Kindred, North Dakota Property Taxes
The median property tax rate in Kindred, ND is 1.41%, 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 Kindred, the typical annual property tax bill reaches $3,372, exceeding the national median of $2,690. Property taxes in Kindred 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 Kindred'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 Kindred 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
Kindred, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$3,536
$3,282
Ownwell’s Kindred Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kindred with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kindred 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 Kindred, North Dakota
Property taxes in Kindred, North Dakota, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Kindred is 1.41%, significantly higher than the U.S. national median of 0.99%. Local government entities within Kindred set these rates annually, and they can vary across different neighborhoods. Each year, Kindred 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 Kindred's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58051 zip code has the highest median property tax rate of 1.41%, while the same zip code also has the lowest median tax rate of 1.41%. Understanding how these cities compare with Kindred 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 Kindred Tax Rate
1.41%
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 Kindred, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58051 | 1.08% | 1.11% | 1.41% | 1.46% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Kindred, North Dakota
In Kindred, 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 Kindred, 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 Kindred helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Kindred are both $3,372 in the 58051 zip code.
Average Kindred Assessed Value
$250,800
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 Kindred, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58051 | $41,160 | $167,400 | $250,800 | $355,500 | $479,560 |
Source: Ownwell
Property Tax Bills Across Kindred, North Dakota
In Kindred, Cass County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the market value, adjusted for any exemptions or reductions that may apply. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the tax bill, including the home's market value, local tax rates, and any applicable exemptions. For instance, the median home price in Kindred is $250,800. Homeowners in the 25th percentile can expect a tax bill around $2,461, while those in the 75th percentile might see a bill close to $4,759. At the 90th percentile, the tax bill can reach up to $7,120. These property taxes fund essential community services such as schools, public safety, and infrastructure. Understanding how these factors affect your tax bill can help homeowners anticipate their annual expenses and plan their finances accordingly.
Average Kindred Tax Bill
$3,372
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 Kindred, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58051 | $1,247 | $2,461 | $3,372 | $4,759 | $7,120 |
Source: Ownwell