Alice, North Dakota Property Taxes
The median property tax rate in Alice, ND is 3.76%, considerably higher than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Alice, the typical annual property tax bill reaches $655, which is significantly lower than the national median of $2,690. Property taxes in Alice are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Alice'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 Alice 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
Alice, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.76%
Estimate Property Tax Bill
$654
Ownwell’s Alice Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Alice with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alice 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 Alice, North Dakota
Property taxes in Alice, North Dakota, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Alice is 3.76%, significantly higher than both the North Dakota state median and the U.S. national median of 0.99%. Local government entities within Alice set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alice 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 Alice's effective property tax rate to other counties in North Dakota and the national median. For comparison, the zip code 58031 has both the highest and lowest median property tax rate of 3.76%, identical to Alice's rate. Understanding how these areas compare with Alice provides valuable insights into the varying tax landscape across Barnes County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alice Tax Rate
3.76%
Average Barnes County Tax Rate
1.12%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alice, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58031 | 3.76% | 3.76% | 3.76% | 3.76% | 3.76% |
Source: Ownwell
Property Tax Assessment Values Across Alice, North Dakota
In Alice, 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 Barnes 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 Alice, 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 Alice helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Alice are both $655, found in the 58031 zip code.
Average Alice Assessed Value
$17,400
Average Barnes County Assessed Value
$86,700
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alice, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58031 | $17,400 | $17,400 | $17,400 | $17,400 | $17,400 |
Source: Ownwell
Property Tax Bills Across Alice, North Dakota
In Alice, Barnes County, ND, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. Typically, the local assessor determines this value through periodic evaluations. The tax rate, applied to this assessed value, is set by local taxing authorities and can vary depending on budgetary needs for public services such as schools, infrastructure, and emergency services. For homeowners in Alice, the median home price stands at $17,400. With a consistent median tax bill of $655 across various percentiles, the effective property tax rate is notably higher than the national median of 0.99%. This higher rate can significantly impact homeowners, especially those on fixed incomes or with limited financial flexibility. Understanding these factors helps homeowners anticipate their annual tax obligations and plan accordingly. Accurate assessments and awareness of local tax rates are crucial for managing property-related expenses effectively.
Average Alice Tax Bill
$655
Average Barnes County Tax Bill
$1,027
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Alice, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58031 | $655 | $655 | $655 | $655 | $655 |
Source: Ownwell