Tioga, North Dakota Property Taxes
The median property tax rate in Tioga, ND is 0.47%, significantly lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With a median home value of $83,000 in Tioga, the typical annual property tax bill amounts to $355, which is well below the national median of $2,690. Property taxes in Tioga are calculated based on the assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Tioga'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 Tioga 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
Tioga, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$390
Ownwell’s Tioga Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tioga with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tioga 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 Tioga, North Dakota
Property taxes in Tioga, North Dakota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tioga is 1.07%, higher than both the North Dakota state median of 0.99% and the U.S. national median of 0.99%. Local government entities within Tioga set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tioga 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 Tioga's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58852 zip code has the highest median property tax rate of 0.47%, while the 58852 zip code has the lowest median tax rate of 0.47%. Understanding how these cities compare with Tioga provides valuable insights into the varying tax landscape across Mountrail County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tioga Tax Rate
0.47%
Average Mountrail County Tax Rate
0.60%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tioga, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58852 | 0.38% | 0.38% | 0.47% | 0.48% | 0.50% |
Source: Ownwell
Property Tax Assessment Values Across Tioga, North Dakota
In Tioga, 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 Mountrail 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 Tioga, 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. The median home price in Tioga is $83,000, with tax bills ranging from $216 at the 25th percentile to $935 at the 90th percentile. The highest median tax bill is $355 in zip code 58852, which also has the lowest median tax bill. By understanding these valuation processes, property owners can better navigate their tax responsibilities, identify opportunities for protesting assessments, or apply for exemptions to effectively manage the tax burden.
Average Tioga Assessed Value
$83,000
Average Mountrail County Assessed Value
$139,300
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tioga, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58852 | $22,850 | $52,250 | $83,000 | $156,550 | $196,950 |
Source: Ownwell
Property Tax Bills Across Tioga, North Dakota
In Tioga, ND, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For homeowners in Tioga, the median home price is $83,000. Tax bills can vary significantly, with the 25th percentile at $216 and the 75th percentile reaching $614. At the 90th percentile, homeowners might see tax bills as high as $935. This variability is influenced by factors such as property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Tioga's property taxes provide a relatively affordable option for homeowners. However, even within this city, tax bills can differ based on neighborhood and specific property characteristics. Understanding these factors helps homeowners anticipate their annual tax obligations and manage their finances more effectively.
Average Tioga Tax Bill
$355
Average Mountrail County Tax Bill
$783
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Tioga, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58852 | $107 | $216 | $355 | $614 | $935 |
Source: Ownwell