Strasburg, North Dakota Property Taxes
The median property tax rate in Strasburg, ND is 1.37%, 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 Strasburg, the typical annual property tax bill reaches $335, which is significantly lower than the national median of $2,690. Property taxes in Strasburg 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 Strasburg'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 Strasburg 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
Strasburg, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$334
Ownwell’s Strasburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Strasburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Strasburg 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 Strasburg, North Dakota
Property taxes in Strasburg, North Dakota, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Strasburg is 1.37%, significantly higher than the U.S. national median of 0.99%. Local government entities within Strasburg set these rates annually, and they can vary across different neighborhoods. Each year, Strasburg 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 Strasburg's effective property tax rate to other areas in North Dakota and the national median. For comparison, the zip code 58573 has both the highest and lowest median property tax rate of 1.37%. Understanding how these areas compare with Strasburg provides valuable insights into the varying tax landscape across Emmons County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Strasburg Tax Rate
1.37%
Average Emmons County Tax Rate
0.94%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Strasburg, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58573 | 0.99% | 1.09% | 1.37% | 1.37% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Strasburg, North Dakota
In Strasburg, 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 Emmons County Assessor 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 Strasburg, 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. The median home price in Strasburg is $24,400, with tax bills ranging from $216 at the 25th percentile to $1,012 at the 90th percentile. The highest and lowest median tax bills are both found in zip code 58573, amounting to $335. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Strasburg Assessed Value
$24,400
Average Emmons County Assessed Value
$50,750
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Strasburg, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58573 | $11,300 | $15,750 | $24,400 | $67,850 | $102,300 |
Source: Ownwell
Property Tax Bills Across Strasburg, North Dakota
In Strasburg, ND, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects a percentage of the market value of the property. For homeowners in Strasburg, the median home price is $24,400. Property tax rates are applied to this assessed value to determine the annual tax bill. Homeowners in Strasburg can expect a property tax bill ranging from $216 at the 25th percentile to $701 at the 75th percentile, with the 90th percentile reaching up to $1,012. The highest and lowest median tax bills in Strasburg's zip code 58573 are both $335, indicating consistency in the tax assessments within this area. These property taxes directly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Strasburg's property tax rates provide a relatively affordable option for homeowners, reflecting the lower median home prices in the area.
Average Strasburg Tax Bill
$335
Average Emmons County Tax Bill
$487
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Strasburg, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58573 | $155 | $216 | $335 | $701 | $1,012 |
Source: Ownwell