Starkweather, North Dakota Property Taxes
The median property tax rate in Starkweather, ND is 1.03%, slightly higher than the national median of 0.99% but lower than North Dakota's state median of 1.30%. With the median home value in Starkweather at $42,800, the typical annual property tax bill amounts to $433, which is significantly below the national median of $2,690. Property taxes in Starkweather are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Starkweather'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 Starkweather 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
Starkweather, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$441
Ownwell’s Starkweather Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Starkweather with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Starkweather to provide an estimate of 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 Starkweather, North Dakota
Property taxes in Starkweather, North Dakota, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Starkweather is 1.03%, higher than both the North Dakota state median and the U.S. national median of 0.99%. Local government entities within Starkweather set these rates annually, and they can vary significantly across different neighborhoods. Each year, Starkweather 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 Starkweather's effective property tax rate to other areas in North Dakota and the national median. For comparison, the zip code 58377 has the highest median property tax rate of 1.03%, while the same zip code also has the lowest median tax rate of 1.03%. Understanding how these areas compare with Starkweather 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 Starkweather Tax Rate
1.03%
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 Starkweather, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58377 | 0.90% | 0.93% | 1.03% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Starkweather, North Dakota
In Starkweather, 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 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. 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 Starkweather helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Starkweather is $42,800, with the highest median tax bill being $433 in the zip code 58377.
Property Tax Assessment Values Across Starkweather, North Dakota
Source: Ownwell
$10,300
$87,800
$165,300
Average Starkweather Assessed Value
$42,800
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 Starkweather, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58377 | $10,410 | $23,875 | $42,800 | $83,150 | $145,190 |
Source: Ownwell
Property Tax Bills Across Starkweather, North Dakota
In Starkweather, ND, located in Ramsey County, property tax bills are determined through a combination of assessed home values and the local tax rate. The assessed value is derived from the market value of the property, which in Starkweather has a median home price of $42,800. This value is then multiplied by the local tax rate to calculate the annual tax bill. Several factors influence the property tax bill, including property size, location, and any applicable exemptions. Homeowners in Starkweather can expect their tax bills to vary significantly. At the 25th percentile, tax bills are around $249, while at the 75th percentile, they rise to $786. For those at the higher end, the 90th percentile tax bill reaches $1,421. These property taxes directly impact homeowners by contributing to local services such as schools, infrastructure, and public safety. Despite the variability, Starkweather's property tax rates are relatively moderate compared to the national median property tax rate of 0.99%, providing a balanced approach to funding essential services while maintaining affordability for residents.
Average Starkweather Tax Bill
$433
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 Starkweather, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58377 | $100 | $249 | $433 | $786 | $1,421 |
Source: Ownwell