Ellendale, North Dakota Property Taxes
The median property tax rate in Ellendale, ND is 1.65%, 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 Ellendale, the typical annual property tax bill reaches $834, which is lower than the national median of $2,690. Property taxes in Ellendale 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 Ellendale'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 Ellendale or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ellendale, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.65%
Estimate Property Tax Bill
$884
Ownwell’s Ellendale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ellendale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ellendale 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 Ellendale, North Dakota
Property taxes in Ellendale, 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 Ellendale is 1.65%, significantly higher than both the North Dakota state median and the U.S. national median of 0.99%. Local government entities within Ellendale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ellendale 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 Ellendale's effective property tax rate to other areas in North Dakota and the national median. For comparison, the zip code 58436 has the highest median property tax rate of 1.65%, while the same zip code also has the lowest median tax rate of 1.65%. Understanding how these areas compare with Ellendale provides valuable insights into the varying tax landscape across Dickey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ellendale Tax Rate
1.65%
Average Dickey County Tax Rate
1.30%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ellendale, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58436 | 0.92% | 0.92% | 1.65% | 1.65% | 1.65% |
Source: Ownwell
Property Tax Assessment Values Across Ellendale, North Dakota
In Ellendale, 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 Dickey 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 Ellendale, 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 Ellendale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Ellendale is $53,600, with tax bills ranging from $258 at the 25th percentile to $1,503 at the 90th percentile. The highest and lowest median tax bills are both $834, in the zip code 58436.
Average Ellendale Assessed Value
$53,600
Average Dickey County Assessed Value
$49,700
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ellendale, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58436 | $11,350 | $29,300 | $53,600 | $101,725 | $126,960 |
Source: Ownwell
Property Tax Bills Across Ellendale, North Dakota
In Ellendale, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $53,600, the tax bills can vary significantly. At the 25th percentile, homeowners might pay around $258, while those at the 75th percentile could see bills as high as $1,027. The highest median tax bill recorded in the area is $834, which is notably lower than the national median property tax rate of 0.99%. Various factors influence these bills, including changes in market value, local government budgets, and specific property characteristics. For homeowners, understanding these factors is crucial as they directly impact annual financial obligations and the overall affordability of owning property in Ellendale.
Average Ellendale Tax Bill
$834
Average Dickey County Tax Bill
$656
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Ellendale, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58436 | $187 | $258 | $834 | $1,027 | $1,503 |
Source: Ownwell