Rate Breakdown

Property taxes in Stanley County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Stanley County

Property taxes in Stanley County, SOUTH DAKOTA are calculated based on the assessed value of your property. The assessment process begins with the Stanley County Auditor's Office, which determines the market value of your property. The auditor's office uses a combination of factors, including the sale of comparable properties, to determine the assessed value of your property.

The assessed value is then multiplied by the millage rate, which is set by the Stanley County Commission. The millage rate is expressed as a dollar amount per $1,000 of assessed value. In Stanley County, the millage rate for property taxes is 1.32%. This means that for every $1,000 of assessed value, you will pay $13.20 in property taxes.

Here's an example of how property taxes are calculated:

• Assessed Value: $100,000
• Millage Rate: 1.32%
• Property Taxes: $100,000 x 0.0132 = $1,320 per year

Available Exemptions

In SOUTH DAKOTA, there are several exemptions available for property taxes. These exemptions are designed to reduce the amount of property taxes you pay. Some of the available exemptions include:

• Homestead Exemption: This exemption reduces the taxable value of your primary residence by $50,000. To qualify, you must occupy the property as your primary residence and file a homestead exemption application with the Stanley County Assessor's Office.
• Senior Citizen Exemption: This exemption reduces the taxable value of your primary residence by $30,000 for individuals 65 years of age or older. To qualify, you must occupy the property as your primary residence and file a senior citizen exemption application with the Stanley County Assessor's Office.
• Disability Exemption: This exemption reduces the taxable value of your primary residence by $50,000 for individuals who are disabled. To qualify, you must provide documentation of your disability and file a disability exemption application with the Stanley County Assessor's Office.
• Veteran Exemption: This exemption reduces the taxable value of your primary residence by $2,500 for veterans who are 100% disabled. To qualify, you must provide documentation of your disability and file a veteran exemption application with the Stanley County Assessor's Office.

Payment Schedule & Deadlines

Property taxes in Stanley County are due on January 1st of each year. You have several payment options to pay your property taxes:

• Full Payment: You can pay your property taxes in full by January 1st of each year to avoid late fees.
• Installment Payments: You can also pay your property taxes in two installments, with the first payment due on January 1st and the second payment due on June 15th.

If you fail to pay your property taxes on time, you will be charged a late fee of 1% per month, plus interest. You may also face penalties and fines if you fail to pay your property taxes.

Appealing Your Assessment

If you disagree with your property assessment, you can appeal the decision to the Stanley County Board of Equalization. The Board of Equalization meets annually in May and June to hear appeals from property owners. To appeal your assessment, you must:

• Filing a written appeal with the Stanley County Assessor's Office by April 15th of each year.
• Providing documentation to support your appeal, such as an appraisal or other evidence of the value of your property.
• Attending the Board of Equalization meeting to present your appeal.

The Board of Equalization will review your appeal and make a decision based on the evidence presented. If your appeal is denied, you may still have the option to appeal to the Circuit Court of Stanley County.