Tripp County, South Dakota Property Taxes

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

Median Tripp County effective property tax rate: 1.24%, significantly higher than the national median of 1.02%.
Median Tripp County home value: $101,061
Median annual Tripp County tax bill: $1,096, $1,304 lower than the national median property tax bill of $2,400.

How are property taxes in Tripp County calculated?

Property taxes in Tripp 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 Winner or another part of Tripp County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Tripp County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.24%

Estimate Property Tax Bill

$1,253

$1,163

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

Property Tax Rates Across Tripp County, South Dakota

Local government entities are responsible for setting tax rates, which can vary significantly across South Dakota. Annually, each county calculates its budget needs for public services and divides that by the total assessed value of all taxable property within its borders. This calculation determines the property tax rate. Although votes and legislation play a role in finalizing tax rates and budgets, this is the basic annual procedure.

Tripp County, for instance, has a median property tax rate of 1.24%, which is higher than the national median of 1.02%. Within South Dakota, tax rates can vary, with Winner having the highest median tax rate at 1.32% and Hamill the lowest at 0.69%. Comparing Tripp County's rate to the national median, residents here pay more in property taxes. Understanding these variations helps property owners in Tripp County better anticipate their tax obligations and explore potential savings through appeals or exemptions.

Property Tax Rates Across Tripp County, South Dakota

Source: Ownwell

0.69%

1.01%

1.32%

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 Tripp County Tax Rate

1.24%

Median Effective South Dakota Tax Rate

1.45%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tripp County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Carter	0.64%	0.67%	0.75%	0.92%	1.11%
Colome	0.67%	0.70%	0.91%	1.63%	1.96%
Dallas	0.67%	0.70%	0.81%	0.98%	1.36%
Hamill	0.63%	0.64%	0.69%	0.84%	1.18%
Ideal	0.63%	0.67%	0.86%	1.19%	1.85%
Wewela	0.66%	0.72%	0.92%	1.16%	1.22%
Winner	0.66%	0.88%	1.32%	1.53%	1.65%
Witten	0.65%	0.67%	1.20%	1.75%	1.75%
Gregory	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Tripp County, South Dakota

When examining property taxes in Tripp 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 Tripp 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.

In Tripp County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Tripp County.

For example, the median tax bill in Tripp County is $1,609, with tax bills ranging significantly across the county. Hamill has the highest median home price at $207,467.

Property Tax Assessment Values Across Tripp County, South Dakota

Source: Ownwell

$44,250

$125,859

$207,467

Median Tripp County Market Value

$101,061

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tripp County, South Dakota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Carter	$14,931	$76,554	$183,866	$241,618	$289,074
Colome	$7,887	$24,124	$82,227	$187,698	$239,218
Dallas	$50,856	$131,149	$205,260	$261,619	$343,262
Hamill	$25,989	$85,612	$207,467	$299,452	$404,720
Ideal	$22,500	$50,965	$174,937	$253,038	$396,804
Wewela	$2,978	$13,991	$99,970	$227,592	$262,994
Winner	$12,071	$45,277	$93,702	$160,268	$244,010
Witten	$1,463	$6,165	$44,250	$192,044	$291,323
Gregory	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Tripp County, South Dakota

In Tripp County, SD, property tax bills are calculated based on the assessed value of the property, which is a percentage of the market value. The local government determines the tax rate, which is applied to the assessed value to calculate the tax bill. Homeowners in Tripp County pay a median property tax bill of $1,609, which is higher than the national median of $2,400. However, within the county, there's a range of tax bills. For instance, in Hamill, the highest median tax bill is $1,609, while in Witten, the lowest is $572. Factors influencing the tax bill include property location, size, and improvements, as well as local government budget needs. The tax bill impacts homeowners by affecting their annual budget and the long-term financial planning. With tax bills ranging from the 25th percentile at $577 to the 90th percentile at $2,449, understanding these factors can help homeowners anticipate their property tax obligations and manage their finances effectively.

Property Tax Bills Across Tripp County, South Dakota

Source: Ownwell

$572

$1,091

$1,609

Median Tripp County Tax Bill

$1,096

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Tripp County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Carter	$257	$773	$1,425	$1,813	$2,479
Colome	$144	$380	$906	$1,419	$1,881
Dallas	$498	$1,039	$1,598	$2,297	$3,196
Hamill	$386	$854	$1,609	$2,173	$3,057
Ideal	$286	$700	$1,474	$2,309	$3,341
Wewela	$35	$167	$791	$1,533	$1,872
Winner	$239	$609	$1,087	$1,757	$2,466
Witten	$28	$108	$572	$1,334	$2,043
Gregory	N/A	N/A	N/A	N/A	N/A

Source: Ownwell