Mchenry County, North Dakota Property Taxes

Name: Property Tax Bills Across Mchenry County, North Dakota
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median McHenry County effective property tax rate: 1.11%, slightly higher than the national median of 1.02%.
Median McHenry County home value: $74,300
Median annual McHenry County tax bill: $855, which is $1,545 lower than the national median property tax bill of $2,400.

How are property taxes in McHenry County calculated?

Property taxes in McHenry County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Towner or another part of McHenry County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Mchenry County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.11%

Estimate Property Tax Bill

$825

$765

Ownwell’s McHenry County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in McHenry County with just two data points.

By entering your property's estimated assessed value, our calculator applies McHenry County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in McHenry County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mchenry County, North Dakota

Local government entities have the authority to set tax rates, which can differ significantly within a state. This variation occurs because each county, including McHenry County in North Dakota, annually estimates its budgetary needs to provide essential services. This budget is then divided by the total value of all taxable properties within the county, resulting in the property tax rate. While votes and legislation play a role in determining tax rates and budgets, this is essentially the annual procedure followed.

McHenry County's effective property tax rate is 1.11%, which is slightly above the national median property tax rate of 1.02%. When compared to other counties in North Dakota, McHenry County's rate is relatively moderate. For instance, Velva has the highest median tax rate in the state at 1.43%, while Towner has a lower rate of 1.18%. These figures illustrate the diversity in property tax rates across different regions, emphasizing the importance of understanding local tax assessments. By being informed, property owners in McHenry County can ensure they are not overpaying on their property taxes.

Property Tax Rates Across Mchenry County, North Dakota

Source: Ownwell

1.18%

1.30%

1.43%

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 Mchenry County Tax Rate

1.11%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mchenry County, North Dakota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Towner	0.77%	0.82%	1.18%	1.18%	1.18%
Velva	0.92%	1.43%	1.43%	1.43%	1.43%
Anamoose	N/A	N/A	N/A	N/A	N/A
Balfour	N/A	N/A	N/A	N/A	N/A
Granville	N/A	N/A	N/A	N/A	N/A
Upham	N/A	N/A	N/A	N/A	N/A
Voltaire	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Mchenry County, North Dakota

When examining property taxes in McHenry County, 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 McHenry 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.

Assessment notices:

In McHenry County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 McHenry County. For example, the median tax bill in McHenry County is $743, with tax bills ranging significantly across the county. Velva has the highest median home price at $88,550.

Property Tax Assessment Values Across Mchenry County, North Dakota

Source: Ownwell

$62,250

$75,400

$88,550

Median Mchenry County Market Value

$74,300

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mchenry County, North Dakota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Towner	$13,400	$21,500	$62,250	$76,100	$120,800
Velva	$27,080	$58,775	$88,550	$152,900	$197,360
Anamoose	N/A	N/A	N/A	N/A	N/A
Balfour	N/A	N/A	N/A	N/A	N/A
Granville	N/A	N/A	N/A	N/A	N/A
Upham	N/A	N/A	N/A	N/A	N/A
Voltaire	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Mchenry County, North Dakota

In McHenry County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The tax rate is applied to this assessed value to calculate the annual tax bill. This rate reflects the local government's budgetary needs and is influenced by factors such as funding for public services and infrastructure projects. Homeowners in McHenry County experience a range of tax bills, with the 25th percentile at $355 and the 75th percentile at $1,289. The 90th percentile reaches $1,533, indicating variability in tax obligations based on property value and location within the county. Velva has the highest median tax bill at $1,310, while Towner has the lowest at $598. These figures illustrate the impact of property taxes on homeowners, as they must budget for these expenses annually. Compared to the national median tax bill of $2,400, McHenry County's tax obligations are generally lower, providing some financial relief to its residents.

Property Tax Bills Across Mchenry County, North Dakota

Source: Ownwell

$598

$954

$1,310

Median Mchenry County Tax Bill

$855

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Mchenry County, North Dakota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Towner	$142	$235	$598	$863	$1,414
Velva	$666	$945	$1,310	$1,537	$2,501
Anamoose	N/A	N/A	N/A	N/A	N/A
Balfour	N/A	N/A	N/A	N/A	N/A
Granville	N/A	N/A	N/A	N/A	N/A
Upham	N/A	N/A	N/A	N/A	N/A
Voltaire	N/A	N/A	N/A	N/A	N/A

Source: Ownwell