Churchs Ferry, North Dakota Property Taxes
The median property tax rate in Churchs Ferry, ND is 1.00%, slightly above the national median of 0.99% but below the North Dakota state median of 1.30%. With a median home value of $94,100 in Churchs Ferry, the typical annual property tax bill amounts to $903, which is less than the national median of $2,690. Property taxes in Churchs Ferry are calculated based on the tax assessed value, which often falls below the market value due to exemptions like primary residence and agricultural exemptions. Understanding Churchs Ferry'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 Churchs Ferry 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
Churchs Ferry, North Dakota 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 Churchs Ferry Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Churchs Ferry with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Churchs Ferry 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 Ramsey County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Churchs Ferry, North Dakota
Property taxes in Churchs Ferry, North Dakota, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Churchs Ferry is 1.00%, slightly higher than the U.S. national median of 0.99%. Local government entities within Churchs Ferry set these rates annually, and they can vary significantly across different neighborhoods. Each year, Churchs Ferry 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 Churchs Ferry's effective property tax rate to other areas in Ramsey County and the national median. For comparison, the zip code 58325 has both the highest and lowest median property tax rate of 1.00%. Understanding how these areas compare with Churchs Ferry provides valuable insights into the varying tax landscape across Ramsey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Churchs Ferry Tax Rate
1.00%
Average Ramsey County Tax Rate
1.26%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Churchs Ferry, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58325 | 0.79% | 0.86% | 1.00% | 1.03% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Churchs Ferry, North Dakota
In Churchs Ferry, 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 Ramsey 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 Churchs Ferry, 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 Churchs Ferry helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in Churchs Ferry is $903.00, both found in the zip code 58325.
Property Tax Assessment Values Across Churchs Ferry, North Dakota
Source: Ownwell
$10,300
$87,800
$165,300
Average Churchs Ferry Assessed Value
$94,100
Average Ramsey County Assessed Value
$147,600
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Churchs Ferry, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58325 | $42,190 | $61,425 | $94,100 | $129,750 | $148,770 |
Source: Ownwell
Property Tax Bills Across Churchs Ferry, North Dakota
In Churchs Ferry, located in Ramsey County, ND, property tax bills are calculated based on the assessed value of the property. The median home price in this area is $94,100, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as the property's location, size, and improvements are considered when assessing its value. Homeowners in Churchs Ferry can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $517, while at the 75th percentile, it rises to $1,284. Those at the 90th percentile could see tax bills as high as $1,506. Interestingly, the highest and lowest median tax bills in the area are both $903, occurring in the same zip code, 58325. Compared to the national median property tax rate of 0.99%, Churchs Ferry's rates may offer some residents a more affordable option. However, the variability in tax bills can significantly impact homeowners' annual expenses, making it crucial to understand how these factors influence their property taxes.
Average Churchs Ferry Tax Bill
$903
Average Ramsey County Tax Bill
$1,862
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Churchs Ferry, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58325 | $436 | $517 | $903 | $1,284 | $1,506 |
Source: Ownwell