Wells County Property Taxes
The median property tax rate in Wells County is 0.66%, which is significantly lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Wells County, the typical annual property tax bill is $862, far below the national median of $2,690. Property taxes in Wells County are calculated based on the tax assessed value, often lower than the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Wells 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 Fessenden or another part of Wells County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wells County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$2,600
Ownwell’s Wells County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Wells County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Wells 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 Wells County, North Dakota
Property taxes in Wells County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Wells County is 0.66%, which is lower than the U.S. national median of 0.99%. Local government entities within Wells County set these rates annually, and they can vary significantly between different areas within the county. Each year, Wells 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. The following data compares Wells County's effective property tax rate with other counties in North Dakota and the national median. For comparison, the city of Fessenden has one of the higher property tax rates in North Dakota at 0.93%, while the city of Martin boasts one of the lowest at 0.41%. Analyzing how Wells County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Wells County Tax Rate
0.66%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wells County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bowdon | N/A | N/A | N/A | N/A | N/A |
| Cathay | 0.23% | 0.41% | 0.54% | 0.64% | 0.75% |
| Chaseley | N/A | N/A | N/A | N/A | N/A |
| Fessenden | 0.20% | 0.50% | 0.93% | 1.25% | 2.04% |
| Harvey | 0.15% | 0.41% | 0.87% | 1.10% | 1.54% |
| Heaton | 0.41% | 0.41% | 0.42% | 0.47% | 0.50% |
| Heimdal | 0.34% | 0.38% | 0.40% | 0.41% | 0.45% |
| Hurdsfield | 0.30% | 0.39% | 0.43% | 0.50% | 0.55% |
| Maddock | N/A | N/A | N/A | N/A | N/A |
| Manfred | 0.39% | 0.40% | 0.41% | 0.41% | 0.44% |
| Martin | 0.29% | 0.40% | 0.41% | 0.42% | 0.42% |
| New Rockford | 0.20% | 0.41% | 0.41% | 0.44% | 0.45% |
| Sheyenne | 0.20% | 0.43% | 0.43% | 0.45% | 0.45% |
| Sykeston | 0.15% | 0.50% | 0.55% | 0.59% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Wells County, North Dakota
In Wells 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 Wells 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 Wells 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. In Wells County, Heaton boasts the highest median tax bill at $1,768, while Hurdsfield has the lowest at $127. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Wells County, North Dakota
Source: Ownwell
$33,000
$222,440
$411,880
Average Wells County Assessed Value
$119,440
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wells County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bowdon | N/A | N/A | N/A | N/A | N/A |
| Cathay | $5,402 | $15,075 | $79,160 | $210,255 | $391,080 |
| Chaseley | N/A | N/A | N/A | N/A | N/A |
| Fessenden | $18,436 | $42,680 | $93,250 | $170,580 | $253,580 |
| Harvey | $43,224 | $93,300 | $173,620 | $283,630 | $398,716 |
| Heaton | $241,192 | $305,200 | $411,880 | $414,680 | $416,360 |
| Heimdal | $6,200 | $12,750 | $41,080 | $93,415 | $131,710 |
| Hurdsfield | $3,600 | $17,700 | $33,000 | $97,650 | $185,980 |
| Maddock | N/A | N/A | N/A | N/A | N/A |
| Manfred | $37,336 | $51,930 | $81,560 | $99,000 | $212,672 |
| Martin | $146,072 | $239,680 | $281,120 | $318,440 | $382,328 |
| New Rockford | $11,916 | $34,665 | $95,240 | $173,120 | $253,484 |
| Sheyenne | $187,456 | $215,080 | $228,600 | $300,360 | $439,776 |
| Sykeston | $14,116 | $32,700 | $81,600 | $162,920 | $290,416 |
Source: Ownwell
Property Tax Bills Across Wells County, North Dakota
In Wells County, ND, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. The assessed value typically reflects a percentage of the property's market value. Once the assessed value is established, the local tax rate, or mill rate, is applied to calculate the annual tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions or abatements. For instance, the median home price in Wells County is $119,440. Tax bills can vary significantly within the county; the 25th percentile tax bill is $245, while the 75th percentile reaches $1,604, and the 90th percentile can go up to $2,428. Homeowners in Wells County experience a range of tax burdens, with Heaton having the highest median tax bill at $1,768 and Hurdsfield the lowest at $127. These variations can significantly impact homeowners' financial planning and overall cost of living.
Average Wells County Tax Bill
$862
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Wells County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bowdon | N/A | N/A | N/A | N/A | N/A |
| Cathay | $33 | $68 | $348 | $736 | $1,507 |
| Chaseley | N/A | N/A | N/A | N/A | N/A |
| Fessenden | $120 | $435 | $859 | $1,328 | $1,769 |
| Harvey | $156 | $682 | $1,300 | $2,046 | $2,798 |
| Heaton | $995 | $1,285 | $1,768 | $1,965 | $2,083 |
| Heimdal | $19 | $43 | $156 | $312 | $547 |
| Hurdsfield | $13 | $46 | $127 | $471 | $718 |
| Maddock | N/A | N/A | N/A | N/A | N/A |
| Manfred | $152 | $212 | $320 | $440 | $847 |
| Martin | $125 | $608 | $1,013 | $1,253 | $1,549 |
| New Rockford | $11 | $101 | $414 | $718 | $910 |
| Sheyenne | $418 | $934 | $1,019 | $1,304 | $1,969 |
| Sykeston | $41 | $145 | $338 | $769 | $1,522 |
Source: Ownwell