Huron, Sanborn County, South Dakota Property Taxes

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

Median Huron, SD effective property tax rate: 0.94%, slightly lower than the national median of 1.02%.
Median Huron, SD home value: $264,804
Median annual Huron, SD tax bill: $2,424, $24 higher than the national median property tax bill of $2,400.

How are property taxes in Sanborn calculated?

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

Last Updated March 1, 2025

Huron, Sanborn County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.94%

Estimate Property Tax Bill

$2,489

$2,310

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

Property Tax Rates Across Huron, Sanborn County, South Dakota

Local government entities determine property tax rates, which can significantly differ within a state. Each year, counties calculate their necessary budget to fund services and divide this by the total value of all taxable properties in their area. This process establishes the property tax rate. Although the setting of tax rates and budgets involves votes and regulations, this is the basic annual procedure.

In Huron, located in Beadle County, South Dakota, the effective property tax rate is 1.29%, which is slightly above the state median of 1.22% and the national median of 1.02%. The median property tax bill in Huron is $1,642, contrasting with the national median of $2,400. This indicates that while the tax rate is higher than the national average, the actual tax bill remains below the national median due to property values. Comparing Huron’s rates to other cities in South Dakota and the broader U.S., it becomes clear that local variations can significantly impact property tax responsibilities. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Huron, Sanborn County, South Dakota

Source: Ownwell

1.13%

1.63%

2.14%

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 Huron Tax Rate

0.94%

Median Effective Sanborn County Tax Rate

1.57%

Median Effective South Dakota Tax Rate

1.45%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Huron, Sanborn County, South Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
57350	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Huron, Sanborn County, South Dakota

When examining property taxes in Huron, 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 Sanborn 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 Sanborn 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 Huron. For example, the median home price in Huron is $264,804, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Huron, Sanborn County, South Dakota

Source: Ownwell

$71,744

$100,172

$128,600

Median Huron Market Value

$264,804

Median Sanborn County Market Value

$84,330

Median United States Market Value

$235,294

Property Tax Assessment Values Across Huron, Sanborn County, South Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
57350	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Huron, Sanborn County, South Dakota

In Huron, located in Sanborn County, SD, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value generally reflects a percentage of the market value, and this figure is then multiplied by the local tax rate to determine the tax bill. For homeowners in Huron, the median tax bill can range significantly, with the 25th percentile at $2,188 and the 75th percentile at $2,766, highlighting the variability in tax assessments. Compared to the national median property tax bill of $2,400, Huron's tax bills can be quite competitive, though some homeowners may find themselves paying more, especially at the higher percentiles. This variability can impact homeowners' finances, making it crucial to ensure that their property is assessed accurately. Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering tax bills by identifying and correcting assessment errors. This can lead to significant savings, easing the financial burden on homeowners.

Property Tax Bills Across Huron, Sanborn County, South Dakota

Source: Ownwell

$1,098

$1,372

$1,646

Median Huron Tax Bill

$2,424

Median Sanborn County Tax Bill

$1,303

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Huron, Sanborn County, South Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
57350	N/A	N/A	N/A	N/A	N/A

Source: Ownwell