Carson, North Dakota Property Taxes
The median property tax rate in Carson, ND is 0.68%, significantly lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With a median home value of $52,650 in Carson, the typical annual property tax bill is $240, well below the national median of $2,690. Property taxes in Carson are calculated based on the assessed value, which often falls below market value due to exemptions such as those for primary residences and agricultural properties. Understanding Carson's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Carson or elsewhere in the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Carson, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.68%
Estimate Property Tax Bill
$358
Ownwell’s Carson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carson 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 Carson, North Dakota
Property taxes in Carson, North Dakota, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carson is 0.68%, which is lower than the U.S. national median of 0.99%. Local government entities within Carson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carson 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 Carson's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58529 zip code has both the highest and lowest median property tax rate of 0.68%. Understanding how these cities compare with Carson provides valuable insights into the varying tax landscape across Grant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carson Tax Rate
0.68%
Average Grant County Tax Rate
0.99%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carson, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58529 | 0.31% | 0.38% | 0.68% | 0.99% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Carson, North Dakota
In Carson, 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 Grant 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. 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 Carson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Carson's median home price is $52,650, with tax bills ranging from $206 at the 25th percentile to $554 at the 90th percentile. The highest and lowest median tax bill is $240 in zip code 58529.
Average Carson Assessed Value
$52,650
Average Grant County Assessed Value
$49,750
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carson, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58529 | $30,210 | $37,575 | $52,650 | $71,400 | $106,560 |
Source: Ownwell
Property Tax Bills Across Carson, North Dakota
In Carson, located in Grant County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the market value, reflecting what the property might sell for under normal conditions. Various factors influence this assessed value, including the property's size, location, and condition. Once the assessed value is established, the local tax rate is applied to it. Carson's property tax rate is notably lower than the national median of 0.99%. For instance, homeowners in Carson experience a median property tax bill of $240, significantly lower than many other regions. This calculation method ensures that homeowners pay their fair share relative to their property's value. For example, a home in Carson with a median home price of $52,650 would incur a tax bill around the median of $240. The tax bill can range from $206 at the 25th percentile to $554 at the 90th percentile, affecting homeowners differently based on their property's assessed value.
Average Carson Tax Bill
$240
Average Grant County Tax Bill
$445
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Carson, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58529 | $165 | $206 | $240 | $361 | $554 |
Source: Ownwell