Walsh County Property Taxes
The median property tax rate in Walsh County is 1.87%, which is significantly higher than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Walsh County at $50,800, the typical annual property tax bill reaches $926, which is well below the national median of $2,690. Property taxes in Walsh County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Walsh County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Grafton or another part of Walsh County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Walsh County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.87%
Estimate Property Tax Bill
$950
Ownwell’s Walsh County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Walsh County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Walsh County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Walsh County, North Dakota
Property taxes in Walsh County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Walsh County is 1.87%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Walsh County set these rates annually, and they can vary significantly between different areas within the county. Each year, Walsh County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Forest River has one of the higher property tax rates in North Dakota at 1.87%, while the city of Pisek boasts one of the lowest at 1.32%. Analyzing how Walsh County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Walsh County Tax Rate
1.87%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Walsh County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Forest River | 1.87% | 1.87% | 1.87% | 1.87% | 1.87% |
| Grafton | 1.87% | 1.87% | 1.87% | 1.87% | 1.87% |
| Hoople | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% |
| Park River | 1.73% | 1.73% | 1.73% | 1.73% | 1.73% |
| Pisek | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Walsh County, North Dakota
In Walsh County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Walsh County Appraisal District. The assessed value, however, 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 in Walsh County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Park River has the highest median tax bill at $2,775, while Pisek has the lowest at $642. Being aware of these valuation processes in Walsh County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Walsh County, North Dakota
Source: Ownwell
$43,000
$101,500
$160,000
Average Walsh County Assessed Value
$50,800
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Walsh County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Forest River | $57,600 | $57,600 | $57,600 | $57,600 | $57,600 |
| Grafton | $40,780 | $46,800 | $60,400 | $79,000 | $137,140 |
| Hoople | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 |
| Park River | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 |
| Pisek | $48,647 | $48,647 | $48,647 | $48,647 | $48,647 |
Source: Ownwell
Property Tax Bills Across Walsh County, North Dakota
In Walsh County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. For instance, the median home price in Walsh County is $50,800, which results in varying tax bills across different percentiles. Homeowners in the 25th percentile can expect a tax bill around $644, while those in the 75th percentile may see a bill closer to $1,639. At the 90th percentile, the tax bill can reach up to $3,006. Comparatively, the city of Park River has the highest median tax bill at $2,775, while Pisek has the lowest at $642. These property taxes significantly impact homeowners, influencing their overall housing costs and financial planning.
Average Walsh County Tax Bill
$926
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Walsh County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Forest River | $1,075 | $1,075 | $1,075 | $1,075 | $1,075 |
| Grafton | $716 | $857 | $1,127 | $1,441 | $2,558 |
| Hoople | $649 | $649 | $649 | $649 | $649 |
| Park River | $2,775 | $2,775 | $2,775 | $2,775 | $2,775 |
| Pisek | $642 | $642 | $642 | $642 | $642 |
Source: Ownwell