Emerado, Grand Forks County, North Dakota Property Taxes
Median Emerado, ND effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Emerado, ND home value: $113,250
Median annual Emerado, ND tax bill: $1,184, $1,216 lower than the national median property tax bill of $2,400.
How are property taxes in Grand Forks calculated?
Property taxes in Emerado, ND are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Emerado’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Emerado, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Emerado, Grand Forks County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$1,234
$1,146
Property Tax Rates Across Emerado, Grand Forks County, North Dakota
Local government entities are responsible for setting tax rates, which can differ significantly across a state. This variation occurs because each county, including Grand Forks County, assesses its budgetary needs annually to fund essential services. The budget is then divided by the total value of all taxable properties within the county, resulting in the property tax rate. While the process involves various votes and legislative actions, this is the fundamental approach.
In Emerado, located in Grand Forks County, the effective property tax rate is 1.09%, which is above the national median of 1.02%. This rate is reflective of the county's financial requirements and property values. Compared to the national median property tax bill of $2400, property owners in Emerado may experience higher costs due to the elevated rate.
This comparison highlights how Emerado's property tax rate aligns with or deviates from both state and national figures, providing valuable insight for property owners and potential buyers. Understanding these differences can aid in financial planning and decision-making related to property investments.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Emerado Tax Rate
1.09%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Grand Forks County Tax Rate
1.49%
Median Effective North Dakota Tax Rate
1.30%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Emerado, Grand Forks County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58228 | 0.98% | 1.00% | 1.09% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Emerado, Grand Forks County, North Dakota
When examining property taxes in Emerado, ND, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Grand Forks County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Grand Forks County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Emerado. For example, the median home price in Emerado is $113,250, with tax bills ranging significantly across the county. Zip code 58228 has the highest median home price at $113,250.
Property Tax Assessment Values Across Emerado, Grand Forks County, North Dakota
Source: Ownwell
$31,300
$130,600
$229,900
Median Emerado Market Value
$113,250
Median Grand Forks County Market Value
$201,100
Median North Dakota Market Value
$217,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Emerado, Grand Forks County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58228 | $47,690 | $81,725 | $113,250 | $152,150 | $213,320 |
Source: Ownwell
Property Tax Bills Across Emerado, Grand Forks County, North Dakota
In Emerado, located in Grand Forks County, ND, property tax bills are determined by assessing the property's market value and applying the local tax rate. Homeowners in Emerado typically see tax bills ranging from $776 at the 25th percentile to $1,615 at the 75th percentile, with the 90th percentile reaching $2,417. The median home price in the area is $113,250, and the local tax rate is applied to this assessed value to calculate the annual tax bill. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Emerado's property taxes are relatively lower, offering a more affordable option for homeowners.
For homeowners seeking to reduce their property tax bills, Ownwell's expertise can be invaluable. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can help clients in Emerado potentially lower their tax obligations. This service not only provides financial relief but also ensures that homeowners are not overpaying on their property taxes, making homeownership more affordable and manageable.
Median Emerado Tax Bill
$1,184
Median Grand Forks County Tax Bill
$2,953
Median North Dakota Tax Bill
$2,659
Median United States Tax Bill
$2,400
Property Tax Bills Across Emerado, Grand Forks County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58228 | $396 | $776 | $1,184 | $1,615 | $2,417 |
Source: Ownwell