Sawyer, North Dakota Property Taxes
The median property tax rate in Sawyer, ND is 0.93%, slightly below the national median of 0.99% and significantly lower than the North Dakota state median of 1.30%. With a median home value of $186,000 in Sawyer, the typical annual property tax bill is approximately $1,961, which is less than the national median of $2,690. Property taxes in Sawyer are calculated based on the tax assessed value, often lower than the market value due to various exemptions, including primary residence and agricultural exemptions. Understanding Sawyer'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 Sawyer 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
Sawyer, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$1,730
Ownwell’s Sawyer Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sawyer with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sawyer 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 Sawyer, North Dakota
Property taxes in Sawyer, North Dakota, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Sawyer is 1.22%, which is higher than both the North Dakota state median of 0.99% and the U.S. national median of 0.99%. Local government entities within Sawyer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sawyer 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 Sawyer's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58781 zip code has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these areas compare with Sawyer provides valuable insights into the varying tax landscape across Ward County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sawyer Tax Rate
0.93%
Average Ward County Tax Rate
1.65%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sawyer, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58781 | 0.85% | 0.85% | 0.93% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Sawyer, North Dakota
In Sawyer, 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 Ward 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 Sawyer, 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 Sawyer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 58781 has both the highest and lowest median tax bill at $1,961, reflecting the range of property values and tax liabilities in the area.
Average Sawyer Assessed Value
$186,000
Average Ward County Assessed Value
$201,000
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sawyer, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58781 | $63,000 | $119,500 | $186,000 | $286,000 | $362,000 |
Source: Ownwell
Property Tax Bills Across Sawyer, North Dakota
Property tax bills in Sawyer, ND, located in Ward County, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, property size, and market conditions. For instance, the median home price in Sawyer is $186,000, and the property tax rate is aligned with the national median of 0.99%. Homeowners in Sawyer can expect their annual tax bills to vary significantly. The 25th percentile tax bill stands at $1,260, while the 75th percentile tax bill is $2,516. Those in the 90th percentile face a higher tax bill of $3,520. Interestingly, the highest and lowest median tax bills in the area are both $1,961, indicating a relatively uniform distribution of tax obligations. These property tax bills directly impact homeowners by influencing their overall housing costs, potentially affecting affordability and long-term financial planning. Accurate assessments and fair tax rates are crucial for maintaining balanced community funding and services.
Average Sawyer Tax Bill
$1,961
Average Ward County Tax Bill
$2,940
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Sawyer, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58781 | $697 | $1,260 | $1,961 | $2,516 | $3,520 |
Source: Ownwell