PREVIEW: The high price of fast growth

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LINCOLN COUNTY, S.D. (KELO) — Lincoln County is one of fastest growing counties — not only in South Dakota, but nationwide. 

That rapid growth is leading to some growing pains. Over the years, the assessed value of homes in Lincoln County didn’t climb the way the housing market did.

As the county takes steps to rectify that, some homeowners are experiencing sticker shock. 

“Most people in our neighborhood. I saw myself 60 percent. I know Craig I know you saw 70 percent. Ron, your’s went up almost 80 percent, almost double? 90,” Lincoln County homeowner Rich Siegmann said.

“12 percent was an average for Lincoln County. But we had very unique areas that saw a much larger increase. Some of those areas had been untouched by anybody for more than a decade,” Lincoln County Director of Equalization Karla Goossen said. 

But that’s not always the case.  

Wednesday in a KELOLAND News Investigation, we’re breaking down the numbers and investigating the reason behind the dramatic increase. 

That’s Wednesday at 10 on Eye On KELOLAND. 

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