.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing market data and assessment records, Ownwell identifies opportunities for reducing assessed values, potentially lowering tax bills. This service can be especially beneficial in regions like Sturgis, where tax bills can significantly impact household budgets.
Median Sturgis Tax Bill
$2,850
Median Meade County Tax Bill
$2,959
Median South Dakota Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Sturgis, Meade County, South Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 57785 | $1,443 | $2,119 | $2,850 | $3,695 | $4,727 |
Source: Ownwell