Bathgate, North Dakota Property Taxes
The median property tax rate in Bathgate, ND is 1.14%, which is 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 $30,094 in Bathgate, the typical annual property tax bill is $343, significantly below the national median of $2,690. Property taxes in Bathgate are calculated based on the assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. By understanding Bathgate's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners can achieve considerable annual savings. Whether you're in the heart of Bathgate or another part of the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bathgate, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$343
-$3,595
Ownwell’s Bathgate Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bathgate with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bathgate 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 Bathgate, North Dakota
Property taxes in Bathgate, North Dakota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bathgate is 1.14%, higher than both the North Dakota state median and the U.S. national median of 0.99%. Local government entities within Bathgate set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bathgate 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 Bathgate's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58216 zip code has the highest median property tax rate of 1.14%, while the same zip code also has the lowest median tax rate of 1.14%. Understanding how these cities compare with Bathgate provides valuable insights into the varying tax landscape across Pembina County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bathgate Tax Rate
1.14%
Average Pembina County Tax Rate
1.35%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bathgate, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58216 | 1.14% | 1.14% | 1.14% | 1.14% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Bathgate, North Dakota
In Bathgate, 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 Pembina 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 Bathgate, 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 Bathgate helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $343.00, found in zip code 58216.
Average Bathgate Assessed Value
$30,094
Average Pembina County Assessed Value
$40,468
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bathgate, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58216 | $7,072 | $15,705 | $30,094 | $48,695 | $59,856 |
Source: Ownwell
Property Tax Bills Across Bathgate, North Dakota
In Bathgate, Pembina County, ND, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. For instance, with a median home price of $30,094, homeowners can expect varying tax bills. At the 25th percentile, the tax bill is around $179, while at the 75th percentile, it rises to $555. The 90th percentile sees tax bills going up to $682. These figures show that property taxes in Bathgate can vary significantly depending on the assessed value of the property and the specific tax rate applied. Comparatively, the national median property tax rate is 0.99%, which can provide a benchmark for understanding local tax burdens. For homeowners, these taxes fund essential public services like education, infrastructure, and emergency services, directly impacting the community's quality of life.
Average Bathgate Tax Bill
$343
Average Pembina County Tax Bill
$568
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Bathgate, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58216 | $81 | $179 | $343 | $555 | $682 |
Source: Ownwell