Mckenzie County Property Taxes
The median property tax rate in McKenzie County is 0.83%, which is notably lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With a median home value of $163,270, the typical annual property tax bill in McKenzie County is around $1,120, significantly below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding McKenzie County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Watford City or another part of McKenzie County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mckenzie County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$2,600
Ownwell’s McKenzie County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in McKenzie County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in McKenzie 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 Mckenzie County, North Dakota
Property taxes in McKenzie County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in McKenzie County is 0.83%, which is lower than the U.S. national median of 0.99%. Local government entities within McKenzie County set these rates annually, and they can vary significantly between different areas within the county. Each year, McKenzie 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 McKenzie County's effective property tax rate with other regions in North Dakota and the national median. For comparison, the city of Watford City has one of the higher property tax rates in North Dakota at 0.83%, while the city of Grassy Butte boasts one of the lowest at 0.49%. Analyzing how McKenzie County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Mckenzie County Tax Rate
0.83%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mckenzie County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexander | 0.58% | 0.59% | 0.79% | 0.79% | 0.79% |
| Arnegard | 0.49% | 0.49% | 0.80% | 0.80% | 0.80% |
| Cartwright | 0.23% | 0.48% | 0.51% | 0.51% | 0.54% |
| Grassy Butte | 0.49% | 0.49% | 0.49% | 0.49% | 0.51% |
| Keene | 0.47% | 0.49% | 0.51% | 0.51% | 0.51% |
| New Town | 0.51% | 0.52% | 0.53% | 0.54% | 0.57% |
| Watford City | 0.49% | 0.54% | 0.83% | 0.83% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Mckenzie County, North Dakota
In McKenzie 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 McKenzie 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 McKenzie 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. In McKenzie County, the city with the highest median tax bill is Arnegard at $1,350, while Cartwright has the lowest at $360. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Mckenzie County, North Dakota
Source: Ownwell
$82,060
$144,653
$207,245
Average Mckenzie County Assessed Value
$163,270
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mckenzie County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexander | $45,912 | $88,285 | $133,800 | $226,895 | $340,766 |
| Arnegard | $53,775 | $116,348 | $207,245 | $242,480 | $291,923 |
| Cartwright | $36,480 | $59,082 | $100,330 | $190,085 | $260,262 |
| Grassy Butte | $84,915 | $122,282 | $172,660 | $232,270 | $316,005 |
| Keene | $11,332 | $32,540 | $82,060 | $121,780 | $175,952 |
| New Town | $30,765 | $74,212 | $106,390 | $115,365 | $117,048 |
| Watford City | $75,959 | $129,742 | $167,945 | $235,715 | $315,169 |
Source: Ownwell
Property Tax Bills Across Mckenzie County, North Dakota
In McKenzie County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is a percentage of the market value of the property. Homeowners in McKenzie County experience a range of property tax bills, influenced by factors such as property location, size, and improvements. For instance, the median home price in the county is $163,270, and the property tax bills vary significantly. The 25th percentile tax bill is $747, while the 75th percentile tax bill reaches $1,664, and the 90th percentile tax bill can be as high as $2,039. In Arnegard, the highest median tax bill is $1,350, contrasting sharply with Cartwright, where the lowest median tax bill is $360. These variations can impact homeowners' financial planning, as higher property taxes may lead to increased monthly mortgage payments or reduced disposable income. Understanding these factors is crucial for homeowners to anticipate their annual property tax obligations accurately.
Average Mckenzie County Tax Bill
$1,120
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Mckenzie County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexander | $384 | $691 | $1,057 | $1,358 | $2,030 |
| Arnegard | $278 | $693 | $1,350 | $1,860 | $2,037 |
| Cartwright | $144 | $228 | $360 | $869 | $1,247 |
| Grassy Butte | $416 | $599 | $844 | $1,135 | $1,545 |
| Keene | $58 | $167 | $422 | $572 | $875 |
| New Town | $162 | $390 | $546 | $587 | $607 |
| Watford City | $538 | $985 | $1,177 | $1,728 | $2,173 |
Source: Ownwell