Dodge, Dunn County, North Dakota Property Taxes
The median property tax rate in Dodge, ND is 0.74%, considerably lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Dodge, the typical annual property tax bill reaches $254, well below the national median of $2,690. Property taxes in Dodge 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 Dodge'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 Dodge 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
Dodge, Dunn County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$253
$235
Ownwell’s Dodge Property Tax Bill Calculator assists homeowners, real estate investors, or potential buyers in estimating their annual property taxes in Dodge using just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dodge to provide an estimate of your property tax bill. This valuable tool helps you understand your 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 Dodge, Dunn County, North Dakota
Property taxes in Dodge, North Dakota, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dodge is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Dodge set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dodge 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 Dodge's effective property tax rate to other areas in North Dakota and the national median. For comparison, the zip code 58625 has the highest median property tax rate of 0.74%, while the same zip code also has the lowest median tax rate of 0.74%. Understanding how these areas compare with Dodge provides valuable insights into the varying tax landscape across Dunn County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dodge Tax Rate
0.74%
Average Dunn County Tax Rate
0.72%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dodge, Dunn County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58625 | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Dodge, Dunn County, North Dakota
In Dodge, 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 Dunn 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 Dodge, 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 Dodge helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Dodge is $34,205, with tax bills ranging from $146 at the 25th percentile to $692 at the 90th percentile. The highest and lowest median tax bills, both $254, are found in zip code 58625.
Property Tax Assessment Values Across Dodge, Dunn County, North Dakota
Source: Ownwell
$34,205
$111,510
$188,815
Average Dodge Assessed Value
$34,205
Average Dunn County Assessed Value
$119,040
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dodge, Dunn County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58625 | $14,144 | $19,705 | $34,205 | $60,130 | $90,451 |
Source: Ownwell
Property Tax Bills Across Dodge, Dunn County, North Dakota
In Dodge, located in Dunn County, ND, property tax bills are calculated based on the assessed value of a home, which is often a percentage of its market value. The median home price in Dodge is $34,205. Property tax rates are applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, thus impacting the tax bill. For homeowners in Dodge, the tax bill can vary significantly. The 25th percentile tax bill is $146, while the 75th percentile tax bill is $417. At the higher end, the 90th percentile tax bill reaches $692. Compared to the national median property tax rate of 0.99%, Dodge's property tax rates are relatively modest. This variability in tax bills means that homeowners can experience different financial impacts based on their property's assessed value. Understanding these factors is crucial for homeowners to anticipate and manage their annual property tax expenses.
Average Dodge Tax Bill
$254
Average Dunn County Tax Bill
$774
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Dodge, Dunn County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58625 | $92 | $146 | $254 | $417 | $692 |
Source: Ownwell