Hunter, North Dakota Property Taxes
The median property tax rate in Hunter, ND is 1.32%, higher than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Hunter, the typical annual property tax bill reaches $1,615, which is below the national median of $2,690. Property taxes in Hunter 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 Hunter'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 Hunter 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
Hunter, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.32%
Estimate Property Tax Bill
$1,551
Ownwell’s Hunter Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hunter with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hunter 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 Hunter, North Dakota
Property taxes in Hunter, 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 Hunter is 1.32%, which is notably higher than the U.S. national median of 0.99%. Local government entities within Hunter set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hunter 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 Hunter's effective property tax rate to other counties in North Dakota and the national median. For comparison, the zip code 58048 has the highest median property tax rate of 1.32%, while the same zip code also has the lowest median tax rate of 1.32%. Understanding how these areas compare with Hunter 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 Hunter Tax Rate
1.32%
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 Hunter, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58048 | 0.82% | 1.14% | 1.32% | 1.47% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Hunter, North Dakota
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Hunter, 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 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 Hunter, 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. For example, the median home price in Hunter is $117,500, with tax bills ranging widely. The 25th percentile tax bill is $997, while the 75th percentile tax bill reaches $2,229. The highest median tax bill, found in the 58048 zip code, is $1,615. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Hunter Assessed Value
$117,500
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 Hunter, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58048 | $5,280 | $58,150 | $117,500 | $189,050 | $272,900 |
Source: Ownwell
Property Tax Bills Across Hunter, North Dakota
In Hunter, ND, property tax bills are calculated based on the assessed value of a home, which is determined by the Cass County Assessor's Office. This assessed value is then multiplied by the local tax rate to establish the annual property tax bill. Factors considered in this assessment include the property's market value, location, and any improvements or renovations made to the home. For homeowners in Hunter, the median home price is $117,500, resulting in varying tax bills. For instance, the 25th percentile tax bill is $997, while the 75th percentile reaches $2,229. The highest tax bills, at the 90th percentile, can go up to $2,883. Comparatively, the national median property tax rate is 0.99%, making Hunter's tax rates competitive. This variation in tax bills affects homeowners differently, with higher-valued properties incurring more substantial tax obligations. Understanding these factors helps homeowners anticipate their annual property tax responsibilities and plan their finances accordingly.
Average Hunter Tax Bill
$1,615
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 Hunter, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58048 | $377 | $997 | $1,615 | $2,229 | $2,883 |
Source: Ownwell