South Dakota (SD) · Midwest Real Estate Profile
South Dakota Mortgage Payment & Property Tax Guide
Calculate your exact monthly housing expense in South Dakota. In South Dakota, the effective statewide property tax rate averages 1.17% and homeowners insurance averages 0.62% of home market value. Explore 25 pre-calculated loan scenarios below.
Effective Property Tax1.17%
Homeowners Insurance0.62%
Median Home Price$305,000
Conforming Loan Limit$766,550
Property Tax Context for South Dakota: At 1.17%, a median-priced home of $305,000 pays roughly $3,569 per year in property taxes ($297/month). Millage rates vary across counties and municipalities.
Companion Tax Engine
View South Dakota Tax Tables →Check Take-Home Pay Across All 50 States on AfterTaxMath
See exact net salary, state income tax withholding, and FICA deductions for South Dakota residents.
Monthly Payment Benchmarks in South Dakota (30-Year Fixed at 6.50%%)
Estimated monthly PITI payments assuming 20% down payment and standard 28% DTI underwriting:
| Loan Amount | Est. Home Value | 30-Yr P&I | SD Property Tax | Total PITI/mo | Required Salary | Details |
|---|---|---|---|---|---|---|
| $150,000 | $187,500 | $948/mo | $183/mo | $1,228/mo | $53,000/yr | View schedule → |
| $250,000 | $312,500 | $1,580/mo | $305/mo | $2,046/mo | $88,000/yr | View schedule → |
| $350,000 | $437,500 | $2,212/mo | $427/mo | $2,865/mo | $123,000/yr | View schedule → |
| $450,000 | $562,500 | $2,844/mo | $548/mo | $3,683/mo | $158,000/yr | View schedule → |
| $550,000 | $687,500 | $3,476/mo | $670/mo | $4,502/mo | $193,000/yr | View schedule → |
| $750,000 | $937,500 | $4,741/mo | $914/mo | $6,139/mo | $263,000/yr | View schedule → |
| $1,000,000 | $1,250,000 | $6,321/mo | $1,219/mo | $8,185/mo | $351,000/yr | View schedule → |
Browse all 25 loan amounts in South Dakota
Select any loan principal to view detailed amortization, rate sensitivity, and DTI requirements:
$100k in SD$819/mo$150k in SD$1,228/mo$200k in SD$1,637/mo$250k in SD$2,046/mo$300k in SD$2,456/mo$350k in SD$2,865/mo$400k in SD$3,274/mo$450k in SD$3,683/mo$500k in SD$4,093/mo$550k in SD$4,502/mo$600k in SD$4,911/mo$650k in SD$5,320/mo$700k in SD$5,730/mo$750k in SD$6,139/mo$800k in SD$6,548/mo$850k in SD$6,957/mo$900k in SD$7,367/mo$950k in SD$7,776/mo$1 million in SD$8,185/mo$1.1 million in SD$9,004/mo$1.2 million in SD$9,822/mo$1.3 million in SD$10,641/mo$1.4 million in SD$11,459/mo$1.5 million in SD$12,278/mo$2 million in SD$16,371/mo
Explore neighboring Midwest states
Compare mortgage payment benchmarks and property taxes across neighboring Midwest jurisdictions:
Illinois (2.08% tax)View guide →Indiana (0.81% tax)View guide →Iowa (1.50% tax)View guide →Kansas (1.34% tax)View guide →Michigan (1.38% tax)View guide →Minnesota (1.08% tax)View guide →
Closing Costs & Transfer Tax in South Dakota
Real estate transfer fee is $0.50 per $500 of value.