South Dakota · County property tax · ACS 2024
Faulk County Property Taxes
The median homeowner in Faulk County pays $916 a year, an effective rate of 0.62%, far below the U.S. average.
- $916
- Median tax / yr · Low bill
- 0.62%
- Effective rate · Below-median rate
- -54%
- vs U.S. average
- #64 of 66
- rank in SD
The verdict
Homeowners in Faulk County pay a median $916 a year in property tax, an effective rate of 0.62%, more affordable than 69% of U.S. counties (Census ACS 2024).
- $916
- Median annual tax bill, 2024
- 0.62%
- Effective rate on median home
- #974 of 3135
- U.S. counties by tax burden
- -54%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($147,500). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for South Dakota. Population: 2,126. Owner-occupied homes: 686.
The median annual property tax in Faulk County is $916, which is 66% lower than the South Dakota state average and 54% below the national average. The effective tax rate is 0.62% on a median home value of $147,500. Property taxes represent 1.6% of the median household income in this county.
Faulk County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Faulk County's 0.62% effective rate sits near the middle of 3,135 tracked counties (more affordable than 69%).
Decision signal 2
The bill sits well below the national median
Homeowners in Faulk County pay a median annual property tax of $916, far below the national median and far below the South Dakota state median. On a $147,500 median home, that works out to an effective rate of 0.62% once the local assessment base and millage are combined.
Decision signal 3
High among South Dakota counties by effective rate
Faulk County ranks #64 of 66 counties in South Dakota by effective rate (3% of in-state counties pay a lower rate).
Decision signal 4
Income carries a light tax share
Property taxes in Faulk County run a bit below the commonly cited 2%-4% national benchmark, at about 1.6% of the $57,750 median household income.
Informational notice
Figures describe the median homeowner household in Faulk County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
The rate gave way faster than almost anywhere
Between the 2020 and 2024 releases the median home value in Faulk County rose 67.2%, from $88,200 to $147,500. The effective rate fell 41.5% over the same span, a steeper move than in 100% of U.S. counties.
The median bill still fell 2.1%, to $916. Where the rate drops this far and the bill rises anyway, what changed is the value the rate is applied to.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
This is one of the counties where the typical bill came down, from $936 in 2020 to $916 in 2024, a fall of 2%. The source reports the change but does not distinguish among rate, value, or household-composition effects.
The largest reported group here falls at the bottom of the national range: 279 of 686 owner-occupied homes (40.7%) report annual real-estate taxes under $800. This distribution describes reported owner-occupied homes, not an affordability judgment for any property.
Both figures cluster near the middle of the national range, and the median bill comes to 1.6% of median household income. Counties like this are the reason a national average exists at all, and also the reason it explains so little.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
The published bill went DOWN here
Between the 2020 and 2024 ACS releases the median annual property tax in Faulk County fell from $936 to $916, a change of -2.1%. Fewer than three counties in a hundred recorded any decline over this period; nearly everywhere else the published figure rose. A fall can reflect reassessment, a shifting mix of the homes surveyed, or genuine rate relief, and these estimates cannot separate those causes.
What Faulk County Homeowners Actually Pay
The single largest group of Faulk County homeowners, 279 of 686 owner-occupied homes (40.7%), pays less than $800 a year. The median is one point in this spread, not a typical bill.
- Less than $800 40.7% (279)
- $800 to $1,499 24.8% (170)
- $1,500 to $1,999 9.9% (68)
- $2,000 to $2,999 12.0% (82)
- $3,000 or more 11.1% (76)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
11 homes here (1.6%) report no real estate tax at all. Exemptions are set by state: how South Dakota handles assessments and appeals.
With vs Without Mortgage
In Faulk County, mortgaged homeowners pay 21% more than those without a mortgage, a gap that typically tracks higher home values rather than a different tax rate.
Faulk County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Faulk County's effective rate is higher than 3% of the 66 counties in South Dakota - ranking #64 of 66.
Where Faulk County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.62% Among the most affordable more affordable than 69% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
Below South Dakota on both measures
Faulk County's effective rate runs 42% under the South Dakota median and its bill 66% under. Both sitting on the same side means the gap is not a valuation artefact: a county can post a low rate purely because its homes are expensive, but then the bill rises to meet the state. Here it does not, so the $916 median bill reflects a genuinely lighter charge than the South Dakota norm rather than a different denominator. Compare it against the state page before reading anything into the county rank.
Faulk County vs Benchmarks
| Metric | Faulk County | South Dakota Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Low bill | |||
| Effective Tax Rate Below-median rate | |||
| Median Home Value | |||
| Tax as % of income Light income burden | 1.6% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Faulk County is QUIET · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · South Dakota counties.
Faulk County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $916 -3.2% | 0.62% |
| 2023 | $946 +0.2% | 0.76% |
| 2022 | $944 +4.7% | 0.82% |
| 2021 | $902 -3.6% | 0.96% |
| 2020 | $936 | 1.06% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Faulk County: tax takes only 1.6% of income
Counties near Faulk County's effective rate
On effective rate, Faulk County sits nearest Klamath County (OR), Seminole County (OK), Ottawa County (OK).
On published median-tax change, the nearest matches are Scott County (IL), Petroleum County (MT), Taliaferro County (GA).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
IRS county file: no disclosed Faulk County Schedule A rows
The IRS county file records no returns reporting real estate taxes on Schedule A for Faulk County. That is a limit of the published data rather than a finding about the county: county-level figures are withheld where the counts are too small to disclose safely, which is common in places with few filers. Roughly one county in sixteen is in this position, so the filer view available elsewhere on this site is simply not available here. Source: IRS Statistics of Income county data.
Other Counties in South Dakota
Faulk County rate FAQs
- How does Faulk County property tax compare to the national average?
- Property taxes in Faulk County run far below the national median of $1,993, an effective rate of 0.62% versus 0.92% nationally.
- What is the tax affordability score for Faulk County?
- Faulk County, South Dakota scores B+ (75/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is income room at A- (1.6%). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- What is the average property tax in Faulk County, South Dakota?
- The median annual property tax in Faulk County is $916, an effective rate of 0.62% on a $147,500 median home (Census ACS, 2024).
- What percentage of income goes to property taxes in Faulk County?
- Property taxes in Faulk County run a bit below the commonly cited 2%-4% national benchmark, at about 1.6% of the $57,750 median household income.
- Are property taxes increasing in Faulk County?
- The ACS median property-tax bill for Faulk County eased 2.1% between the 2020 and 2024 5-year releases, from $936 to $916, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
What to do with Faulk County's QUIET rate
Faulk County's $916 median bill sits well below the U.S. median - still size a parcel estimate; local millage and exemptions move the real bill. Estimate your bill →
Income burden is light here: about 1.6% of Faulk County's $57,750 median household income goes to the property-tax bill.
Nationwide peers by effective rate (then bill)
Rate-first peers for Faulk County's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.62%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $916/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Faulk County
Nearest ABS(median_tax) ACS peers for Faulk County (QUIET · LIGHT), replacing the old fixed Keep exploring strip.
QUIET LIGHT
Breckinridge County, KY
ABS(median_tax) peer · tied with Faulk County at $916/yr; rate 0.58% vs Faulk County 0.62%.
Orange County, IN
ABS(median_tax) peer · $917/yr (near-tied bill ABS $1); rate 0.58% vs Faulk County 0.62%.
Rio Blanco County, CO
ABS(median_tax) peer · $917/yr (near-tied bill ABS $1); rate 0.33% vs Faulk County 0.62%.
Union County, MS
ABS(median_tax) peer · $918/yr (near-tied bill ABS $2); rate 0.56% vs Faulk County 0.62%.
Lamb County (rate-lane contrast)
Near Faulk County on ACS median bill yet stamps a different effective-rate lane (1.12% vs 0.62%).
South Dakota county set
State ACS overview for every published South Dakota county rate and median bill.
Assessment cycle basics
Faulk County stamps QUIET · LIGHT - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.
Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Faulk County (QUIET · LIGHT) - ACS medians, not a parcel bill.