Langdon, North Dakota Property Taxes
The median property tax rate in Langdon, ND is 1.58%, considerably higher than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Langdon at $99,300, the typical annual property tax bill reaches $1,336, exceeding the national median of $2,690. Property taxes in Langdon are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Langdon'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 Langdon or another part of Cavalier County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Langdon, 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 Langdon Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Langdon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Langdon 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 Langdon, North Dakota
Property taxes in Langdon, North Dakota, are crucial for supporting essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Langdon is 1.58%, significantly higher than the U.S. national median of 0.99%. Local government entities within Langdon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Langdon 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 Langdon's effective property tax rate to other areas in Cavalier County and the national median. For comparison, the zip code 58249 has both the highest and lowest median property tax rate of 1.58%. Understanding how these figures compare with Langdon provides valuable insights into the varying tax landscape across Cavalier County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Langdon Tax Rate
1.58%
Average Cavalier County Tax Rate
0.99%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Langdon, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58249 | 0.91% | 0.97% | 1.58% | 1.58% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Langdon, North Dakota
In Langdon, 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 Cavalier 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 Langdon, 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 Langdon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Langdon is $99,300, with tax bills ranging from $632 at the 25th percentile to $2,410 at the 90th percentile. The highest and lowest median tax bills are both $1,336 in the 58249 zip code.
Average Langdon Assessed Value
$99,300
Average Cavalier County Assessed Value
$90,150
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Langdon, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58249 | $19,560 | $58,650 | $99,300 | $147,600 | $206,020 |
Source: Ownwell
Property Tax Bills Across Langdon, North Dakota
Property tax bills in Langdon, Cavalier County, ND, are calculated based on the assessed value of a property, which is derived from its market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For homeowners in Langdon, the median home price is $99,300. The property tax rate in this area can lead to varying tax bills, with the 25th percentile at $632 and the 75th percentile at $1,936. At the 90th percentile, homeowners might pay up to $2,410. The highest median tax bill in the region is $1,336, which is significantly higher than the national median property tax rate of 0.99%. Understanding these factors is crucial for homeowners as property taxes can impact their overall financial planning and home affordability. Accurate assessments and fair tax rates ensure that homeowners contribute their fair share while maintaining equity in the taxation system.
Average Langdon Tax Bill
$1,336
Average Cavalier County Tax Bill
$1,068
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Langdon, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58249 | $309 | $632 | $1,336 | $1,936 | $2,410 |
Source: Ownwell