Windsor, North Dakota Property Taxes
The median property tax rate in Windsor, ND is 0.86%, which is lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With a median home value of $217,027, the typical annual property tax bill in Windsor amounts to $1,871, significantly below the national median of $2,690. Property taxes in Windsor are calculated based on the tax assessed value, which often falls below market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Windsor'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 Windsor or another part of Stutsman County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Windsor, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$1,866
Ownwell’s Windsor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Windsor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Windsor 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 Windsor, North Dakota
Property taxes in Windsor, North Dakota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windsor is 0.86%, which is lower than the U.S. national median of 0.99%. Local government entities within Windsor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windsor 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 Windsor's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58424 zip code has the highest median property tax rate of 0.86%, while the 58424 zip code also has the lowest median tax rate of 0.86%. Understanding how these cities compare with Windsor provides valuable insights into the varying tax landscape across Stutsman County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Windsor Tax Rate
0.86%
Average Stutsman County Tax Rate
1.45%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Windsor, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58424 | 0.86% | 0.86% | 0.86% | 0.86% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Windsor, North Dakota
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Windsor, North Dakota. The market value represents 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 Stutsman 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 Windsor, 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 Windsor helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 58424 has the highest median tax bill at $1,871, while the lowest median tax bill is also $1,871 in the same zip code.
Average Windsor Assessed Value
$217,027
Average Stutsman County Assessed Value
$99,515
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Windsor, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58424 | $149,245 | $174,664 | $217,027 | $259,390 | $284,809 |
Source: Ownwell
Property Tax Bills Across Windsor, North Dakota
In Windsor, located in Stutsman County, ND, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and is a percentage of the property's market value. Homeowners in Windsor face a median home price of $217,027. The property tax rate in this region influences the final tax bill, which can vary significantly. For instance, homeowners in the 25th percentile of tax bills pay around $1,507 annually, while those in the 75th percentile pay approximately $2,235. At the 90th percentile, the tax bill can reach up to $2,453. These figures highlight the range of property tax burdens that homeowners may experience, depending on their property's assessed value and the specific tax rate applied. Compared to the national median property tax rate of 0.99%, Windsor's property tax rates and resulting bills can have a substantial impact on homeowners, affecting their annual financial planning and overall cost of homeownership.
Average Windsor Tax Bill
$1,871
Average Stutsman County Tax Bill
$1,456
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Windsor, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58424 | $1,289 | $1,507 | $1,871 | $2,235 | $2,453 |
Source: Ownwell