Beach, North Dakota Property Taxes
The median property tax rate in Beach, North Dakota is 0.88%, which is notably lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With a median home value of $67,650 in Beach, the typical annual property tax bill amounts to $594, significantly below the national median of $2,690. Property taxes in Beach are determined based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Beach'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 Beach or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Beach, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$595
Ownwell’s BEACH Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in BEACH. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in BEACH to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, helping you make informed financial decisions. For those interested in more detailed trends, including neighborhood-level data, additional localized information is available below. Your property’s assessed value is determined by Golden Valley County for tax purposes and considers any applicable exemptions.
Property Tax Rates Across Beach, North Dakota
Property taxes in Beach, 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 Beach is 0.88%, which is lower than the U.S. national median of 0.99%. Local government entities within Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beach 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 Beach's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58621 zip code has both the highest and lowest median property tax rate, at 0.88%. Understanding how these areas compare with Beach provides valuable insights into the varying tax landscape across Golden Valley County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Beach Tax Rate
0.88%
Average Golden Valley County Tax Rate
0.88%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beach, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58621 | 0.67% | 0.88% | 0.88% | 0.88% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Beach, North Dakota
In Beach, 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 Golden Valley 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 Beach, 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 Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 58621, both at $594.
Average Beach Assessed Value
$67,650
Average Golden Valley County Assessed Value
$96,800
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beach, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58621 | $26,880 | $50,600 | $67,650 | $141,900 | $194,720 |
Source: Ownwell
Property Tax Bills Across Beach, North Dakota
In BEACH, located in Golden Valley County, ND, property tax bills are calculated based on the assessed value of a home, not its market value. The assessed value is determined by the local tax assessor and is typically a percentage of the market value. Homeowners in BEACH can expect their property tax bill to fall within a range depending on various factors, including property size, location, and improvements. For instance, the 25th percentile tax bill is around $429, while the 75th percentile reaches up to $1,196, and the 90th percentile can be as high as $1,504. These figures indicate a wide range of potential tax liabilities, reflecting the diversity in property values and conditions. The median home price in BEACH is $67,650, and the median tax bill in the county is $594.00, which is lower than the national median property tax rate of 0.99%. Understanding these factors helps homeowners anticipate their annual property tax obligations, enabling better financial planning.
Average Beach Tax Bill
$594
Average Golden Valley County Tax Bill
$829
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Beach, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58621 | $173 | $429 | $594 | $1,196 | $1,504 |
Source: Ownwell