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70,000 Dollars a Year After Taxes in South Dakota (single) [2023]?

United States federal income taxation reduces your $70,000 salary to $56,985 take-home pay in South Dakota. South Dakota raises NO income tax.

Your employer withholds $13,015 in tax on a $70000 South Dakota salary in 2023 if you work in the state of South Dakota and your tax filing status is single.

These withholdings contain US income tax and FICA taxes (Social Security and Medicare) only. Your employer will not withhold any taxes for the state of South Dakota.

Read the article to learn how much social security you’ll pay. Find out your highest federal tax bracket and your marginal tax rate. Discover your take-home pay in a weekly, bi-weekly, or monthly paycheck in South Dakota.

Estimate your South Dakota take home pay for a gross income of $70,000 by subtracting social security, medicare, federal income tax, NO state tax.
How much taxes would I pay on $70,000 in South Dakota?

Applicable to you?

The calculations in this article apply to you:

  • If you earn $70,000 annual income
  • If you pay taxes for tax year ‘2023’
  • If you are a resident of South Dakota or if you work in South Dakota
  • If you your tax filing status is ‘single’

All conditions must be met. For different parameters see below.

In most cases the taxes calculated will be an upper bound (maximum). Your personal circumstances can lower your taxes and increase your take-home pay, when you file a tax return with the IRS for 2023. See Disclaimer.

Which Income Taxes do I Pay in South Dakota?

As a tax-payer, resident of the Mount Rushmore State, you have to pay

  • Federal income tax
  • FICA taxes
    • Social security
    • Medicare
  • No state income tax
  • No county or city income tax

Federal Taxes

You already know what you owe the IRS on 70,000 dollars income [2023].

In summary, your employer withholds three types of federal taxes from your paycheck. On a $70,000 salary, you owe $7,660 in federal income tax. Additionally, the employer will withhold $4,340.00 for social security and $1,015.00 for medicare.

We calculate the taxes here as annual amounts. Your employer will withhold the part applicable to each paycheck (monthly, semi-monthly, or bi-weekly).

South Dakota Income Tax

The state of South Dakota does not collect taxes on personal income.

Furthermore, no county or city in South Dakota collects taxes on personal income.

As a resident of South Dakota, you have to pay $0 (zero) in state taxes per year. This is calculated independent of your filing status. The information is up to date as of the year 2023.

SD Taxation Summary

With an income of $70,000 a year, you pay $7,660 in federal income tax and $5,355.00 in federally mandated insurance (FICA tax).

There are no further state income taxes withheld from your paycheck.

Tax Rate on Extra Income (Marginal Tax Rate)

Who doesn’t strive for extra income, such as overtime pay or a performance bonus? Most income tax rates rise with the income. Thus, you want to know which rate you are going to pay on additional income.

The federal tax rates rises with increasing income. Your federal marginal rate is 29.65%. This includes the FICA taxes Social Security and Medicare tax.

Example for Marginal Tax Rate

For example, an annual bonus of 1,000 dollars will increase your tax bill in South Dakota by $296.50. Your Federal marginal rate is 29.65%. You owe the Internal Revenue Service (IRS) $296.50 on that bonus.

Of that 1,000 dollars bonus, you will see only $703.50 in your paycheck. The government taxes you on that last 1,000 dollars at a rate of 29.65%.

Your Average Tax Rate

While the marginal tax rates look scary, your average tax rates are less so.

On an income of $70,000, you pay an average tax rate of 18.59%.

We base the average tax rate on the gross income without standard deductions.

South Dakota Tax Structure

South Dakota does not tax personal income. The Mount Rushmore State does not tax business income either.

Other Taxes in South Dakota

No Local Income Tax

Besides the state not collecting income tax, none of the counties and jurisdictions taxes personal income.

Sales Tax State-Wide and Local Components

South Dakota collects 6.0% in state sales tax. Most local jurisdictions add district sales taxes that increase the tax paid by a buyer. There are different rates for a few items:

  • Retail sales of new mobile homes – 3%
  • Amusement machine receipts – 4%
  • Rental, lease, or license of commercial real property – 5.5%
  • Electricity – 6.95%

The state allows a max of 2% local sales tax in addition to the state sales tax. On average the localities do add 1.01% for a combined average rate of 7.01% sales tax.

You owe “use tax” when you buy goods and services outside of South Dakota and bring them into the state. The rate is the state wide 6.00% or what ever your local jurisdiction applies.

Property Tax

Property taxes in South Dakota are charged by the county, the property is located in. The tax is calculated annually from the assessed value of the property times the local tax rate. The average property tax rate in South Dakota is 0.83%, which is below the national average (1.07%).

Budgeting with a $70,000 salary

Governments determine taxes on a yearly basis. However, you pay rent, utility bills, and car payments every month. Furthermore, your employer pays you monthly, semi-monthly, or bi-weekly. In the following sections, we estimate the monthly, bi-weekly, and weekly amounts of your paycheck.

Budgeting for a Monthly Paycheck

Budgeting with a $70K annual gross salary requires breaking it down to monthly amounts.

Your employer will pay you one-twelfth of your annual salary each month. Yet, your employer will withhold the necessary taxes. The employer sends the taxes directly to the IRS.

Monthly withholdings on a $70,000 salary:

Monthly Gross Income$5,833
Social Security– $361.67
Medicare– $84.58
Federal Income Tax– $638.35
Monthly Take-Home Pay$4,460
Monthly withholding on a 70K salary and monthly take-home pay

Given you file taxes as a single, your monthly salary of $5,833 will result in take-home pay of $4,460.

Bi-Weekly Take-Home Pay

If your employer pays you every fortnight, there will be 26 paychecks in a year.

Here is an estimate of bi-weekly withholdings from your paycheck

Bi-weekly Gross Income$2,692.31
Social Security– $166.92
Medicare– $39.04
Federal Income Tax– $294.62
Bi-weekly Take-Home Pay$2,058.61
Bi-weekly withholding on a 70K salary and bi-weekly take-home pay

With a tax filing status of “single”, you can expect a net paycheck of $2,058.61 every fortnight.

Budgeting with bi-weekly income and monthly expenses has its own challenges 🔗. The simplest method is to assume you earn two paychecks a month and one extra paycheck. Best to apply the extra paycheck to savings.

Tax Withholdings with Weekly Payments

Some employers pay you weekly. This is very unusual for salaried employees and rare for wage earners.

This is the weekly breakdown of pay and withholdings

Weekly Gross Income$1,346.15
Social Security– $83.46
Medicare– $19.52
Federal Income Tax– $147.31
Weekly Take-Home Pay$1,029.30
Weekly withholding on a 70K salary and weekly take-home pay

Your weekly paycheck will amount to $1,029.30 if you earn $70K a year and are filing taxes as a single.

What is my Net Hourly Rate and Why do I Care?

Your net hourly rate is the amount of money you can effectively spend when you work one hour.

From your net hourly rate you can calculate the value of an expense in the hours (or minutes) you need to work for it. This makes it easier to be frugal with day-to-day expenses.🔗

Calculating the hourly rate from your net income, after taxes, is important because you can not avoid paying taxes.

With a $70,000 salary and taxes paid in South Dakota your net hourly rate is $25.73.

Is $70,000 a Good Salary in South Dakota?

An income of 70 thousand dollars annually or $5,833 monthly is 226.63% of a living wage in South Dakota. This is a good income for a single person with no children.

We compare the income against a South Dakota-wide average for the living wage. The living wage in different metro areas and counties can differ widely from this average.

Key Takeaways

Being a resident of South Dakota is great tax wise. You pay no income tax on your earned wages or salary.

From a salary of 70,000 dollars, you will keep $56,985 a year or $4,512.82 a month. This is a good income in South Dakota for a single without children or dependents.

However, you want to look at income levels and other expenses before deciding to find a job in Florida.

More income = more taxes?

How much taxes do you owe on $71,000 income? That is just a $1,000 increase over the calculations in this article.

If you make a bigger jump you want to estimate “How much taxes do I pay on 80,000 dollars in South Dakota.”


This article is not tax advice, nor should be taken as such. All calculations are estimates and for budgeting purposes only. The content of this article is only for learning and entertainment. The article does not replace professional tax advice.

In general, you have to consider your personal circumstances. Your taxable income may be reduced by exclusions, dependents, deductions, or other types of income. These and many other factors will influence the taxes you pay. To prepare your tax return you should consult with a tax professional. A CPA or other tax professional can give you individual advice on how to save on taxes.

We considered in this article only individual income tax. That means, we did not include information on capital gains taxes, taxes on business income, or self-employment taxes.

We used data for the tax year 2023 for our calculations.


We used the following references for our estimates:

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