Tax Burden in ZIP Code 57069

Vermillion, SDClay County

At the median income of $42,000, the estimated total tax burden in ZIP 57069 is $10,383 (24.7% effective rate), including federal income tax, FICA, and property tax.

Federal Tax (est.)

$4,200

FICA

$3,213

Property Tax

$2,970

Total Tax Burden

$10,383

24.7% effective

Tax Details for ZIP 57069

ZIP code 57069 is located in Clay County, SD, within the Vermillion MSA metropolitan area. The area has a cost of living index of 85 (100 = national average), making it more affordable than the national average.

The effective property tax rate is 1.32%. On the median home price of $225,000, this equals $2,970 per year ($248/month).

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