Aneta, North Dakota Property Taxes
The median property tax rate in Aneta, ND is 0.89%, which is notably lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Aneta at $34,602, the typical annual property tax bill amounts to $309, significantly below the national median of $2,690. Property taxes in Aneta are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Aneta'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 Aneta or another part of Griggs County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Aneta, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$308
Ownwell’s Aneta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aneta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aneta 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 Aneta, North Dakota
Property taxes in Aneta, North Dakota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aneta is 0.89%, which is lower than the U.S. national median of 0.99%. Local government entities within Aneta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aneta 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 Aneta's effective property tax rate to other areas in Griggs County and the national median. For comparison, the zip code 58212 has the highest median property tax rate of 0.89%, while the same zip code also has the lowest median tax rate of 0.89%. Understanding how these areas compare with Aneta provides valuable insights into the varying tax landscape across Griggs County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aneta Tax Rate
0.89%
Average Griggs County Tax Rate
0.91%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aneta, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58212 | 0.88% | 0.88% | 0.89% | 0.90% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Aneta, North Dakota
In Aneta, 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 Griggs 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 Aneta, 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. With a median home price of $34,602, property tax bills can vary significantly. For instance, the 25th percentile tax bill is $191, while the 75th percentile tax bill is $730. Interestingly, the highest and lowest median tax bills are both $309, found in the 58212 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Aneta Assessed Value
$34,602
Average Griggs County Assessed Value
$68,520
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aneta, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58212 | $14,897 | $21,688 | $34,602 | $80,614 | $144,634 |
Source: Ownwell
Property Tax Bills Across Aneta, North Dakota
In Aneta, property tax bills are determined based on the assessed value of the property, which is a percentage of the market value. The tax rate in Aneta is influenced by local government budgets and the needs of the community. Homeowners in Aneta pay a median property tax bill of $309, which is significantly lower than the national median property tax rate of 0.99%. Several factors contribute to the calculation of the tax bill, including the property's assessed value and the local tax rate. For instance, homes in the 25th percentile have tax bills around $191, while those in the 75th percentile pay approximately $730. At the higher end, the 90th percentile tax bill reaches $1301. These variations reflect differences in property values and specific tax rates applied within the region. Understanding these factors helps homeowners anticipate their annual tax obligations and plan their finances accordingly. Lower tax bills can make homeownership more affordable and attract new residents to the area.
Average Aneta Tax Bill
$309
Average Griggs County Tax Bill
$614
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Aneta, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58212 | $133 | $191 | $309 | $730 | $1,301 |
Source: Ownwell