Rapid Valley property tax, in one number.
The typical Rapid Valley homeowner pays $2,612 a year on a $255,500 home. That's below the Pennington County rate (1.08%) and above the U.S. rate (0.94%).
Estimate my taxRapid Valley at a glance
Rapid Valley is an unincorporated community (a Census-designated place) in Pennington County. Five numbers that shape a typical property tax bill here.
Property tax calculator
Enter a home value to see a typical yearly bill at Rapid Valley's average effective rate, or pick another area.
- Owners without a mortgage pay more.Homes owned outright paid a median $2,893, versus $2,530 for homes with a mortgage.
- Share of income.The median bill equals about 3.1% of the median household income of $83,208.
The data, charted
Effective rate compared
Owners vs renters
Cities in Pennington County
Rapid Valley compared
| Area | Median tax | Home value | Rate |
|---|---|---|---|
| Rapid Valley | $2,612 | $255,500 | 1.02% |
| Pennington County | $3,265 | $302,200 | 1.08% |
| South Dakota | $2,724 | $257,400 | 1.06% |
| United States | $3,119 | $332,700 | 0.94% |
Other cities in Pennington County
Effective property tax rates nearby.
Nearby
- Pennington County1.08% · $3,265
- Box Elder1.33% · $4,019
- Rapid City1.09% · $3,251
- Meade County1.01% · $3,129
- Haakon County0.91% · $1,489
- Lawrence County0.79% · $2,744
- Custer County0.77% · $2,879
- Weston County0.68% · $1,510
- Jackson County0.65% · $760
Good to know
What is the property tax rate in Rapid Valley?
The effective rate is about 1.02%. The median homeowner pays $2,612 a year on a home worth a median $255,500 (ACS 2020–2024). The legal tax rates set by each taxing unit are different numbers; the effective rate is what owners actually pay as a share of value.
How much is property tax on a $250,000 home in Rapid Valley?
About $2,550 a year, or roughly $212 a month, at Rapid Valley's average effective rate of 1.02%. Homestead, senior, veteran or other exemptions can lower the real bill, and a recent purchase or reassessment can raise it.
Why is my bill different from this estimate?
Your bill depends on your home's assessed value from the county assessor, the exact taxing units where you live (county, city, school district, special districts) and any exemptions you get. These figures are medians across all owner-occupied homes, not a bill for any address.
How current is this data?
It comes from the U.S. Census Bureau's American Community Survey 5-year estimates for 2020–2024, the latest release. Homeowners report the taxes they paid, so the numbers lag current bills by one to two years. We update the site when the Census Bureau publishes new estimates each December.
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