Orr, North Dakota Property Taxes
The median property tax rate in Orr, North Dakota is 0.98%, slightly below the national median of 0.99% and considerably lower than the North Dakota state median of 1.30%. With the median home value in Orr, the typical annual property tax bill reaches $411, significantly less than the national median of $2,690. Property taxes in Orr are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Orr'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 Orr 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
Orr, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$413
Ownwell’s ORR Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ORR with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ORR 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 Orr, North Dakota
Property taxes in ORR, North Dakota, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in ORR is 0.98%, which is slightly below the U.S. national median of 0.99%. Local government entities within ORR set these rates annually, and they can vary significantly across different neighborhoods. Each year, ORR 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 ORR's effective property tax rate to other areas in North Dakota and the national median. For comparison, the zip code 58244 has both the highest and lowest median property tax rate of 0.98%. Understanding how these areas compare with ORR provides valuable insights into the varying tax landscape across Grand Forks County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Orr Tax Rate
0.98%
Average Grand Forks County Tax Rate
1.49%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orr, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58244 | 0.98% | 0.98% | 0.98% | 0.98% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Orr, North Dakota
In ORR, 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 Grand Forks 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 ORR, 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 ORR helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 58244 at $411, while the lowest median tax bill is also in 58244 at $411, reflecting the consistency in property tax assessments across the area.
Average Orr Assessed Value
$42,100
Average Grand Forks County Assessed Value
$201,100
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Orr, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58244 | $42,100 | $42,100 | $42,100 | $42,100 | $42,100 |
Source: Ownwell
Property Tax Bills Across Orr, North Dakota
In ORR, Grand Forks County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is typically a percentage of the market value of the property. For instance, with a median home price of $42,100, the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and any improvements made to the property are considered in the assessment process. Homeowners in ORR face a median property tax bill of $411, which remains consistent across various percentiles, including the 25th, 75th, and 90th percentiles. This uniformity in tax bills indicates a stable and predictable tax environment for residents. Compared to the national median property tax rate of 0.99%, ORR homeowners benefit from relatively lower property tax bills, making it an attractive location for those looking to manage their housing costs effectively.
Average Orr Tax Bill
$411
Average Grand Forks County Tax Bill
$2,953
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Orr, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58244 | $411 | $411 | $411 | $411 | $411 |
Source: Ownwell