Noonan, North Dakota Property Taxes
The median property tax rate in Noonan, ND is 1.09%, slightly higher than the national median of 0.99% but lower than the North Dakota state median of 1.30%. With a median home value of $46,950 in Noonan, the typical annual property tax bill is $545, significantly below the national median of $2,690. Property taxes in Noonan are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Noonan'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 Noonan or another part of Divide County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Noonan, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$512
-$5,363
Ownwell’s Noonan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Noonan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Noonan 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 Noonan, North Dakota
Property taxes in Noonan, North Dakota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Noonan is 1.09%, higher than both the North Dakota state median and the U.S. national median of 0.99%. Local government entities within Noonan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Noonan 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 Noonan's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58765 zip code has the highest median property tax rate of 1.09%, while the 58765 zip code also has the lowest median tax rate of 1.09%. Understanding how these cities compare with Noonan provides valuable insights into the varying tax landscape across Divide County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Noonan Tax Rate
1.09%
Average Divide County Tax Rate
1.04%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Noonan, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58765 | 1.03% | 1.09% | 1.09% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Noonan, North Dakota
In Noonan, 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 Divide 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 Noonan, 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 Noonan helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Noonan is $545.00, found in the 58765 zip code, while the lowest median tax bill is also $545.00 in the same zip code.
Average Noonan Assessed Value
$46,950
Average Divide County Assessed Value
$81,050
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Noonan, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58765 | $34,700 | $34,925 | $46,950 | $55,025 | $72,680 |
Source: Ownwell
Property Tax Bills Across Noonan, North Dakota
In Noonan, Divide County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate applied to this assessed value is crucial in determining the final tax bill. For instance, with a median home price of $46,950, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applicable in their area. Factors such as property size, location, and improvements made to the property also play a significant role in the assessment process. Homeowners in Noonan typically see tax bills ranging from $394 at the 25th percentile to $834 at the 90th percentile, reflecting the diversity in property values and tax rates within the area. Compared to the national median property tax rate of 0.99%, Noonan's property taxes may seem relatively modest, but they still represent a significant expense for homeowners, impacting their overall cost of living and financial planning.
Average Noonan Tax Bill
$545
Average Divide County Tax Bill
$884
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Noonan, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58765 | $371 | $394 | $545 | $609 | $834 |
Source: Ownwell