Sioux Falls is South Dakota's largest city and a major banking hub, benefiting from the state's lack of income tax and business-friendly regulations. Minnehaha County's property tax rate is close to the statewide average.
Recommended for incomes above $85k/yr (28% DTI rule)
Sioux Falls housing market
The 1.25% property tax rate reflects the county-level effective rate for Sioux Falls and is used to calculate your monthly tax escrow above. This rate may differ from the statewide South Dakota average — county-level data produces more accurate monthly payment estimates for Sioux Falls buyers. Many Sioux Falls properties also carry HOA fees — the area average is approximately $100/month, which is not included in the calculator above.
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