Alsen, North Dakota Property Taxes
The median property tax rate in Alsen, ND is 0.95%, which is slightly below the national median of 0.99% and significantly lower than the North Dakota state median of 1.30%. With a median home value in Alsen of $112,500, the typical annual property tax bill is $1,289, well below the national median of $2,690. Property taxes in Alsen are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Alsen'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 Alsen or another part of Cavalier County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Alsen, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$1,069
$992
Ownwell’s Alsen Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Alsen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alsen to provide an estimate of your property tax bill. This user-friendly tool helps you understand your potential tax liabilities. For those interested in more granular data, you can explore neighborhood-level trends by scrolling down. Your property’s assessed value, determined by Cavalier County, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Alsen, North Dakota
Property taxes in Alsen, North Dakota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Alsen is 1.01%, higher than both the North Dakota state median of 0.96% and the U.S. national median of 0.99%. Local government entities within Alsen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alsen 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 Alsen's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58311 zip code has the highest median property tax rate of 1.01%, while the 58311 zip code has the lowest median tax rate of 1.01%. Understanding how these cities compare with Alsen provides valuable insights into the varying tax landscape across Cavalier County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alsen Tax Rate
0.95%
Average Cavalier County Tax Rate
0.99%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alsen, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58311 | 0.95% | 0.95% | 0.95% | 1.05% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Alsen, North Dakota
In Alsen, 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 Cavalier 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 Alsen, 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. The highest median tax bill in Alsen is $1,289 in the 58311 zip code, while the lowest is also $1,289 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Alsen Assessed Value
$112,500
Average Cavalier County Assessed Value
$90,150
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alsen, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58311 | $29,460 | $60,600 | $112,500 | $147,900 | $169,140 |
Source: Ownwell
Property Tax Bills Across Alsen, North Dakota
In Alsen, Cavalier County, ND, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Alsen is $112,500. The tax bill can vary significantly, with the 25th percentile at $686 and the 75th percentile at $1,512. The 90th percentile tax bill reaches up to $1,645. These figures indicate that while some homeowners pay relatively low property taxes, others may have significantly higher bills depending on their property’s assessed value and specific tax rate. Several factors influence the property tax bill, including the home's assessed value, which is determined by the local assessor's office, and the tax rate set by local taxing authorities. These taxes fund essential public services such as schools, roads, and emergency services. For homeowners, understanding how these factors interplay is crucial for financial planning and budgeting. Compared to the national median property tax rate of 0.99%, Alsen’s property tax bills reflect the local economic conditions and public funding needs.
Average Alsen Tax Bill
$1,289
Average Cavalier County Tax Bill
$1,068
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Alsen, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58311 | $324 | $686 | $1,289 | $1,512 | $1,645 |
Source: Ownwell