Freeman, Turner County, South Dakota Property Taxes

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

Median Freeman, SD effective property tax rate: 1.10%, significantly higher than the national median of 1.02%.
Median Freeman, SD home value: $370,643
Median annual Freeman, SD tax bill: $4,014, $1,614 higher than the national median property tax bill of $2,400.

How are property taxes in Turner calculated?

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

Last Updated March 1, 2025

Freeman, Turner County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$4,077

$3,783

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

Property Tax Rates Across Freeman, Turner County, South Dakota

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

Property Tax Rates Across Freeman, Turner County, South Dakota

Source: Ownwell

1.06%

1.49%

1.92%

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 Freeman Tax Rate

1.10%

Median Effective Turner County Tax Rate

1.17%

Median Effective South Dakota Tax Rate

1.45%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Freeman, Turner County, South Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
57029	0.88%	1.02%	1.10%	1.21%	1.30%

Source: Ownwell

Property Tax Assessment Values Across Freeman, Turner County, South Dakota

When examining property taxes in Freeman, 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 Turner 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. Assessment notices: Turner County sends assessment notices in the spring each year, typically reaching your mailbox by the middle of April. Each property owner receives an assessment notice containing 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 Freeman. For example, the median home price in Freeman is $370,643, with tax bills ranging significantly across the county. 57029 has the highest median home price at $370,643.

Property Tax Assessment Values Across Freeman, Turner County, South Dakota

Source: Ownwell

$31,801

$239,118

$446,434

Median Freeman Market Value

$370,643

Median Turner County Market Value

$180,896

Median United States Market Value

$235,294

Property Tax Assessment Values Across Freeman, Turner County, South Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
57029	$176,023	$235,239	$370,643	$506,660	$650,833

Source: Ownwell

Property Tax Bills Across Freeman, Turner County, South Dakota

In Freeman, located in Turner County, SD, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as location, property size, and improvements can influence the assessed value, impacting the tax bill. The median home price in Freeman is $370,643, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $2,796, while the 75th percentile reaches $5,399, and the 90th percentile can be as high as $6,979. The highest and lowest median tax bills in the area are both $4,014, reflecting some consistency in tax assessments. With the national median property tax rate at 1.02%, Freeman's property tax bills can be considered relatively high. Ownwell can assist homeowners by evaluating their property assessments to identify potential inaccuracies and filing appeals if necessary, helping to ensure homeowners pay only their fair share.

Property Tax Bills Across Freeman, Turner County, South Dakota

Source: Ownwell

$557

$2,593

$4,629

Median Freeman Tax Bill

$4,014

Median Turner County Tax Bill

$2,289

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Freeman, Turner County, South Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
57029	$1,741	$2,796	$4,014	$5,399	$6,979

Source: Ownwell