Sargent County Property Taxes
The median property tax rate in Sargent County is 1.49%, which is significantly higher than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Sargent County, the typical annual property tax bill reaches $185, which is considerably lower than the national median of $2,690. Property taxes in Sargent County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Sargent 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 Forman or another part of Sargent County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sargent 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 Sargent County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Sargent County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Sargent 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 Sargent County, North Dakota
Property taxes in Sargent play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Sargent is 1.49%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Sargent set these rates annually, and they can vary significantly between different areas within the county. Each year, Sargent 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. For comparison, the city of Rutland has one of the higher property tax rates in North Dakota at 2.82%, while the city of Oakes boasts one of the lowest at 1.00%. Analyzing how Sargent's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Sargent County Tax Rate
1.49%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sargent County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cayuga | 2.08% | 2.08% | 2.08% | 2.08% | 2.08% |
| Cogswell | 1.00% | 1.04% | 1.51% | 2.10% | 5.61% |
| Crete | 1.02% | 1.10% | 1.23% | 1.36% | 1.44% |
| Forman | 1.46% | 1.74% | 2.25% | 2.74% | 3.43% |
| Geneseo | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
| Gwinner | 0.97% | 1.49% | 1.49% | 1.49% | 1.90% |
| Havana | 1.33% | 1.52% | 1.58% | 1.92% | 3.26% |
| Lidgerwood | 0.69% | 0.92% | 1.06% | 1.06% | 1.06% |
| Milnor | 1.04% | 1.54% | 1.54% | 1.71% | 2.91% |
| Oakes | 0.95% | 0.97% | 1.00% | 1.02% | 1.04% |
| Rutland | 2.61% | 2.69% | 2.82% | 2.95% | 3.03% |
| Stirum | 1.17% | 1.52% | 2.12% | 2.71% | 3.07% |
Source: Ownwell
Property Tax Assessment Values Across Sargent County, North Dakota
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Sargent County, ND. 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 Sargent 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 Sargent 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. The median home price in the county is $10,926, with tax bills ranging from $123 at the 25th percentile to $1,759 at the 90th percentile. The city with the highest median tax bill is Stirum at $1,950, while Havana has the lowest at $133. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Sargent County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Sargent County, North Dakota
Source: Ownwell
$1,802
$62,327
$122,851
Average Sargent County Assessed Value
$10,926
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sargent County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cayuga | $1,802 | $1,802 | $1,802 | $1,802 | $1,802 |
| Cogswell | $3,970 | $8,078 | $13,440 | $76,067 | $136,150 |
| Crete | $13,176 | $17,620 | $25,025 | $32,430 | $36,874 |
| Forman | $49,672 | $70,808 | $104,304 | $114,459 | $196,948 |
| Geneseo | $8,263 | $8,310 | $8,388 | $8,467 | $8,514 |
| Gwinner | $7,762 | $8,232 | $9,668 | $19,728 | $38,788 |
| Havana | $1,632 | $7,212 | $10,176 | $39,220 | $77,845 |
| Lidgerwood | $7,615 | $8,012 | $9,223 | $14,044 | $20,939 |
| Milnor | $7,929 | $10,214 | $12,768 | $20,160 | $48,340 |
| Oakes | $90,964 | $102,922 | $122,851 | $142,780 | $154,738 |
| Rutland | $30,857 | $40,572 | $56,763 | $72,954 | $82,669 |
| Stirum | $35,227 | $47,746 | $68,613 | $89,480 | $101,999 |
Source: Ownwell
Property Tax Bills Across Sargent County, North Dakota
In Sargent County, North Dakota, property tax bills are determined based on the assessed value of a property, which is a percentage of its market value. The county's median home price is $10,926, and the property tax rate is applied to this assessed value to calculate the tax bill. Factors influencing the tax bill include the property's location, size, and any applicable exemptions or deductions. For example, in Sargent County, the tax bill at the 25th percentile is $123, while at the 75th percentile, it reaches $664. The 90th percentile tax bill can be as high as $1,759. The highest median tax bill in the county is $1,950 in Stirum, whereas the lowest is $133 in Havana. These variations significantly impact homeowners, as higher property taxes can increase the overall cost of owning a home, while lower taxes can make homeownership more affordable. Compared to the national median property tax rate of 0.99%, Sargent County offers relatively low property tax rates, providing some financial relief to its residents.
Average Sargent County Tax Bill
$185
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Sargent County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cayuga | $38 | $38 | $38 | $38 | $38 |
| Cogswell | $101 | $170 | $464 | $1,392 | $1,979 |
| Crete | $176 | $210 | $268 | $326 | $360 |
| Forman | $1,251 | $1,341 | $1,785 | $2,716 | $3,836 |
| Geneseo | $87 | $88 | $89 | $90 | $90 |
| Gwinner | $103 | $121 | $144 | $285 | $757 |
| Havana | $31 | $110 | $133 | $550 | $1,170 |
| Lidgerwood | $61 | $72 | $83 | $132 | $214 |
| Milnor | $116 | $140 | $170 | $367 | $1,349 |
| Oakes | $875 | $1,013 | $1,244 | $1,474 | $1,613 |
| Rutland | $837 | $1,155 | $1,686 | $2,217 | $2,535 |
| Stirum | $590 | $1,100 | $1,950 | $2,799 | $3,309 |
Source: Ownwell