Ardoch, North Dakota Property Taxes
The median property tax rate in Ardoch, North Dakota is 1.23%, 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 Ardoch at $196,450, the typical annual property tax bill is $2,337, which is below the national median of $2,690. Property taxes in Ardoch are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Ardoch'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 Ardoch or another part of Grand Forks County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ardoch, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,416
Ownwell’s Ardoch Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ardoch with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ardoch 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 Ardoch, North Dakota
Property taxes in Ardoch, 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 Ardoch is 1.23%, significantly higher than both the North Dakota state median and the U.S. national median of 0.99%. Local government entities within Ardoch set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ardoch 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 Ardoch's effective property tax rate to other counties in North Dakota and the national median. For comparison, the zip code 58261 has the highest median property tax rate of 1.23%, while the same zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Ardoch provides valuable insights into the varying tax landscape across Grand Forks County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ardoch Tax Rate
1.23%
Average Grand Forks County Tax Rate
1.49%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ardoch, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58261 | 1.05% | 1.16% | 1.23% | 1.29% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Ardoch, North Dakota
In Ardoch, 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 Grand Forks 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 Ardoch, 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 Ardoch helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,337, found in the 58261 zip code.
Average Ardoch Assessed Value
$196,450
Average Grand Forks County Assessed Value
$201,100
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ardoch, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58261 | $181,170 | $186,975 | $196,450 | $205,800 | $211,380 |
Source: Ownwell
Property Tax Bills Across Ardoch, North Dakota
Property tax bills in Ardoch, located in Grand Forks County, ND, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and is a percentage of the property's market value. Homeowners in Ardoch experience property tax bills that vary significantly. For instance, the tax bill at the 25th percentile is around $2,152, while at the 75th percentile, it reaches approximately $2,563. The 90th percentile sees tax bills as high as $2,667. These property tax bills are influenced by several factors, including property size, location, and market conditions. Compared to the national median property tax rate of 0.99%, Ardoch's property tax rates reflect the local economic environment and municipal budget needs. For homeowners, these taxes fund essential services such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Understanding how these bills are calculated helps homeowners anticipate their financial obligations and plan accordingly.
Average Ardoch Tax Bill
$2,337
Average Grand Forks County Tax Bill
$2,953
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Ardoch, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58261 | $2,122 | $2,152 | $2,337 | $2,563 | $2,667 |
Source: Ownwell