Deadline for the Elderly & Disabled Tax Freeze is April 1st.
This program prevents the homeowner’s property from increasing in value, for tax purposes. This means that as the value of the home increases, the homeowner will pay tax on the former (lower) value. Property is defined as the house, garage, and the lot upon which it sits, or one acre, whichever is less.
To qualify:
- you must be 65 year of age or older on the year you apply, or disabled as defined by the Social Security Act
- you must have been an owner of an owner-occupied dwelling and a resident of South Dakota for at least five years (a person who received the assessment freeze in 2025 but does not meet this new criteria can still qualify)
- you must have resided for at least 200 days of the previous calendar year in the single-family dwelling (the property for which you are applying)
- your federal gross income plus any income not included in that figure (this includes Social Security Payments) must be lower than:
- $56,595 for single member household (2025 income) (limit changes every year)
- $66,885 for multiple member household (2025 income) (limit changes every year)
- The full and true market value of the property must be less than $514,500 (2026 assessment value) unless the applicant has received the assessment freeze in a preceding year on that property.
Check out the Tax Assistance Programs page.
