Douglas, North Dakota Property Taxes
The median property tax rate in Douglas, ND is 1.02%, slightly higher than the national median of 0.99% but below the North Dakota state median of 1.30%. With the median home value in Douglas at $208,100, the typical annual property tax bill reaches $2,117, which is lower than the national median of $2,690. Property taxes in Douglas are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Douglas'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 Douglas 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
Douglas, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$2,123
$1,970
Ownwell’s Douglas Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Douglas with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Douglas 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 Douglas, North Dakota
Property taxes in Douglas, North Dakota, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Douglas is 1.02%, which is higher than both the North Dakota state median and the U.S. national median of 0.99%. Local government entities within Douglas set these rates annually, and they can vary significantly across different neighborhoods. Each year, Douglas 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 Douglas's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58735 zip code has the highest median property tax rate of 1.02%, while the same zip code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Douglas provides valuable insights into the varying tax landscape across McLean County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Douglas Tax Rate
1.02%
Average Mclean County Tax Rate
1.12%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Douglas, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58735 | 0.98% | 1.00% | 1.02% | 1.04% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Douglas, North Dakota
In Douglas, 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 McLean 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. 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 Douglas helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Douglas are both $2,117, found in the 58735 zip code.
Average Douglas Assessed Value
$208,100
Average Mclean County Assessed Value
$136,000
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Douglas, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58735 | $195,220 | $200,050 | $208,100 | $216,150 | $220,980 |
Source: Ownwell
Property Tax Bills Across Douglas, North Dakota
In Douglas, located in McLean County, ND, property tax bills are calculated based on the assessed value of a home, which reflects its market value. The tax rate is applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $208,100, homeowners can expect a tax bill around $2,117, which aligns closely with the national median property tax rate of 0.99%. Several factors influence the tax bill, including property size, location, and any applicable exemptions. Homeowners in Douglas with tax bills at the 25th percentile pay approximately $2,083, while those at the 75th percentile see bills around $2,150. The highest median tax bill recorded in the area is $2,171. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly. Accurate assessments ensure fairness, allowing for equitable contributions to local services such as schools and infrastructure, which benefit the entire community.
Average Douglas Tax Bill
$2,117
Average Mclean County Tax Bill
$1,469
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Douglas, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58735 | $2,063 | $2,083 | $2,117 | $2,150 | $2,171 |
Source: Ownwell