Wing, North Dakota Property Taxes
The median property tax rate in Wing, ND is 1.05%, slightly higher than the national median of 0.99% but lower than the North Dakota state median of 1.30%. With the median home value in Wing at $51,400, the typical annual property tax bill is $533, which is well below the national median of $2,690. Property taxes in Wing are calculated based on the assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Wing's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Wing or another part of Burleigh County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wing, North Dakota Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$2,600
Ownwell’s WING Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WING with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WING to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Wing, North Dakota
Property taxes in Wing, North Dakota, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wing is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within Wing set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wing estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Wing's effective property tax rate to other areas in Burleigh County and the national median. For comparison, the zip code 58494 has both the highest and lowest median property tax rate of 1.05%. Understanding how these areas compare with Wing provides valuable insights into the varying tax landscape across Burleigh County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wing Tax Rate
1.05%
Average Burleigh County Tax Rate
1.14%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wing, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58494 | 0.71% | 1.01% | 1.05% | 1.05% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Wing, North Dakota
In Wing, North Dakota, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Burleigh County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Wing, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Wing helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 58494 has the highest and lowest median tax bill, both at $533.
Average Wing Assessed Value
$51,400
Average Burleigh County Assessed Value
$262,900
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wing, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58494 | $7,240 | $27,800 | $51,400 | $73,500 | $97,120 |
Source: Ownwell
Property Tax Bills Across Wing, North Dakota
Property tax bills in Wing, Burleigh County, ND, are calculated based on the assessed value of a property, which is determined by local assessors. The assessed value is a percentage of the property's market value. In Wing, the median home price stands at $51,400. Homeowners in this region can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is approximately $303, while the 75th percentile reaches around $683. At the 90th percentile, homeowners might see tax bills as high as $983. Compared to the national median property tax rate of 0.99%, Wing's property tax rate can be considered relatively moderate. These taxes directly impact homeowners' annual expenses, influencing their overall cost of living. Understanding these factors is crucial for homeowners to budget effectively and anticipate their financial obligations. The highest and lowest median tax bills in Wing are both $533, indicating a consistent tax rate across different properties in the area.
Average Wing Tax Bill
$533
Average Burleigh County Tax Bill
$2,929
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Wing, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58494 | $74 | $303 | $533 | $683 | $983 |
Source: Ownwell