Griggs County Property Taxes
The median property tax rate in Griggs County is 0.91%, which is lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Griggs County at $68,520, the typical annual property tax bill is approximately $614, significantly less than the national median of $2,690. Property taxes in Griggs County are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Griggs 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 Cooperstown or another part of Griggs County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Griggs County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$624
Ownwell’s Griggs County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Griggs County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Griggs 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 Griggs County, North Dakota
Property taxes in Griggs County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Griggs County is 0.91%, which is lower than the U.S. national median of 0.99%. Local government entities within Griggs County set these rates annually, and they can vary significantly between different areas within the county. Each year, Griggs 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. For comparison, the city of Sutton has one of the higher property tax rates in North Dakota at 1.01%, while the city of McHenry boasts one of the lowest at 0.87%. Analyzing how Griggs County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Griggs County Tax Rate
0.91%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Griggs County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aneta | 0.88% | 0.88% | 0.89% | 0.90% | 0.95% |
| Binford | 0.85% | 0.87% | 0.91% | 0.94% | 1.38% |
| Cooperstown | 0.87% | 0.88% | 0.92% | 0.97% | 1.46% |
| Dazey | 0.91% | 0.91% | 0.94% | 0.96% | 0.96% |
| Hannaford | 0.86% | 0.88% | 0.91% | 0.95% | 0.99% |
| Jessie | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% |
| Luverne | 0.83% | 0.85% | 0.88% | 0.95% | 0.96% |
| Mchenry | 0.86% | 0.87% | 0.87% | 0.88% | 0.89% |
| Sutton | 0.57% | 0.94% | 1.01% | 1.03% | 1.03% |
| Wimbledon | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% |
Source: Ownwell
Property Tax Assessment Values Across Griggs County, North Dakota
In Griggs 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 Griggs 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 Griggs 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, Dazey has the highest median tax bill at $1,022, while Wimbledon has the lowest at $156. Being aware of these valuation processes in Griggs 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 Griggs County, North Dakota
Source: Ownwell
$34,602
$70,362
$106,121
Average Griggs County Assessed Value
$68,520
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Griggs County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aneta | $14,897 | $21,688 | $34,602 | $80,614 | $144,634 |
| Binford | $13,429 | $32,039 | $62,109 | $98,118 | $156,167 |
| Cooperstown | $11,112 | $37,556 | $84,044 | $121,348 | $169,088 |
| Dazey | $30,773 | $62,012 | $106,121 | $137,787 | $146,627 |
| Hannaford | $15,778 | $21,699 | $55,352 | $124,459 | $196,264 |
| Jessie | $53,968 | $53,968 | $53,968 | $53,968 | $53,968 |
| Luverne | $29,211 | $41,971 | $69,578 | $132,918 | $149,857 |
| Mchenry | $52,564 | $61,740 | $77,034 | $92,328 | $101,504 |
| Sutton | $3,986 | $43,369 | $99,988 | $152,312 | $163,100 |
| Wimbledon | $72,980 | $72,980 | $72,980 | $72,980 | $72,980 |
Source: Ownwell
Property Tax Bills Across Griggs County, North Dakota
In Griggs County, ND, property tax bills are calculated based on the assessed value of the property, which is derived from the market value. The tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property location, size, and improvements can influence the assessed value. For instance, the median home price in Griggs County is $68,520, and property tax bills vary widely. Homeowners in the 25th percentile pay around $282, while those in the 75th percentile face bills of about $1,122. The 90th percentile sees even higher bills, reaching up to $1,582. Comparatively, Griggs County's property tax rates are quite varied. Dazey has the highest median tax bill at $1,022, while Wimbledon has the lowest at $156. These variations can significantly impact homeowners, affecting their annual expenses and overall cost of living. Understanding these factors can help homeowners anticipate and manage their property tax obligations more effectively.
Average Griggs County Tax Bill
$614
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Griggs County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aneta | $133 | $191 | $309 | $730 | $1,301 |
| Binford | $141 | $255 | $516 | $886 | $1,439 |
| Cooperstown | $183 | $390 | $804 | $1,242 | $1,585 |
| Dazey | $292 | $595 | $1,022 | $1,310 | $1,361 |
| Hannaford | $145 | $217 | $487 | $1,051 | $1,784 |
| Jessie | $481 | $481 | $481 | $481 | $481 |
| Luverne | $252 | $366 | $598 | $1,278 | $1,382 |
| Mchenry | $454 | $538 | $678 | $818 | $902 |
| Sutton | $17 | $41 | $1,007 | $1,565 | $1,676 |
| Wimbledon | $156 | $156 | $156 | $156 | $156 |
Source: Ownwell