How much are property taxes in Herman Township, SD?
Homeowners in Herman Township, SD pay a median of $2,830 (±$622) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $3,357.
Homes without a mortgage pay a median of $1,833.
That is about 1.0% of the median home value of $291,200.
In Herman Township, the median real estate tax went from $2,126 in 2015–2019 to $2,830 in 2020–2024 (+33.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median real estate taxes
- $2,830 (±$622)
- With a mortgage
- $3,357
- Without a mortgage
- $1,833
- Share of median value
- 1.0%
Real estate taxes in Herman Township against Lake County, its state and the nation
| Herman Township | Lake County | South Dakota | United States | |
|---|---|---|---|---|
| Median real estate taxes | $2,830 (±$622) | $2,546 (±$167) | $2,724 (±$28) | $3,119 |
| Homes with a mortgage | $3,357 (±$476) | $2,654 (±$187) | $2,955 (±$34) | $3,489 |
| Homes without a mortgage | $1,833 (±$928) | $2,383 (±$278) | $2,390 (±$48) | $2,576 |
| Median home value | $291,200 (±$68,049) | $247,600 (±$21,400) | $257,400 (±$3,051) | $332,700 |
In Herman Township, the median real estate tax is not measurably different from Lake County ($2,546).
It is not measurably different from South Dakota ($2,724).
It is not measurably different from the national figure ($3,119).
In Lake County, Herman Township ranks 7 of 18 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 156 of 729.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Taxes as a share of home value in Herman Township
The median tax ($2,830) is 1.0% of the median home value ($291,200).
Across Lake County the same ratio is 1.0%.
Across South Dakota it is 1.1%.
This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.
Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.
How property taxes in Herman Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $2,126 (±$346) | $2,830 (±$622) | +33.1% | No measurable change after inflation |
| Median home value | $234,800 (±$26,166) | $291,200 (±$68,049) | +24.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,578 (±$360) | $1,782 (±$336) | +12.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near Herman Township
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Herman Township | — | $2,830 (±$622) | — |
| Madison | 4.6 mi | $2,444 (±$182) | Not measurably different |
| Lake View Township | 6.0 mi | $3,955 (±$1,067) | Not measurably different |
| Farmington Township (Lake County) | 6.2 mi | $2,313 (±$623) | Not measurably different |
| Orland Township | 6.4 mi | $2,688 (±$395) | Not measurably different |
| Concord Township | 8.5 mi | $4,225 (±$2,528) | Not measurably different |
| Le Roy Township | 8.7 mi | $1,611 (±$468) | Lower |
| Franklin Township (Lake County) | 9.1 mi | $2,636 (±$521) | Not measurably different |
| Ramona | 10.0 mi | $800 (±$487) | Lower |
Nearby places with a measurably lower figure: Le Roy Township, SD ($1,611), Ramona, SD ($800).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Lake County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 1 | Wentworth Township | $4,572 (±$408) |
| 2 | Concord Township | $4,225 (±$2,528) |
| 3 | Lake View Township | $3,955 (±$1,067) |
| 4 | Brant Lake | $3,767 (±$963) |
| 5 | Rutland Township | $3,591 (±$1,278) |
| 6 | Wayne Township (Lake County) | $3,500 (±$1,215) |
| 7 | Herman Township | $2,830 (±$622) |
| 8 | Summit Township (Lake County) | $2,742 (±$395) |
| 9 | Orland Township | $2,688 (±$395) |
| 10 | Franklin Township (Lake County) | $2,636 (±$521) |
| 11 | Madison | $2,444 (±$182) |
| 12 | Farmington Township (Lake County) | $2,313 (±$623) |
| 13 | Nunda Township | $1,844 (±$395) |
Showing 13 of 18 places in Lake County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Herman Township
How much are property taxes in Herman Township?
The median real estate tax paid by homeowners in Herman Township, SD is $2,830 (±$622) a year (2020–2024 American Community Survey).
What is the property tax rate in Herman Township?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 1.0% of the median home value in Herman Township, and the actual rate is set by the town, county and school district.
Have property taxes in Herman Township gone up?
In Herman Township, the median real estate tax went from $2,126 in 2015–2019 to $2,830 in 2020–2024 (+33.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Are property taxes in Herman Township higher than in Lake County?
In Herman Township, the median real estate tax is not measurably different from Lake County ($2,546).
It is not measurably different from South Dakota ($2,724).
It is not measurably different from the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Herman township, Lake County, South Dakota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Herman township, Lake County, South Dakota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Herman township, Lake County, South Dakota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Herman township, Lake County, South Dakota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Herman township, Lake County, South Dakota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Herman township, Lake County, South Dakota (county subdivision:28260, in state:46 county:079).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Herman Township at a glance
- Income and affordability in Herman Township
- Home values in Herman Township
- Homeowner costs in Herman Township
- Types of homes in Herman Township
- Age of homes in Herman Township
- Heating fuel in Herman Township
- Commute and cars in Herman Township
- South Dakota landlord and tenant rules
- Housing across Lake County
- South Dakota places ranked by property taxes
- Housing data for every place in South Dakota