Berlin, North Dakota Property Taxes
The median property tax rate in Berlin, ND is 1.40%, considerably higher than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Berlin, the typical annual property tax bill reaches $42, which is significantly lower than the national median of $2,690. Property taxes in Berlin are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Berlin's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Berlin 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
Berlin, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$42
Ownwell’s Berlin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Berlin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Berlin 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 LaMoure County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Berlin, North Dakota
Property taxes in Berlin, North Dakota, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Berlin is 1.40%, significantly higher than the U.S. national median of 0.99%. Local government entities within Berlin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Berlin 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 Berlin's effective property tax rate to other areas in North Dakota and the national median. For comparison, the 58415 zip code has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these areas compare with Berlin provides valuable insights into the varying tax landscape across LaMoure County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Berlin Tax Rate
1.40%
Average Lamoure County Tax Rate
1.44%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Berlin, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58415 | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Berlin, North Dakota
In Berlin, 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 LaMoure 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 Berlin, 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 Berlin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Berlin Assessed Value
$3,000
Average Lamoure County Assessed Value
$62,200
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Berlin, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58415 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
Source: Ownwell
Property Tax Bills Across Berlin, North Dakota
Property tax bills in Berlin, located in LaMoure County, ND, are calculated based on the assessed value of a property. The assessed value is determined by local government assessors who evaluate the market value of the property. Once the market value is established, it is multiplied by the assessment ratio to arrive at the assessed value. In LaMoure County, the median home price is significantly lower than the national average, standing at $3,000. The tax rate, applied to the assessed value, is crucial in determining the final tax bill. In Berlin, homeowners typically face a property tax bill of $42, regardless of percentile, which is notably lower than the national median property tax rate of 0.99%. This relatively low tax burden can make homeownership more affordable for residents. However, the assessed value and tax rate can vary, impacting the final amount owed. Understanding these factors helps homeowners anticipate their annual property tax obligations and manage their finances effectively.
Average Berlin Tax Bill
$42
Average Lamoure County Tax Bill
$960
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Berlin, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58415 | $42 | $42 | $42 | $42 | $42 |
Source: Ownwell