Mercer County Property Taxes
The median property tax rate in Mercer County is 0.56%, which is significantly lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Mercer County, the typical annual property tax bill is $938, which is well below the national median of $2,690. Property taxes in Mercer County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Mercer County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Hazen or another part of Mercer County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mercer County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$1,039
Ownwell’s Mercer County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Mercer County with just 2 data points. Enter your property's estimated assessed value, our calculator applies the median tax rate in Mercer County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Mercer County, North Dakota
Property taxes in Mercer County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Mercer County is 0.56%, which is lower than the U.S. national median of 0.99%. Local government entities within Mercer County set these rates annually, and they can vary significantly between different areas within the county. Each year, Mercer County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Mercer County's effective property tax rate with other regions and the national median. For comparison, the city of Beulah has one of the higher property tax rates in the area at 0.59%, while the city of Stanton boasts one of the lowest at 0.52%. Analyzing how Mercer County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Mercer County Tax Rate
0.56%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mercer County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beulah | 0.19% | 0.51% | 0.59% | 0.70% | 1.01% |
| Dodge | 0.32% | 0.45% | 0.53% | 0.54% | 0.54% |
| Glen Ullin | N/A | N/A | N/A | N/A | N/A |
| Golden Valley | 0.20% | 0.43% | 0.54% | 0.68% | 0.69% |
| Halliday | N/A | N/A | N/A | N/A | N/A |
| Hazen | N/A | N/A | N/A | N/A | N/A |
| Hebron | 0.53% | 0.53% | 0.53% | 0.53% | 0.53% |
| Pick City | 0.35% | 0.35% | 0.35% | 0.35% | 0.35% |
| Stanton | 0.28% | 0.47% | 0.52% | 0.55% | 0.57% |
| Zap | 0.19% | 0.39% | 0.53% | 0.58% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Mercer County, North Dakota
In Mercer County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Mercer County Appraisal District. The assessed value, however, 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. Assessment notices in Mercer County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Notably, Pick City has the highest median tax bill at $2,942, while Golden Valley has the lowest at $505. Being aware of these valuation processes in Mercer County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Mercer County, North Dakota
Source: Ownwell
$124,822
$480,476
$836,129
Average Mercer County Assessed Value
$185,507
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mercer County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beulah | $43,210 | $71,703 | $195,925 | $274,705 | $340,609 |
| Dodge | $110,562 | $111,325 | $128,692 | $154,342 | $170,015 |
| Glen Ullin | N/A | N/A | N/A | N/A | N/A |
| Golden Valley | $21,920 | $34,600 | $163,275 | $210,908 | $327,795 |
| Halliday | N/A | N/A | N/A | N/A | N/A |
| Hazen | N/A | N/A | N/A | N/A | N/A |
| Hebron | $116,966 | $119,912 | $124,822 | $129,731 | $132,677 |
| Pick City | $836,129 | $836,129 | $836,129 | $836,129 | $836,129 |
| Stanton | $76,259 | $131,030 | $204,206 | $227,198 | $314,386 |
| Zap | $114,109 | $160,813 | $230,852 | $295,821 | $409,431 |
Source: Ownwell
Property Tax Bills Across Mercer County, North Dakota
In Mercer County, ND, property tax bills are calculated based on the assessed value of your home, which is typically a percentage of its market value. For example, the median home price in Mercer County stands at $185,507. Various factors influence the final tax bill, including the property’s location, its assessed value, and the local tax rates set by county authorities. Homeowners in Mercer County experience a diverse range of tax bills. At the 25th percentile, the tax bill is around $448, while at the 75th percentile, it rises to approximately $1,464. Those in the 90th percentile can expect to pay up to $1,936. Compared to the national median property tax rate of 0.99%, Mercer County offers a relatively affordable tax environment. For instance, the highest median tax bill in the county is found in Pick City at $2,942, while Golden Valley boasts the lowest at $505. These variations significantly affect homeowners, impacting their annual financial planning and housing affordability.
Average Mercer County Tax Bill
$938
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Mercer County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beulah | $54 | $387 | $1,117 | $1,611 | $2,172 |
| Dodge | $462 | $549 | $599 | $644 | $721 |
| Glen Ullin | N/A | N/A | N/A | N/A | N/A |
| Golden Valley | $146 | $208 | $505 | $779 | $1,002 |
| Halliday | N/A | N/A | N/A | N/A | N/A |
| Hazen | N/A | N/A | N/A | N/A | N/A |
| Hebron | $617 | $634 | $663 | $692 | $709 |
| Pick City | $2,942 | $2,942 | $2,942 | $2,942 | $2,942 |
| Stanton | $281 | $396 | $1,066 | $1,150 | $1,550 |
| Zap | $437 | $562 | $968 | $1,382 | $1,959 |
Source: Ownwell