Killdeer, North Dakota Property Taxes
The median property tax rate in Killdeer, ND is 0.75%, which is notably lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Killdeer at $188,815, the typical annual property tax bill amounts to $1,339, significantly below the national median of $2,690. Property taxes in Killdeer are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Killdeer's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Killdeer 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
Killdeer, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$1,416
Ownwell’s Killdeer Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Killdeer with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Killdeer 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 Killdeer, North Dakota
Property taxes in Killdeer, 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 Killdeer is 0.75%, which is lower than the U.S. national median of 0.99%. Local government entities within Killdeer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Killdeer 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 Killdeer's effective property tax rate to other counties in North Dakota and the national median. For comparison, the zip code 58640 has the highest median property tax rate of 0.75%, while the same zip code also has the lowest median tax rate of 0.75%. Understanding how these cities compare with Killdeer 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 Killdeer Tax Rate
0.75%
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 Killdeer, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58640 | 0.61% | 0.75% | 0.75% | 0.75% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Killdeer, North Dakota
In Killdeer, 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 Killdeer, 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 Killdeer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Killdeer is $1339 in the 58640 zip code, while the lowest median tax bill is also $1339 in the same zip code. The median home price in Killdeer is $188,815, with tax bills ranging from $885 at the 25th percentile to $2409 at the 90th percentile.
Average Killdeer Assessed Value
$188,815
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 Killdeer, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58640 | $73,253 | $128,835 | $188,815 | $256,832 | $341,143 |
Source: Ownwell
Property Tax Bills Across Killdeer, North Dakota
In Killdeer, located in Dunn County, ND, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value and applies an assessment ratio. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For homeowners in Killdeer, the tax bills can vary significantly. The median home price in the area is $188,815, and tax bills range from $885 at the 25th percentile to $2,409 at the 90th percentile. This variability is influenced by factors such as property location, size, and improvements. The median tax bill in the zip code 58640 is $1,339, which is higher than the national median property tax rate of 0.99%. These property taxes fund essential community services, including schools, public safety, and infrastructure, directly impacting the quality of life for homeowners.
Average Killdeer Tax Bill
$1,339
Average Dunn County Tax Bill
$774
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Killdeer, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58640 | $498 | $885 | $1,339 | $1,870 | $2,409 |
Source: Ownwell