Maine vs South Dakota
South Dakota
Property‑Tax Comparison: Maine vs. South Dakota
Both Maine and South Dakota levy property taxes that are close to the national median. According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), the two states have very similar effective property‑tax rates, median home values, and median household incomes. The table below places the key metrics side by side for easy reference.
Side‑by‑Side Metrics
| Metric | Maine | South Dakota |
|---|---|---|
| Effective property‑tax rate | 1.10 % | 1.09 % |
| Median home value | $266,400 | $236,800 |
| Median annual property tax | $2,926 | $2,590 |
| Tax on a $250,000 home | $2,746 | $2,735 |
| Tax on a $500,000 home | $5,492 | $5,469 |
| Median household income | $71,773 | $72,421 |
| Reference links | Maine property tax | South Dakota property tax |
Which State “Wins” on Property Tax
Based on the lower effective property‑tax rate, South Dakota is the winner in this comparison.
- Tax‑rate difference: 0.00 % (0.41 % relative difference) – South Dakota’s rate of 1.09 % is marginally lower than Maine’s 1.10 %.
- Annual tax on a $250k home: South Dakota’s tax is $11 lower ($2,735 vs. $2,746).
- Annual tax on a $500k home: South Dakota’s tax is $23 lower ($5,469 vs. $5,492).
The differences are small in absolute dollars, but South Dakota consistently posts the slightly lower figure across the listed scenarios.
Who Might Find This Comparison Most Relevant
| Audience | Why the data matters |
|---|---|
| Current homeowners | Understanding how a change of residence could affect yearly property‑tax expenses. |
| Prospective home buyers | Estimating ongoing costs when budgeting for a purchase in either state. |
| Retirees | Property taxes are a fixed expense that can impact retirement budgets; a lower rate may be advantageous. |
| Real‑estate investors | Small differences in tax liability can affect cash‑flow calculations for rental properties. |
| Policy analysts | The near‑identical rates provide a benchmark for assessing state‑level tax policies. |
All figures are drawn from the same source, ensuring a consistent basis for comparison.
Sources
According to U.S. Census Bureau data (2023 American Community Survey 5‑year estimates), the metrics above reflect the most recent available estimates for both states.
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Discover how property taxes compare across all states in our comprehensive comparison guide.
Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.