Fullerton, North Dakota Property Taxes
The median property tax rate in Fullerton, ND is 1.10%, which is higher than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Fullerton, the typical annual property tax bill reaches $110, falling below the national median of $2,690. Property taxes in Fullerton 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 Fullerton'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 Fullerton 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
Fullerton, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$110
$102
Ownwell’s FULLERTON Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in FULLERTON with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in FULLERTON 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 Fullerton, North Dakota
Property taxes in FULLERTON, North Dakota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in FULLERTON is 1.10%, higher than both the North Dakota state median and the U.S. national median of 0.99%. Local government entities within FULLERTON set these rates annually, and they can vary significantly across different neighborhoods. Each year, FULLERTON 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 FULLERTON's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58441 zip code has both the highest and lowest median property tax rate of 1.10%, as it encompasses the same area. Understanding how these cities compare with FULLERTON provides valuable insights into the varying tax landscape across Dickey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fullerton Tax Rate
1.10%
Average Dickey County Tax Rate
1.30%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fullerton, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58441 | 1.07% | 1.10% | 1.10% | 1.10% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Fullerton, North Dakota
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Fullerton, 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 Dickey 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 Fullerton, 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 zip code with the highest and lowest median tax bill is 58441, with a median tax bill of $110. Being aware of these valuation processes in Fullerton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Fullerton Assessed Value
$10,000
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 Fullerton, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58441 | $5,300 | $7,400 | $10,000 | $44,300 | $276,400 |
Source: Ownwell
Property Tax Bills Across Fullerton, North Dakota
In Fullerton, located in Dickey County, ND, property tax bills are determined by assessing the value of a property and applying the local tax rate to that assessed value. The median home price in Fullerton is $10,000. The property tax rate in this region is calculated based on local government budgets and the total assessed value of properties within the jurisdiction. Homeowners in Fullerton can expect their tax bills to vary significantly depending on the value of their property. For example, the tax bill at the 25th percentile is $81, while at the 75th percentile, it rises to $486. The 90th percentile tax bill can go as high as $2,847. These variations highlight how property values and local tax rates impact what homeowners owe annually. The highest and lowest median tax bills in Fullerton are both $110, indicating a relatively narrow range for median property taxes. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Fullerton Tax Bill
$110
Average Dickey County Tax Bill
$656
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Fullerton, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58441 | $58 | $81 | $110 | $486 | $2,847 |
Source: Ownwell