Divide County Property Taxes
The median property tax rate in Divide County is 1.04%, which is slightly higher than the national median of 0.99% but lower than the North Dakota state median of 1.30%. With a median home value of $81,050, the typical annual property tax bill in Divide County is approximately $884, significantly below the national median of $2,690. Property taxes in Divide County are based on the tax assessed value, which is often lower than the actual market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Divide County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in a city within Divide County or a more rural area, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Divide County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$843
Ownwell’s Divide County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Divide County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Divide County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Divide County, North Dakota
Property taxes in Divide County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Divide County is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Divide County set these rates annually, and they can vary significantly between different areas within the county. Each year, Divide County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Divide County's effective property tax rate with other regions and the national median. For comparison, the city of Noonan has one of the higher property tax rates in the region at 1.09%, while the city of Fortuna boasts one of the lowest at 0.98%. Analyzing how Divide County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Divide County Tax Rate
1.04%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Divide County, North Dakota
In Divide County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Divide County Appraisal District. The assessed value, however, 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. Assessment notices in Divide County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Alamo has the highest median tax bill at $1,605, while Fortuna has the lowest at $340. Being aware of these valuation processes in Divide County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Divide County, North Dakota
Source: Ownwell
$34,800
$93,925
$153,050
Average Divide County Assessed Value
$81,050
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Divide County, North Dakota
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alamo | $151,090 | $151,825 | $153,050 | $154,275 | $155,010 |
Ambrose | $146,600 | $146,600 | $146,600 | $146,600 | $146,600 |
Crosby | $37,660 | $56,150 | $104,800 | $135,350 | $163,080 |
Fortuna | $34,800 | $34,800 | $34,800 | $34,800 | $34,800 |
Noonan | $34,700 | $34,925 | $46,950 | $55,025 | $72,680 |
Source: Ownwell
Property Tax Bills Across Divide County, North Dakota
Property tax bills in Divide County, ND, are determined by assessing the market value of a property and applying the local tax rate to that value. The median home price in Divide County is $81,050, and homeowners can expect their property tax bills to vary based on the assessed value of their homes and the applicable tax rate. For instance, the 25th percentile tax bill is around $459, while the 75th percentile tax bill reaches $1,276. At the 90th percentile, homeowners might see tax bills as high as $1,692. Factors influencing these tax bills include the property's assessed value and any applicable exemptions or abatements. Compared to the national median property tax rate of 0.99%, Divide County offers a range of tax bills, with the highest median tax bill in Alamo at $1,605 and the lowest in Fortuna at $340. These variations affect homeowners by impacting their annual financial obligations, making it crucial to understand how local property assessments and tax rates apply to individual properties.
Average Divide County Tax Bill
$884
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690