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Updated 2025 Tax Year

Moody County
Property Tax Guide

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

10 Official Sources
8 min read
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Quick Facts
Tax Rate
0.50% of assessed value (varies by taxing district within county)
Exemptions
4+ Available
Section 1

How Property Tax Works

Moody County, South Dakota operates under the state's property tax system, which serves as the primary funding mechanism for essential local services including schools, roads, emergency services, and county operations. Property taxes in Moody County are calculated based on assessed values determined by the County Assessor, with the most recent available tax rate at 0.50% of assessed value, though rates for the 2025 levy year are pending confirmation from the South Dakota Department of Revenue.

Property tax rates in Moody County vary by location within the county due to special taxing districts, including school districts, municipality boundaries, and special assessment districts for infrastructure improvements. Property owners should expect their effective tax rate to differ based on their specific location and the combination of taxing entities that serve their property. The county reassesses properties periodically, and South Dakota does not impose a statewide assessment cap, allowing assessed values to fluctuate with market conditions.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County GeneralVariesBasic county services and operations
School DistrictsVariesLocal school district funding
MunicipalityVariesCity/town services (if applicable)
Special DistrictsVariesFire districts, water districts, other special assessments
Total Effective Rate~0.50%*Combined rate for most properties

*Rate applies to assessed value, not market value. Rates shown are the most recent available data and may not reflect the current 2025 levy year. Special taxing districts create rate variations throughout the county - contact the Moody County Assessor for location-specific rates and current levy year information.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Moody 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 taxes in South Dakota are triggered by changes in property ownership, new construction, or improvements that increase a property's assessed value during the tax year. When these events occur, the County Assessor recalculates the property's assessment, and additional taxes may be levied to account for the increased value for the remaining portion of the tax year.

For example, if a property owner completes a $50,000 home addition in July, the increased assessed value would be subject to taxation for the remaining months of that tax year. The supplemental tax would be calculated by applying the current tax rate to the additional assessed value, prorated for the time remaining in the tax year. Property owners typically receive a separate supplemental tax bill for these additional assessments.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value: $300,000 (100% in SD)
  • Less: Homestead Credit (if applicable): $0-$4,000*
  • Net Taxable Value: ~$296,000-$300,000
  • Annual Tax (0.50% rate): $1,480-$1,500
  • Monthly Escrow: $123-$125

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value: $600,000
  • Less: Available Tax Credits: Varies*
  • Net Taxable Value: ~$596,000-$600,000
  • Annual Tax (0.50% rate): $2,980-$3,000
  • Monthly Escrow: $248-$250

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value: $1,000,000
  • Less: Available Tax Credits: Varies*
  • Net Taxable Value: ~$996,000-$1,000,000
  • Annual Tax (0.50% rate): $4,980-$5,000
  • Monthly Escrow: $415-$417

*Tax credits require application and eligibility verification. Contact the Moody County Assessor for specific credit amounts and application requirements.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Moody County require property tax escrow accounts, collecting monthly payments along with principal and interest to cover annual property tax obligations. Lenders typically collect 1/12th of the estimated annual property tax bill each month and pay taxes directly to the Moody County Treasurer on the established due dates.

Property owners should verify their escrow account balances annually when tax bills are issued, as changes in assessed values or tax rates may require escrow adjustments. If your property taxes increase significantly, lenders may require additional escrow payments or increase monthly collections. Conversely, if taxes decrease, you may be entitled to an escrow refund. Property owners without mortgages are responsible for making direct payments to the County Treasurer by the established due dates of April 15 and October 15.

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 property taxes due in Moody County? A: Property taxes are typically due April 15 and October 15 each year. Contact the Moody County Treasurer's office to confirm current fiscal year deadlines, as dates may vary slightly.

Q: What tax credits are available and how do I apply? A: South Dakota offers various tax credits including homestead credits for qualifying property owners. These credits reduce your tax bill and require application through the County Assessor's office. Applications must be filed by specific deadlines - contact the assessor for current programs and deadlines.

Q: How does the homestead credit work? A: The homestead credit can limit annual assessment increases and reduce tax liability for qualifying owner-occupied homes. This is not automatic - you must file an application with the County Assessor's office and meet eligibility requirements.

Q: How often are properties reassessed in Moody County? A: Property assessments are conducted periodically by the County Assessor. If you disagree with your assessment, you can appeal during the designated appeal period by contacting the County Assessor's office.

Q: What happens if I pay my taxes late? A: Late payments incur penalties and interest charges. Contact the Moody County Treasurer immediately if you cannot make payment by the due date to discuss options.

Q: Can I pay my property taxes online? A: Check with the Moody County Treasurer's office for current online payment options and accepted payment methods.

Q: Why do tax rates vary within the county? A: Different areas of Moody County are served by different combinations of school districts, fire districts, and other special taxing entities, creating location-specific tax rates.

Q: How do special district taxes work? A: Special districts for services like fire protection, water, or infrastructure improvements may levy additional taxes on properties within their boundaries. These appear as separate line items on your tax bill and vary by location within the county.

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
County
County Treasurers | South Dakota Department of Revenuedor.sd.gov
05
DRAINAGE ORDINANCEbrookingscountysd.gov
06
Tax Doc
Tax Exempt Propertymylrc.sdlegislature.gov
07
Codified Law 28-13 | South Dakota Legislaturesdlegislature.gov
08
Tax Doc
Revenue Categories Property Tax Other Local Taxessandiego.gov
09
Codified Law 7 | South Dakota Legislaturesdlegislature.gov
10
_________________________...ujs.sd.gov
All sources verified as of 2025 Tax Year

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