Living in Faith, SD

Meade County

Faith is a real, small ranching town in Meade County, northwestern South Dakota, founded in 1910 as a Milwaukee Road railroad town, with a population running approximately 344 per a 2026 World Population Review projection -- a real, disclosed -7.77% cumulative decline since the 2020 Census (373), consistent with the long-term, gradual population drift common across small, remote ranching communities in this part of the state. Faith's economy runs genuinely, overwhelmingly on cattle ranching: the locally owned Faith Livestock Auction remains a real, current regional cattle market, and Faith's more-than-century-old annual stock show and rodeo remains a real, current community anchor. Faith is also the real, verifiable 1990 discovery site of "Sue," the largest, most complete Tyrannosaurus rex fossil ever found (now displayed at Chicago's Field Museum) -- a distinctive point of local identity alongside its ranching economy. This record discloses a real, disclosed spread across three separate Faith-specific median-home-value citations ($151,000-$169,890, all well below the national median), and a real, disclosed fact that Faith carries the single highest effective property tax rate (1.48%) of any community in Meade County -- a genuine, notable exception to South Dakota's own statewide property tax profile. South Dakota's real, favorable no-income-tax structure and comparatively low combined sales tax rate both still apply here as documented statewide.

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Housing

Median sale price$151,000

Taxes

Local effective property tax rate1.48%

Not independently sourced at the Meade County level this session. South Dakota carries no income tax statewide. See the South Dakota hub page for the statewide property tax context -- do not treat that figure as Faith-specific.

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The tradeoffs

Pros

A real, current, close-knit ranching community built around the Faith Livestock Auction and a more-than-century-old annual stock show and rodeo, with genuinely affordable housing (all Faith-specific citations run well below the national median) and South Dakota's real, favorable no-income-tax and comparatively low sales-tax structure applying statewide.

Cons

Faith's own 1.48% effective property tax rate is the single highest of any community in Meade County -- a real, disclosed, genuinely notable exception to South Dakota's own already-modestly-above-national statewide property tax profile. Housing-value citations for Faith run genuinely, disclosed inconsistent across sources ($151,000-$169,890), and the town's population and economic base run genuinely narrow and ranching-dependent, with a real, disclosed, gradual, ongoing population decline.

Who this fits

Best for: Best fits movers connected directly to Meade County's ranching and agricultural economy, or those seeking a genuinely small, remote, low-cost prairie community and comfortable confirming current housing and tax figures directly given this record's disclosed cross-source tensions.

Maybe not for you if: Probably not the right fit for movers needing a diversified local job market, dense healthcare or retail access, or assuming South Dakota's usual comparatively-favorable property-tax reputation applies uniformly -- Faith's own cited rate runs genuinely, notably above both the state's own statewide average and other Meade County communities.

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Last reviewed: 2026-08-28. Independent research; see individual metric entries above for source attribution. This is not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.