HonestCasa logoHonestCasa
All Tax Guides
Updated 2025 Tax Year

Hyde County
Property Tax Guide

Everything you need to know about property taxes in Hyde County, SD. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Calculate Your True CostMortgage Calculator
Quick Facts
Tax Rate
Approximately 1% base rate + local district levies (varies significantly by location within county)
Exemptions
4+ Available
Section 1

How Property Tax Works

Hyde County, South Dakota operates on a property tax system that serves as the primary funding mechanism for essential local services including schools, county government operations, emergency services, and infrastructure maintenance. Property taxes in Hyde County are levied based on assessed values determined by the county assessor, with South Dakota utilizing approximately 85% of market value for assessment purposes. The state's base property tax rate averages around 1%, though actual rates in Hyde County vary significantly depending on your specific location within the county.

Your effective property tax rate in Hyde County depends on which special taxing districts serve your property, including school districts, municipalities, and other local service areas. These additional levies can substantially impact your total tax bill, with rates potentially ranging from 0.8% to over 2% of assessed value depending on your location. The county assessor determines property values annually, and while South Dakota has no statewide assessment cap, various tax credits are available to qualifying property owners who submit proper applications.

Section 2

What Makes Up Your Tax Bill

ComponentRate RangeDescription
County General0.25% - 0.40%Basic county services, administration, courts
School District0.60% - 1.20%K-12 education, varies by district
Municipality0.15% - 0.35%City services (if within city limits)
Special Districts0.05% - 0.25%Fire protection, water, library districts
Total Estimated Range0.85% - 2.20%Actual rate depends on location

Note: These rates are estimates for the FY 2024-2025 levy year. Final 2025 property tax rates for Hyde County have not yet been officially determined. Rates vary significantly based on which school district and special taxing districts serve your specific property location. Contact the Hyde County Auditor's office for precise rates applicable to your property.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Hyde County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental property taxes in Hyde County are triggered when there are changes in property ownership, completion of new construction, or significant improvements that increase a property's assessed value during the tax year. When the county assessor identifies these changes, they calculate the difference between the old and new assessed values and apply the current tax rate to determine the supplemental tax amount.

For example, if you complete a $50,000 home addition in Hyde County mid-year, and the assessed value increase is $42,500 (85% of market value), with a local tax rate of 1.5%, your supplemental tax would be approximately $638 ($42,500 × 0.015) prorated for the remaining months in the tax year. Supplemental tax bills are typically issued within 30-60 days of the assessment change and have separate due dates from your regular property tax installments.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value (85%): $255,000
  • Less: Homestead Credit (if applied): -$4,000
  • Net Taxable Value: $251,000
  • Annual Tax (1.2% rate): $3,012
  • Monthly Payment: $251

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value (85%): $510,000
  • Less: Homestead Credit (if applied): -$4,000
  • Net Taxable Value: $506,000
  • Annual Tax (1.4% rate): $7,084
  • Monthly Payment: $590

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value (85%): $850,000
  • Less: Senior/Disabled Credit (if qualified): -$6,000
  • Net Taxable Value: $844,000
  • Annual Tax (1.6% rate): $13,504
  • Monthly Payment: $1,125

Note: Tax credits shown require annual application and eligibility verification. Actual tax rates vary by location within Hyde County based on special taxing districts.

See How Taxes Affect Your Payment

Property taxes are just part of your total monthly cost. Get the full picture.

Calculate Now
Section 5

Escrow & Property Taxes

Most mortgage lenders in Hyde County require property tax escrow accounts for loans with less than 20% down payment. Your lender collects approximately 1/12 of your estimated annual property tax bill with each monthly mortgage payment, depositing these funds into an escrow account. The lender then pays your property taxes directly to Hyde County on the due dates of April 15th and September 15th each year.

Lenders typically conduct annual escrow analyses to ensure adequate funds are collected, which may result in payment adjustments if property taxes increase or decrease significantly. You'll receive an escrow disclosure statement showing the projected tax payments and any surplus or shortage in your account. If you pay property taxes directly without escrow, you're responsible for making timely payments to avoid penalties and potential tax lien procedures. The Hyde County Treasurer's office can verify that your lender has made proper tax payments if you have concerns about your escrow account management.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are Hyde County property taxes due for 2025? A: Property taxes are typically due April 15th and September 15th annually. Contact the Hyde County Treasurer at (605) 852-2512 for exact due dates for the current fiscal year.

Q: What tax credits are available and how do I apply? A: Common credits include the Homestead Credit (caps assessment increases), Senior Citizen Credit (age 65+), Disabled Veteran Credit, and Agricultural Land Credit. All credits require annual application through the Hyde County Assessor's office by March 1st.

Q: How does the Homestead Credit work? A: The Homestead Credit doesn't reduce your home's market value but limits annual assessment increases and may provide modest tax reduction. You must apply annually with the county assessor, and the credit applies only to your primary residence.

Q: When are properties assessed and how can I appeal? A: Properties are assessed annually as of January 1st. Assessment notices are mailed in March. You have 30 days from the notice date to appeal to the County Board of Equalization. Contact the Hyde County Assessor at (605) 852-2519.

Q: What are the penalties for late payment? A: Late payments incur penalties and interest charges starting the day after the due date. After November 1st, unpaid taxes begin the tax lien process which can eventually lead to tax deed sale.

Q: Can I pay property taxes online? A: Contact the Hyde County Treasurer's office at (605) 852-2512 to inquire about online payment options and accepted payment methods.

Q: Why did my taxes increase when my assessment stayed the same? A: Tax increases can occur even with stable assessments due to increased levy rates from the county, school district, or special districts serving your area. Each taxing entity sets its own levy rate annually.

Q: What special districts might affect my property tax rate? A: Depending on your location in Hyde County, you may be subject to additional levies from school districts, fire protection districts, library districts, or water/sewer districts. Contact the county auditor to determine which districts serve your specific address.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
Tax Doc
Tax-Rates.org — The 2024-2025 Tax Resourcemylrc.sdlegislature.gov
02
Tax Doc
Calculating the Dollars Needed to Reduce Property Taxesmylrc.sdlegislature.gov
03
Tax Doc
Property Tax | South Dakota Department of Revenuedor.sd.gov
04
Tax Doc
Tax Departmenthydecountync.gov
05
Codified Law 7 | South Dakota Legislaturesdlegislature.gov
06
Tax Doc
Tax Exempt Propertymylrc.sdlegislature.gov
07
County
County Treasurers | South Dakota Department of Revenuedor.sd.gov
08
Codified Law 28-13 | South Dakota Legislaturesdlegislature.gov
09
County
HYDE COUNTY AUDIT REPORT For the Two Years Ended ...legislativeaudit.sd.gov
10
november-2019-990-index.csvirs.gov
All sources verified as of 2025 Tax Year

See the Full Picture of Your Home Costs

Property taxes are just one piece of homeownership. HonestCasa helps you understand your total monthly cost and explore safe ways to access your home equity.

Total Monthly Cost

Mortgage + taxes + insurance + HOA

Equity Growth

Track how your equity grows over time

Safe Equity Access

Options for projects or debt payoff

Run Your ScenarioTry Calculator

Free • No credit check • 2-minute estimate