Durbin, North Dakota Property Taxes
The median property tax rate in Durbin, ND is 0.89%, which is lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Durbin at $170,100, the typical annual property tax bill amounts to $1,779, falling below the national median of $2,690. Property taxes in Durbin 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 Durbin'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 Durbin 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
Durbin, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$1,514
$1,405
Ownwell’s Durbin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Durbin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Durbin 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 Durbin, North Dakota
Property taxes in Durbin, 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 Durbin is 0.89%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Durbin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Durbin 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 Durbin’s effective property tax rate to other areas in North Dakota and the national median. For comparison, the zip code 58059 has both the highest and lowest median property tax rate of 0.89%, aligning perfectly with Durbin’s rate. Understanding how these cities compare with Durbin 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 Durbin Tax Rate
0.89%
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 Durbin, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58059 | 0.88% | 0.88% | 0.89% | 0.94% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Durbin, North Dakota
In Durbin, 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 Durbin, 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 Durbin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,779 in zip code 58059, while the lowest also stands at $1,779 in the same zip code.
Average Durbin Assessed Value
$170,100
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 Durbin, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58059 | $1,640 | $22,175 | $170,100 | $243,125 | $266,120 |
Source: Ownwell
Property Tax Bills Across Durbin, North Dakota
In Durbin, ND, property tax bills are calculated based on the assessed value of the home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. For a home with a median price of $170,100, the property tax bill can vary significantly. The 25th percentile tax bill is around $575, while the 75th percentile tax bill reaches approximately $2,356. At the 90th percentile, homeowners might face a tax bill of about $2,774. These variations are influenced by factors such as property location, improvements, and local levy rates. Homeowners in Durbin should be aware that their property tax bill will impact their annual budget, potentially requiring careful financial planning. The median tax bill in Cass County is notably higher than the national median property tax rate of 0.99%, reflecting the local economic conditions and funding requirements for public services. Understanding these factors can help homeowners anticipate and manage their property tax obligations more effectively.
Average Durbin Tax Bill
$1,779
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 Durbin, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58059 | $199 | $575 | $1,779 | $2,356 | $2,774 |
Source: Ownwell