Hebron, North Dakota Property Taxes
The median property tax rate in Hebron, ND is 2.49%, 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 Hebron, the typical annual property tax bill reaches $820, which is lower than the national median of $2,690. Property taxes in Hebron 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 Hebron'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 Hebron 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
Hebron, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.49%
Estimate Property Tax Bill
$662
Ownwell’s Hebron Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hebron with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hebron 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 Hebron, North Dakota
Property taxes in Hebron, 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 Hebron is 2.49%, significantly higher than both the North Dakota state median and the U.S. national median of 0.99%. Local government entities within Hebron set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hebron 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 Hebron's effective property tax rate to other counties in North Dakota and the national median. For comparison, the ZIP code 58638 has both the highest and lowest median property tax rate of 2.49%. Understanding how these cities compare with Hebron provides valuable insights into the varying tax landscape across Morton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hebron Tax Rate
2.49%
Average Morton County Tax Rate
1.39%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hebron, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58638 | 1.85% | 2.37% | 2.49% | 3.10% | 5.87% |
Source: Ownwell
Property Tax Assessment Values Across Hebron, North Dakota
In Hebron, 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 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 Hebron, 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 Hebron helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Hebron is $26,600, with tax bills ranging from $496 at the 25th percentile to $1,507 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 58638, with a value of $820.
Average Hebron Assessed Value
$26,600
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 Hebron, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58638 | $4,280 | $17,900 | $26,600 | $57,000 | $78,720 |
Source: Ownwell
Property Tax Bills Across Hebron, North Dakota
In Hebron, located in Morton County, ND, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The median home price in Hebron is $26,600. The property tax rate is applied to this assessed value to determine the annual tax bill. Various factors such as property size, location, and improvements can influence the assessed value. For homeowners in Hebron, the tax bills vary significantly. The 25th percentile tax bill is $496, while the 75th percentile tax bill is $1,113, and the 90th percentile tax bill reaches $1,507. These figures highlight the range of property tax burdens that residents might face. Compared to the national median property tax rate of 0.99%, Hebron’s property tax bills can be considered relatively moderate. This variability in tax bills affects homeowners differently, with some paying significantly more or less than others depending on their property's assessed value. Understanding these factors can help homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Hebron Tax Bill
$820
Average Morton County Tax Bill
$2,526
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Hebron, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58638 | $318 | $496 | $820 | $1,113 | $1,507 |
Source: Ownwell