Pillsbury, North Dakota Property Taxes
The median property tax rate in Pillsbury, ND is 1.32%, slightly higher than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Pillsbury, the typical annual property tax bill reaches $246, which is significantly lower than the national median of $2,690. Property taxes in Pillsbury are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pillsbury'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 Pillsbury 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
Pillsbury, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.32%
Estimate Property Tax Bill
$299
Ownwell’s Pillsbury Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pillsbury with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pillsbury 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 Pillsbury, North Dakota
Property taxes in Pillsbury, North Dakota, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pillsbury is 1.32%, significantly higher than the U.S. national median of 0.99%. Local government entities within Pillsbury set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pillsbury 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 Pillsbury's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58065 zip code has the highest median property tax rate of 1.32%, while the same zip code also has the lowest median tax rate of 1.32%. Understanding how these areas compare with Pillsbury provides valuable insights into the varying tax landscape across Barnes County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pillsbury Tax Rate
1.32%
Average Barnes County Tax Rate
1.12%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pillsbury, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58065 | 0.99% | 0.99% | 1.32% | 1.32% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Pillsbury, North Dakota
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Pillsbury, North Dakota. 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 Barnes 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 in Pillsbury 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. Pillsbury's median home price is $22,650, with tax bills ranging from $103 at the 25th percentile to $800 at the 90th percentile. The highest and lowest median tax bills, both $246, are found in zip code 58065. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pillsbury Assessed Value
$22,650
Average Barnes County Assessed Value
$86,700
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pillsbury, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58065 | $3,350 | $7,375 | $22,650 | $42,675 | $58,400 |
Source: Ownwell
Property Tax Bills Across Pillsbury, North Dakota
In Pillsbury, located in Barnes County, ND, property tax bills are calculated based on the assessed value of a property. The assessed value is a percentage of the market value determined by local assessors. For example, with a median home price of $22,650, the tax bill can vary significantly. The 25th percentile tax bill is around $103, while the 75th percentile tax bill reaches $402, and the 90th percentile tax bill can be as high as $800. These figures highlight the range of property tax burdens homeowners can face. Factors that influence the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. Comparatively, the highest and lowest median tax bills in the region are both $246, indicating a consistent tax landscape within the zip code 58065. Understanding these factors is crucial for homeowners as property taxes directly impact annual housing costs and overall affordability.
Average Pillsbury Tax Bill
$246
Average Barnes County Tax Bill
$1,027
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Pillsbury, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58065 | $71 | $103 | $246 | $402 | $800 |
Source: Ownwell