Argusville, North Dakota Property Taxes
The median property tax rate in Argusville, ND is 1.26%, slightly higher than the national median of 0.99% but just below the North Dakota state median of 1.30%. With the median home value in Argusville at $294,200, the typical annual property tax bill reaches $3,334, surpassing the national median of $2,690. Property taxes in Argusville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Argusville'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 Argusville 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
Argusville, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$3,707
$3,440
Ownwell’s Argusville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Argusville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Argusville 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 Argusville, North Dakota
Property taxes in Argusville, North Dakota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Argusville is 1.26%, significantly higher than the U.S. national median of 0.99%. Local government entities within Argusville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Argusville 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 Argusville's effective property tax rate to other areas in Cass County and the national median. For comparison, the zip code 58005 has the highest median property tax rate of 1.26%, while the same zip code also has the lowest median tax rate of 1.26%. Understanding how these areas compare with Argusville provides valuable insights into the varying tax landscape across Cass County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Argusville Tax Rate
1.26%
Average Cass County Tax Rate
1.42%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Argusville, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58005 | 0.82% | 0.87% | 1.26% | 1.34% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Argusville, North Dakota
In Argusville, North Dakota, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Cass 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 Argusville, 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 Argusville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the median tax bill in zip code 58005 is $3,334, which is among the highest and lowest in the area.
Property Tax Assessment Values Across Argusville, North Dakota
Source: Ownwell
$79,400
$233,925
$388,450
Average Argusville Assessed Value
$294,200
Average Cass County Assessed Value
$223,400
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Argusville, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58005 | $96,550 | $191,950 | $294,200 | $369,775 | $427,850 |
Source: Ownwell
Property Tax Bills Across Argusville, North Dakota
In Argusville, located in Cass County, ND, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The median home price in Argusville is $294,200. To determine the tax bill, the local tax rate is applied to the assessed value. Various factors influence the assessed value, including the property's size, location, and condition. Homeowners in Argusville can expect their property tax bills to vary widely. For instance, the 25th percentile tax bill is $2,094, while the 75th percentile tax bill can be as high as $4,519, and the 90th percentile reaches $5,091. Comparatively, the national median property tax rate is 0.99%, making Argusville's rates significant in context. The highest and lowest median tax bills in the area are both $3,334, found in the 58005 zip code. These property taxes fund essential local services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life.
Average Argusville Tax Bill
$3,334
Average Cass County Tax Bill
$3,332
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Argusville, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58005 | $1,440 | $2,094 | $3,334 | $4,519 | $5,091 |
Source: Ownwell