Lake County property tax
Homeowners in Lake County, South Dakota typically pay about 1.03% of their home's value in property tax each year — a median bill of $2,546 on a median home value of $247,600.
Typical effective rate
1.03%
higher than 33% of U.S. counties
Median tax paid
$2,546
per year
Median home value
$247,600
In SD
#32
of 66 ranked counties
At a glance
- Effective rate 1.03% — 10% higher than the U.S. median of 0.94%, and 3% lower than the South Dakota median of 1.06%.
- With vs. without a mortgage — median tax $2,654 for mortgaged homes, $2,383 for homes owned outright.
- State ranking — 32nd highest effective rate of 66 ranked South Dakota counties; nationally it sits around the 67th percentile.
Estimate a bill for Lake County
Apply this county's typical effective rate (1.03%) to a home value of your choice.
Frequently asked questions
What is the property tax rate in Lake County, SD?
The typical effective property-tax rate in Lake County is 1.03% of a home's value per year, based on median taxes paid ($2,546) divided by the median home value ($247,600) in the Census ACS 2020–2024 5-year estimates. This is a typical burden for comparison, not a statutory mill rate.
How much is property tax on a typical home in Lake County?
The median owner-occupied home in Lake County is valued at $247,600, and the median real estate tax paid is $2,546 per year. Homes with a mortgage have a median tax of $2,654, versus $2,383 for homes without one.
How does Lake County compare to the rest of South Dakota?
Lake County's effective rate is 3% lower than the South Dakota median, ranking 32nd of 66 ranked counties in the state.
Compare nearby South Dakota counties
Counties ranked closest to Lake County by in-state effective rate. Open the comparison tool or see all South Dakota counties.
| In-state | County | Effective rate | Median tax |
|---|---|---|---|
| 29 | Yankton County | 1.06% | $2,388 |
| 30 | Aurora County | 1.04% | $1,574 |
| 31 | Hanson County | 1.03% | $1,979 |
| 33 | Gregory County | 1.02% | $1,428 |
| 34 | Meade County | 1.01% | $3,129 |
| 35 | Kingsbury County | 1.01% | $1,704 |
Official data & resources for Lake County
- Lake County Census profile (data.census.gov) — housing, value and tax figures for this county.
- Table B25103 for Lake County — median real estate taxes paid (the source for the tax figures above).
- Table B25077 for Lake County — median home value.
- Federal forms & is property tax deductible? — IRS Pub 530, Schedule A and the SALT cap, plus your state tax agency.
Finding your exact bill
Your county or municipal assessor (sometimes called the appraisal district, property appraiser, or tax collector) sets the assessed value and the exact millage that produces your bill. Search for "[county name] [state] assessor" or "property tax" on an official .gov site.
Figures on this page are Census survey medians for the whole county (2020–2024 5-year), not an assessment of any individual property. Rates, exemptions and assessment practices vary by municipality and school district within a county.