Dickey County Property Taxes
The median property tax rate in Dickey County is 1.30%, which matches the North Dakota state median but is higher than the national median of 0.99%. With a median home value of $49,700, the typical annual property tax bill in Dickey County is $656, significantly lower than the national median of $2,690. Property taxes in Dickey County are calculated based on the tax assessed value, generally lower than the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Dickey County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Ellendale or another part of Dickey County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dickey County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$646
$600
Ownwell’s Dickey County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dickey County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dickey County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Dickey County, North Dakota
Property taxes in Dickey County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dickey County is 1.30%, which is higher than the U.S. national median of 0.99%. Local government entities within Dickey County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dickey County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Dickey County's effective property tax rate with other counties in North Dakota and the national median. For comparison, the city of Ellendale has one of the higher property tax rates in North Dakota at 1.65%, while the city of Lamoure boasts one of the lowest at 0.89%. Analyzing how Dickey County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dickey County Tax Rate
1.30%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Dickey County, North Dakota
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Dickey County. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Dickey County Appraisal District. The assessed value, however, 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. Assessment notices in Dickey County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Dickey County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Dickey County, Ellendale has the highest median tax bill at $834, while Fullerton has the lowest at $110. The median home price in the county is $49,700, with tax bills ranging from $218 at the 25th percentile to $1,631 at the 90th percentile.
Property Tax Assessment Values Across Dickey County, North Dakota
Source: Ownwell
$6,000
$35,550
$65,100
Average Dickey County Assessed Value
$49,700
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dickey County, North Dakota
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ellendale | $11,350 | $29,300 | $53,600 | $101,725 | $126,960 |
Forbes | $1,630 | $2,950 | $19,000 | $46,150 | $73,450 |
Fullerton | $5,300 | $7,400 | $10,000 | $44,300 | $276,400 |
Lamoure | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 |
Monango | $1,520 | $3,050 | $7,450 | $51,550 | $124,540 |
Oakes | $11,690 | $28,875 | $65,100 | $107,350 | $132,720 |
Source: Ownwell
Property Tax Bills Across Dickey County, North Dakota
In Dickey County, ND, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Local tax rates are then applied to this assessed value to determine the annual tax bill. Several factors influence the final tax amount, including property location, home size, and applicable exemptions. For example, the median home price in the county is $49,700, and tax bills can vary significantly. The 25th percentile tax bill is $218, while the 75th percentile reaches $1,118, and the 90th percentile can go up to $1,631. Homeowners in Ellendale face the highest median tax bill at $834, contrasting sharply with Fullerton, where the lowest median tax bill is just $110. These variations can significantly impact homeowners, as higher tax bills may affect affordability and overall financial planning. By understanding these factors, homeowners can better anticipate their property tax obligations and manage their finances accordingly.
Average Dickey County Tax Bill
$656
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690