Morton County Property Taxes
The median property tax rate in Morton County is 1.39%, which is notably higher than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Morton County at $182,900, the typical annual property tax bill reaches $2,526, slightly below the national median of $2,690. Property taxes in Morton County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Morton County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Mandan or another part of Morton County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Morton County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$2,542
$2,359
Ownwell’s Morton County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Morton County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Morton 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 Morton County, North Dakota
Property taxes in Morton County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Morton County is 1.39%, which is higher than the U.S. national median of 0.99%. Local government entities within Morton County set these rates annually, and they can vary significantly between different areas within the county. Each year, Morton 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. The following data compares Morton County's effective property tax rate with other counties and the national median. For comparison, the city of Hebron has one of the higher property tax rates in the region at 2.49%, while the city of New Salem boasts one of the lowest at 1.16%. Analyzing how Morton County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Morton County Tax Rate
1.39%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Morton County, North Dakota
In Morton 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 Morton 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 Morton 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, Mandan has the highest median tax bill at $2,551, while Flasher has the lowest at $511. Being aware of these valuation processes in Morton 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 Morton County, North Dakota
Source: Ownwell
$2,000
$93,650
$185,300
Average Morton County Assessed Value
$182,900
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Morton County, North Dakota
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Almont | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
Flasher | $17,160 | $30,750 | $53,400 | $76,050 | $89,640 |
Glen Ullin | $17,550 | $22,950 | $42,500 | $57,050 | $66,560 |
Hebron | $4,280 | $17,900 | $26,600 | $57,000 | $78,720 |
Mandan | $120,600 | $157,800 | $185,300 | $232,100 | $270,600 |
New Salem | $27,400 | $54,950 | $67,300 | $91,500 | $109,300 |
Source: Ownwell
Property Tax Bills Across Morton County, North Dakota
In Morton County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the property's market value, reflecting current real estate trends. Homeowners then apply the local tax rate to this assessed value to determine their annual tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions. For example, the median home price in Morton County is $182,900. Homeowners in the 25th percentile can expect a tax bill around $1,810, while those in the 75th percentile might see bills closer to $3,086. The highest median tax bill in the county is in Mandan at $2,551, contrasting sharply with Flasher's lowest median bill of $511. Understanding these factors helps homeowners anticipate their tax obligations and plan their finances accordingly, especially when considering that the national median property tax rate is 0.99%.
Average Morton County Tax Bill
$2,526
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690