Baldwin, North Dakota Property Taxes
The median property tax rate in Baldwin, North Dakota is 0.79%, 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 $225,100 in Baldwin, the typical annual property tax bill amounts to $1,830, falling below the national median of $2,690. Property taxes in Baldwin are calculated based on the assessed value, which is often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Baldwin'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 Baldwin 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
Baldwin, North Dakota 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 Baldwin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Baldwin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Baldwin 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 Baldwin, North Dakota
Property taxes in Baldwin, 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 Baldwin is 1.09%, higher than both the North Dakota state median of 0.99% and the U.S. national median of 0.99%. Local government entities within Baldwin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Baldwin 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 Baldwin's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58521 zip code has the highest median property tax rate of 1.09%, while the same zip code also has the lowest median tax rate of 1.09%. Understanding how these cities compare with Baldwin provides valuable insights into the varying tax landscape across Burleigh County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Baldwin Tax Rate
0.79%
Average Burleigh County Tax Rate
1.14%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Baldwin, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58521 | 0.68% | 0.73% | 0.79% | 0.80% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Baldwin, North Dakota
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Baldwin, 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 Burleigh 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 Baldwin, 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. For instance, the highest median tax bill in Baldwin is $1,830 in zip code 58521. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Baldwin Assessed Value
$225,100
Average Burleigh County Assessed Value
$262,900
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Baldwin, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58521 | $37,345 | $101,000 | $225,100 | $361,500 | $505,160 |
Source: Ownwell
Property Tax Bills Across Baldwin, North Dakota
In Baldwin, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Baldwin is $225,100, and this figure plays a crucial role in determining the tax bill. Tax rates are applied to the assessed value, and homeowners receive their annual tax bills accordingly. For instance, the 25th percentile tax bill is $716, while the 75th percentile tax bill reaches $3,136. At the 90th percentile, homeowners can expect to pay as much as $4,035 in property taxes. These figures highlight the range of property tax obligations in Baldwin. The highest and lowest median tax bills in the area are both recorded at $1,830, indicating some consistency in tax assessments. Compared to the national median property tax rate of 0.99%, Baldwin's property tax rates can significantly impact homeowners, influencing their overall financial planning and the affordability of homeownership in the region.
Average Baldwin Tax Bill
$1,830
Average Burleigh County Tax Bill
$2,929
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Baldwin, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58521 | $260 | $716 | $1,830 | $3,136 | $4,035 |
Source: Ownwell