Linton, North Dakota Property Taxes
The median property tax rate in Linton, ND is 0.80%, 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 Linton, the typical annual property tax bill amounts to $465, significantly below the national median of $2,690. Property taxes in Linton are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Linton'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 Linton 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
Linton, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$462
Ownwell’s Linton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Linton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Linton 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 Linton, North Dakota
Property taxes in Linton, North Dakota, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Linton is 0.80%, which is lower than the U.S. national median of 0.99%. Local government entities within Linton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Linton 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 Linton's effective property tax rate to other counties in North Dakota and the national median. For comparison, the zip code 58552 has both the highest and lowest median property tax rate of 0.80%. Understanding how these cities compare with Linton 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 Linton Tax Rate
0.80%
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 Linton, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58552 | 0.76% | 0.76% | 0.80% | 1.24% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Linton, North Dakota
In Linton, 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 local 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 Linton, 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 Linton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $465.00 in the 58552 zip code, which is also where the lowest median tax bill is found.
Average Linton Assessed Value
$57,800
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 Linton, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58552 | $6,557 | $12,158 | $57,800 | $126,550 | $218,240 |
Source: Ownwell
Property Tax Bills Across Linton, North Dakota
Property tax bills in Linton, located in Emmons County, ND, are calculated based on the assessed value of a property. The assessed value is determined by local government assessors and is a percentage of the property's market value. For instance, the median home price in Linton is $57,800. Factors such as property size, location, and improvements influence this assessed value. Once the assessed value is established, a property tax rate is applied. In Linton, the property tax rate can vary, but it is essential to note that the national median property tax rate is 0.99%. Homeowners in Linton may experience tax bills ranging significantly, with the 25th percentile at $92 and the 75th percentile reaching $1,191. At the 90th percentile, tax bills can be as high as $2,579. These property taxes fund essential community services like schools, public safety, and infrastructure, directly impacting homeowners by contributing to the quality of local amenities and services.
Average Linton Tax Bill
$465
Average Emmons County Tax Bill
$487
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Linton, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58552 | $50 | $92 | $465 | $1,191 | $2,579 |
Source: Ownwell