Crary, North Dakota Property Taxes
The median property tax rate in Crary, ND is 1.08%, which is higher than the national median of 0.99% but lower than the North Dakota state median of 1.30%. With the median home value in Crary at $100,650, the typical annual property tax bill amounts to $1,051, which is below the national median of $2,690. Property taxes in Crary are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Crary'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 Crary or another part of Ramsey County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Crary, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$1,087
Ownwell’s Crary Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Crary with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crary to provide an estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is the value assigned by Ramsey County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Crary, North Dakota
Property taxes in Crary, 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 Crary is 1.08%, significantly higher than the U.S. national median of 0.99%. Local government entities within Crary set these rates annually, and they can vary across different neighborhoods. Each year, Crary 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 Crary's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58327 zip code has both the highest and lowest median property tax rate of 1.08%. Understanding how these cities compare with Crary provides valuable insights into the varying tax landscape across Ramsey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crary Tax Rate
1.08%
Average Ramsey County Tax Rate
1.26%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crary, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58327 | 1.01% | 1.03% | 1.08% | 1.08% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Crary, North Dakota
In Crary, 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 Ramsey County Assessor 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 Crary, 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 Crary helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Crary is $100,650, with annual tax bills ranging from $301 at the 25th percentile to $2,748 at the 90th percentile. The highest and lowest median tax bills, both amounting to $1,051, are found in the 58327 zip code.
Average Crary Assessed Value
$100,650
Average Ramsey County Assessed Value
$147,600
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crary, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58327 | $11,600 | $31,100 | $100,650 | $184,425 | $248,260 |
Source: Ownwell
Property Tax Bills Across Crary, North Dakota
In Crary, Ramsey County, ND, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is a percentage of the market value of the property. Homeowners in Crary experience a range of property tax bills, which can vary significantly. For example, the tax bill at the 25th percentile is approximately $301, while at the 75th percentile, it can be as high as $1,946. At the 90th percentile, the tax bill reaches around $2,748. These tax bills are influenced by several factors, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. The median home price in Crary is $100,650, and the property tax rate in Ramsey County can vary, which directly impacts the overall tax bill. Compared to the national median property tax rate of 0.99%, Crary's property tax bills can be relatively modest, providing some relief to homeowners in the area.
Average Crary Tax Bill
$1,051
Average Ramsey County Tax Bill
$1,862
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Crary, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58327 | $86 | $301 | $1,051 | $1,946 | $2,748 |
Source: Ownwell