Arthur, North Dakota Property Taxes
The median property tax rate in Arthur, ND is 1.07%, slightly higher than the national median of 0.99% but lower than the North Dakota state median of 1.30%. With the median home value in Arthur, the typical annual property tax bill reaches $1,766, which is below the national median of $2,690. Property taxes in Arthur 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 Arthur'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 Arthur 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
Arthur, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$1,684
$1,563
Ownwell’s Arthur Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Arthur with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arthur 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 Arthur, North Dakota
Property taxes in Arthur, 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 Arthur is 1.07%, higher than both the North Dakota state median and the U.S. national median of 0.99%. Local government entities within Arthur set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arthur 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 Arthur's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58006 zip code has both the highest and lowest median property tax rate of 1.07%. Understanding how these cities compare with Arthur 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 Arthur Tax Rate
1.07%
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 Arthur, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58006 | 0.82% | 1.03% | 1.07% | 1.11% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Arthur, North Dakota
In Arthur, 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 Arthur, 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 Arthur helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Arthur, both at $1766, are found in the 58006 zip code.
Average Arthur Assessed Value
$157,400
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 Arthur, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58006 | $13,980 | $103,600 | $157,400 | $236,450 | $324,680 |
Source: Ownwell
Property Tax Bills Across Arthur, North Dakota
In Arthur, located in Cass County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $157,400, homeowners in Arthur can expect a range of tax bills. At the 25th percentile, the tax bill is around $1,197, while at the 75th percentile, it reaches approximately $2,428. The 90th percentile sees tax bills as high as $3,475. Several factors influence these amounts, including the home's assessed value, any applicable exemptions, and local tax rates. Compared to the national median property tax rate of 0.99%, Arthur's tax rates may seem moderate, but they significantly impact homeowners' annual expenses. Understanding these components helps homeowners budget effectively and anticipate their financial obligations related to property ownership in Arthur.
Average Arthur Tax Bill
$1,766
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 Arthur, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58006 | $629 | $1,197 | $1,766 | $2,428 | $3,475 |
Source: Ownwell