Calculate Your Take-Home Pay in Elk Point, South Dakota

Use this calculator to estimate your net salary in Elk Point, South Dakota for 2024, 2025, or 2026. South Dakota has no state income tax, so you only pay federal taxes and FICA. Elk Point does not levy a local income tax. On a $75,000 salary (Single, 2025), your estimated take-home pay is $61,314/year.

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No local income tax for Elk Point

Annual Net Pay
$61,314
$5,109.46 / month
Total Tax
$13,687
Effective rate: 18.2%
Monthly Take-Home
$5,109.46
$2,358.21 bi-weekly
Weekly Take-Home
$1,179.11
$1,442.31 gross

Tax Breakdown — Elk Point, SD (2025)

Federal 10.6%
FICA 7.6%
Net Pay 81.8%
Federal Income Tax$7,949
South Dakota State Tax$0
Social Security$4,650
Medicare$1,088
Net Annual Pay$61,314

Frequently Asked Questions

What is the income tax rate in Elk Point, South Dakota?

South Dakota does not levy a state income tax. Residents pay only federal income tax and FICA (Social Security and Medicare).

How much is $75,000 after taxes in Elk Point, South Dakota?

On a $75,000 annual salary filing as Single in 2025, your estimated take-home pay in Elk Point, South Dakota is approximately $61,314 per year, or $5,109 per month. Your effective tax rate would be about 18.2%.

Does Elk Point have a local income tax?

No, Elk Point does not have a local income tax. Residents pay federal and South Dakota state taxes, plus FICA contributions.