Grant County Property Taxes
The median property tax rate in Grant County is 0.99%, which aligns with the national median of 0.99% but is lower than the North Dakota state median of 1.30%. With a median home value of $49,750 in Grant County, the typical annual property tax bill amounts to $445, significantly below the national median of $2,690. Property taxes in Grant County are determined based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions, such as the primary residence and agricultural exemptions. Understanding Grant County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Carson or another part of Grant County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Grant County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$493
$457
Ownwell’s Grant County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Grant County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Grant County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Grant County, North Dakota
Property taxes in Grant County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Grant County is 0.99%, which aligns with the U.S. national median of 0.99%. Local government entities within Grant County set these rates annually, and they can vary significantly between different areas within the county. Each year, Grant County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Grant County's effective property tax rate with other regions in North Dakota and the national median. For comparison, the city of New Leipzig has one of the higher property tax rates in North Dakota at 1.49%, while the city of Carson boasts one of the lowest at 0.68%. Analyzing how Grant County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Grant County Tax Rate
0.99%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grant County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carson | 0.31% | 0.38% | 0.68% | 0.99% | 1.00% |
| Elgin | 0.18% | 0.29% | 1.13% | 1.40% | 1.47% |
| Flasher | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% |
| Leith | N/A | N/A | N/A | N/A | N/A |
| New Leipzig | 0.71% | 0.97% | 1.49% | 3.36% | 4.16% |
| Raleigh | N/A | N/A | N/A | N/A | N/A |
| Shields | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Grant County, North Dakota
In Grant County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Grant County Appraisal District. The assessed value, however, 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 Grant County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, in Flasher, the highest median tax bill reaches $614, while in Shields, the lowest median tax bill is $197. Being aware of these valuation processes in Grant County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Grant County, North Dakota
Source: Ownwell
$23,200
$39,475
$55,750
Average Grant County Assessed Value
$49,750
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Grant County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carson | $30,210 | $37,575 | $52,650 | $71,400 | $106,560 |
| Elgin | $18,680 | $26,200 | $55,750 | $66,075 | $81,340 |
| Flasher | $43,800 | $43,800 | $43,800 | $43,800 | $43,800 |
| Leith | N/A | N/A | N/A | N/A | N/A |
| New Leipzig | $9,000 | $15,950 | $32,500 | $42,450 | $48,400 |
| Raleigh | N/A | N/A | N/A | N/A | N/A |
| Shields | $23,200 | $23,200 | $23,200 | $23,200 | $23,200 |
Source: Ownwell
Property Tax Bills Across Grant County, North Dakota
In Grant County, ND, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Grant County is $49,750. The property tax rate is applied to this assessed value to determine the tax bill. Factors such as property location, improvements, and exemptions also play a role in the final amount. For instance, the tax bill at the 25th percentile is $209, while at the 75th percentile, it rises to $832. The 90th percentile tax bill reaches $1,270, reflecting the varying property values and assessments within the county. Homeowners in Flasher face the highest median tax bill at $614, whereas those in Shields benefit from the lowest at $197. Compared to the national median property tax rate of 0.99%, Grant County offers a relatively affordable property tax landscape, which can significantly impact homeowners' financial planning and overall cost of living.
Average Grant County Tax Bill
$445
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Grant County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carson | $165 | $206 | $240 | $361 | $554 |
| Elgin | $79 | $106 | $250 | $573 | $895 |
| Flasher | $614 | $614 | $614 | $614 | $614 |
| Leith | N/A | N/A | N/A | N/A | N/A |
| New Leipzig | $78 | $381 | $483 | $816 | $897 |
| Raleigh | N/A | N/A | N/A | N/A | N/A |
| Shields | $197 | $197 | $197 | $197 | $197 |
Source: Ownwell