Davenport, North Dakota Property Taxes
The median property tax rate in Davenport, ND is 1.49%, considerably higher than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Davenport, the typical annual property tax bill reaches $2,608, closely aligning with the national median of $2,690. Property taxes in Davenport 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 Davenport'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 Davenport 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
Davenport, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.49%
Estimate Property Tax Bill
$2,650
$2,459
Ownwell’s Davenport Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Davenport with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Davenport 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 Davenport, North Dakota
Property taxes in Davenport, North Dakota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Davenport is 1.49%, significantly higher than the U.S. national median of 0.99%. Local government entities within Davenport set these rates annually, and they can vary significantly across different neighborhoods. Each year, Davenport 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 Davenport's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58021 zip code has the highest median property tax rate of 1.49%, while the same zip code also has the lowest median tax rate of 1.49%. Understanding how these cities compare with Davenport 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 Davenport Tax Rate
1.49%
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 Davenport, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58021 | 1.10% | 1.28% | 1.49% | 1.49% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Davenport, North Dakota
In Davenport, 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 Davenport, 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 Davenport helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Davenport is $2608 in the 58021 zip code, while the lowest median tax bill is also $2608 in the same zip code.
Average Davenport Assessed Value
$177,850
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 Davenport, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58021 | $6,560 | $110,575 | $177,850 | $239,625 | $329,430 |
Source: Ownwell
Property Tax Bills Across Davenport, North Dakota
In Davenport, Cass County, ND, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the county assessor and is typically a percentage of the market value of the property. Homeowners in Davenport face a median property tax rate of 0.99%, aligning with the national median. Several factors influence the final tax bill, including the property's location, size, and any improvements made. For instance, the median home price in Davenport is $177,850, leading to varying tax bills. The 25th percentile tax bill is $1,926, while the 75th percentile reaches $3,375, and the 90th percentile hits $4,511. These property taxes fund essential services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Homeowners should be aware that higher property values or improvements can increase their tax liability, but these taxes are crucial for maintaining and enhancing public services.
Average Davenport Tax Bill
$2,608
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 Davenport, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58021 | $732 | $1,926 | $2,608 | $3,375 | $4,511 |
Source: Ownwell