Hague, North Dakota Property Taxes
The median property tax rate in Hague, ND is 0.94%, slightly below the national median of 0.99% and significantly lower than North Dakota's state median of 1.30%. With a median home value of $60,200 in Hague, the typical annual property tax bill amounts to $699, which is well below the national median of $2,690. Property taxes in Hague are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Hague'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 Hague or another part of Emmons County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hague, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$566
Ownwell’s Hague Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hague with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hague 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 Hague, North Dakota
Property taxes in Hague, 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 Hague is 0.94%, which is slightly below the U.S. national median of 0.99%. Local government entities within Hague set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hague 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 Hague's effective property tax rate to other areas in Emmons County and the national median. For comparison, the 58542 zip code has the highest median property tax rate of 0.94%, while it also has the lowest median tax rate of 0.94%. Understanding how these figures compare with Hague provides valuable insights into the varying tax landscape across Emmons County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hague Tax Rate
0.94%
Average Emmons County Tax Rate
0.94%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hague, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58542 | 0.68% | 0.72% | 0.94% | 1.16% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Hague, North Dakota
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Hague, North Dakota. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Emmons 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. Assessment notices in Hague 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Hague are both $699, found in the 58542 zip code.
Average Hague Assessed Value
$60,200
Average Emmons County Assessed Value
$50,750
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hague, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58542 | $40,240 | $52,600 | $60,200 | $154,100 | $171,260 |
Source: Ownwell
Property Tax Bills Across Hague, North Dakota
In Hague, located in Emmons County, ND, property tax bills are determined based on the assessed value of a property and the local tax rate. The assessed value is a percentage of the market value of the home, which is then multiplied by the local tax rate to calculate the annual tax bill. For instance, with a median home price of $60,200, the tax bills in Hague can vary significantly. Homeowners at the 25th percentile pay approximately $374, while those at the 75th percentile see bills around $1,307. The highest median tax bill in the area is $699.00, which corresponds to the zip code 58542. These tax bills can have a considerable impact on homeowners, influencing their monthly budgets and long-term financial planning. Compared to the national median property tax rate of 0.99%, Hague's property tax rates can be seen as relatively moderate, offering some financial relief to its residents. Understanding these factors can help homeowners better anticipate their annual expenses and plan accordingly.
Average Hague Tax Bill
$699
Average Emmons County Tax Bill
$487
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Hague, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58542 | $358 | $374 | $699 | $1,307 | $1,388 |
Source: Ownwell