Pennington County Property Tax Rate
South Dakota
Pennington County, South Dakota has an effective property tax rate of 1.08%, which is 17% higher than the national average of 0.92%. On a home valued at $302,200, homeowners pay approximately $3,265 per year in property taxes. Pennington County ranks #27 out of 66 counties in South Dakota for property tax rates.
$3,265
Per year
$302,200
2024 estimate
4.38%
Median income: $74,517
#27
of 66 counties in SD
Tax Breakdown
With Mortgage
$3,276
median annual tax
Without Mortgage
$3,247
median annual tax
Homeowners with a mortgage in Pennington County pay on average $29 more per year than those without. This difference often reflects how property tax escrow accounts in mortgaged homes capture the full tax obligation.
How Pennington County Compares
Top Counties in South Dakota
Historical Property Tax Trends
| Year | Median Tax | Median Home Value | Effective Rate |
|---|---|---|---|
| 2020 | $2,708 | $197,200 | 1.37% |
| 2021 | $2,722 | $210,900 | 1.29% |
| 2022 | $2,916 | $247,800 | 1.18% |
| 2023 | $3,049 | $270,400 | 1.13% |
| 2024 | $3,265 | $302,200 | 1.08% |
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates
South Dakota Property Tax Exemptions
Available to Pennington County homeowners
Owner-Occupied (Tax Reduction)
Assessment frozen for qualifying applicants; property tax reduction varies
Primary residence owners (assessment freeze available for disabled and elderly)
Over 65/Disabled Assessment Freeze
Assessed value frozen at current level
Homeowners age 65+ or disabled with income under $29,854 for single (adjusted annually)
Disabled Veteran
Up to $150,000 of full and true value for totally disabled veterans
Veterans with service-connected disability
Property Tax Calculator
Estimate your annual property tax in Pennington County
Estimated Annual Property Tax
$3,240
$270/month · Rate: 1.08%
Nearby Counties
Quick Facts
Think your property tax is too high?
Homeowners save an average of $1,148/year by appealing their assessment.
Learn How to Appeal →Cities in Pennington County
Explore property tax data for 1 city in Pennington County, South Dakota.
| City | Annual Tax | Rate |
|---|---|---|
| Rapid City | $3,058 | 1.13% |
Frequently Asked Questions
Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.