Ashley, North Dakota Property Taxes
The median property tax rate in Ashley, North Dakota is 1.66%, 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 Ashley at $25,000, the typical annual property tax bill reaches $467, which is significantly lower than the national median of $2,690. Property taxes in Ashley 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 Ashley'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 Ashley 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
Ashley, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.66%
Estimate Property Tax Bill
$415
$385
Ownwell’s ASHLEY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ASHLEY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ASHLEY 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 Ashley, North Dakota
Property taxes in Ashley, North Dakota, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ashley is 1.66%, significantly higher than the U.S. national median of 0.99%. Local government entities within Ashley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ashley 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 Ashley's effective property tax rate to other regions in North Dakota and the national median. For comparison, the zip code 58413 has the highest median property tax rate of 1.66%, while the same zip code also has the lowest median tax rate of 1.66%. Understanding how these areas compare with Ashley provides valuable insights into the varying tax landscape across McIntosh County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ashley Tax Rate
1.66%
Average Mcintosh County Tax Rate
1.37%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ashley, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58413 | 1.07% | 1.30% | 1.66% | 1.66% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Ashley, North Dakota
In Ashley, 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 McIntosh 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 Ashley, 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. For instance, the highest median tax bill in Ashley is $467 in the 58413 zip code, which is also the lowest median tax bill. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ashley Assessed Value
$25,000
Average Mcintosh County Assessed Value
$26,600
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ashley, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58413 | $12,160 | $15,300 | $25,000 | $47,000 | $93,960 |
Source: Ownwell
Property Tax Bills Across Ashley, North Dakota
In Ashley, located in McIntosh County, ND, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value. For instance, with a median home price of $25,000, the assessed value forms the basis for the tax bill calculation. The tax rate, applied to this assessed value, determines the final tax amount owed by the homeowner. Several factors influence the property tax bill, including the property's location, size, and any applicable exemptions or deductions. Homeowners in Ashley can expect tax bills to vary significantly, with the 25th percentile at $285 and the 75th percentile reaching $1,189. For those in the 90th percentile, the tax bill can be as high as $1,974. Comparatively, the highest and lowest median tax bills in the area are both $467, indicating a relatively stable tax environment within the specific zip code 58413. This stability and predictability in property taxes can significantly impact homeowners' financial planning and overall affordability of living in Ashley.
Average Ashley Tax Bill
$467
Average Mcintosh County Tax Bill
$539
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Ashley, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58413 | $222 | $285 | $467 | $1,189 | $1,974 |
Source: Ownwell