Property tax, income tax, sales tax, and retirement-income treatment in South Dakota. Quick read for movers, retirees, and remote workers.
Property tax
South Dakota’s effective property tax rate is approximately 1.14% of assessed home value per year. On a $350,000 home that’s about $3,989/yr. Rates vary by county and municipality — this is a state-wide average.
Income tax
Top marginal rate: 0%. No state income tax. For wage earners, the effective rate depends on filing status, deductions, and credits.
Sales tax
State base rate: 4.50%. Local municipal and county additions can raise the combined rate by 1-4 percentage points.
Retirement income
Social Security: Not taxed by state. Pensions & 401(k) withdrawals: Not taxed (no state income tax).
Top cities in South Dakota
Sioux Falls · pop 209,289 · momentum 72
Rapid City · pop 79,894 · momentum 72
Aberdeen · pop 27,919 · momentum 70
Brookings · pop 24,555 · momentum 73
Watertown · pop 23,492 · momentum 71
Yankton · pop 15,670 · momentum 66
Compare to other states: All 50 state tax overviews · All South Dakota cities · Best South Dakota cities for retirees
Sources: Tax Foundation effective property tax rankings, state DOR publications, AARP retirement tax guide. 2024/2025 representative figures — verify with a CPA for your specific situation.