Amenia, North Dakota Property Taxes
The median property tax rate in Amenia, ND is 0.91%, slightly lower than the national median of 0.99% and significantly below the North Dakota state median of 1.30%. With the median home value in Amenia at $140,250, the typical annual property tax bill amounts to $1,420, which is below the national median of $2,690. Property taxes in Amenia are calculated based on the assessed value, often lower than market value due to exemptions such as primary residence and agricultural exemptions. Gaining a thorough understanding of Amenia's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Amenia or another part of Cass County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Amenia, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$1,276
Ownwell’s Amenia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Amenia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Amenia to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and make informed financial decisions. For those interested in more granular insights, you can explore neighborhood-level trends by scrolling down. Your property’s assessed value, determined by Cass County, is crucial for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Amenia, North Dakota
Property taxes in Amenia, North Dakota, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Amenia is 0.91%, slightly lower than the U.S. national median of 0.99%. Local government entities within Amenia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Amenia 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 Amenia's effective property tax rate to other areas in North Dakota and the national median. For comparison, the zip code 58004 has both the highest and lowest median property tax rate of 0.91%. Understanding how these areas compare with Amenia provides valuable insights into the varying tax landscape across Cass County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Amenia Tax Rate
0.91%
Average Cass County Tax Rate
1.42%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Amenia, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58004 | 0.87% | 0.90% | 0.91% | 0.93% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Amenia, North Dakota
In Amenia, 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 Cass 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 Amenia, 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. For instance, the median home price in Amenia is $140,250, with tax bills ranging from $758 at the 25th percentile to $2,704 at the 90th percentile. The zip code 58004 has the highest and lowest median tax bill, both at $1,420. By understanding 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 Amenia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Amenia Assessed Value
$140,250
Average Cass County Assessed Value
$223,400
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Amenia, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58004 | $5,026 | $33,100 | $140,250 | $201,950 | $287,750 |
Source: Ownwell
Property Tax Bills Across Amenia, North Dakota
In Amenia, located in Cass County, ND, property tax bills are calculated based on the assessed value of your home and the local tax rate. The median home price in Amenia is $140,250, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For homeowners in Amenia, the 25th percentile of tax bills is around $758, while the 75th percentile reaches up to $1,973. At the 90th percentile, tax bills can go as high as $2,704. These figures indicate a range of what homeowners might expect to pay, depending on their property's assessed value and any applicable exemptions or deductions. Comparatively, the national median property tax rate is 0.99%, making Amenia's property tax rates relatively moderate. Understanding these factors helps homeowners anticipate their annual expenses and manage their financial planning more effectively.
Average Amenia Tax Bill
$1,420
Average Cass County Tax Bill
$3,332
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Amenia, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58004 | $136 | $758 | $1,420 | $1,973 | $2,704 |
Source: Ownwell