Englevale, North Dakota Property Taxes
The median property tax rate in Englevale, ND is 0.89%, which is lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Englevale at $70,100, the typical annual property tax bill amounts to $493, significantly below the national median of $2,690. Property taxes in Englevale are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Englevale'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 Englevale 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
Englevale, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$624
Ownwell’s Englevale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Englevale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Englevale 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 Englevale, North Dakota
Property taxes in Englevale, North Dakota, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Englevale is 0.89%, which is lower than the U.S. national median of 0.99%. Local government entities within Englevale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Englevale 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 Englevale's effective property tax rate to other counties in North Dakota and the national median. For comparison, the zip code 58033 has both the highest and lowest median property tax rate of 0.89%. Understanding how these cities compare with Englevale provides valuable insights into the varying tax landscape across Ransom County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Englevale Tax Rate
0.89%
Average Ransom County Tax Rate
1.65%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Englevale, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58033 | 0.46% | 0.79% | 0.89% | 0.89% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Englevale, North Dakota
In Englevale, 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 Ransom 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 Englevale, 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. The zip code with the highest median tax bill is 58033, with a median bill of $493. By being aware of these valuation processes, homeowners can identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Englevale Assessed Value
$70,100
Average Ransom County Assessed Value
$96,500
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Englevale, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58033 | $37,040 | $52,600 | $70,100 | $156,700 | $225,040 |
Source: Ownwell
Property Tax Bills Across Englevale, North Dakota
In Englevale, ND, property tax bills are calculated based on the assessed value of the property, which is determined by local assessors. The median home price in Englevale is $70,100. The assessed value is then multiplied by the local property tax rate. In Ransom County, where Englevale is located, the property tax rate varies, but it is essential to note that the national median property tax rate is 0.99%. Factors such as property location, size, and improvements can influence the assessed value. Homeowners in Englevale can expect their tax bills to fall within a range; the 25th percentile tax bill is $339, while the 75th percentile reaches $1,397. For the top 10% of properties, the tax bill can be as high as $2,006. The highest and lowest median tax bills in the area are both $493, specifically in the 58033 zip code. These tax bills directly impact homeowners by contributing to local services and infrastructure, ultimately affecting the overall cost of homeownership.
Average Englevale Tax Bill
$493
Average Ransom County Tax Bill
$1,335
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Englevale, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58033 | $199 | $339 | $493 | $1,397 | $2,006 |
Source: Ownwell