Williston, North Dakota Property Taxes
The median property tax rate in Williston, ND is 0.52%, considerably lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Williston at $39,300, the typical annual property tax bill is $205, far below the national median of $2,690. Property taxes in Williston 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 Williston'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 Williston 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
Williston, North Dakota Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$2,600
Ownwell’s Williston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Williston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Williston 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 Williston, North Dakota
Property taxes in Williston, 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 Williston is 0.52%, which is lower than the U.S. national median of 0.99%. Local government entities within Williston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Williston 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 Williston's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58801 zip code has both the highest and the lowest median property tax rate of 0.52%. Understanding how these cities compare with Williston provides valuable insights into the varying tax landscape across Mountrail County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Williston Tax Rate
0.52%
Average Mountrail County Tax Rate
0.60%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Williston, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58801 | 0.52% | 0.52% | 0.52% | 0.52% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Williston, North Dakota
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Williston, ND. 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 local 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 Williston, 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. For instance, the median home price in Williston is $39,300, with the median tax bill being $205. The zip code 58801 has both the highest and lowest median tax bill at $205. 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 Williston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Williston Assessed Value
$39,300
Average Mountrail County Assessed Value
$139,300
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Williston, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58801 | $39,300 | $39,300 | $39,300 | $39,300 | $39,300 |
Source: Ownwell
Property Tax Bills Across Williston, North Dakota
In Williston, located in Mountrail County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the property's market value. For instance, with a median home price of $39,300, the assessed value is used to calculate the tax bill. Tax rates are applied to this assessed value to determine the final tax amount. Various factors influence the tax bill, including property size, location, and any applicable exemptions. In Williston, the median property tax bill is $205, which is significantly lower than the national median property tax rate of 0.99%. This relatively low tax bill can make homeownership more affordable, especially when compared to other regions. Homeowners benefit from understanding how these factors come together to influence their annual tax obligations, allowing for better financial planning and management of home-related expenses.
Average Williston Tax Bill
$205
Average Mountrail County Tax Bill
$783
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Williston, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58801 | $205 | $205 | $205 | $205 | $205 |
Source: Ownwell