York, North Dakota Property Taxes
The median property tax rate in York, ND is 0.95%, slightly below the national median of 0.99% and significantly lower than the North Dakota state median of 1.30%. With a median home value of $255,567 in York, the typical annual property tax bill is $2,439, which is also under the national median of $2,690. Property taxes in York are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding York’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 York 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
York, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$2,428
$2,253
Ownwell’s York Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in York with just two simple data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in York to provide an estimated property tax bill. This valuable tool offers a clear understanding of potential tax liabilities, helping you make informed financial decisions. For those interested in more granular insights, localized information on neighborhood trends is available further down the page. Your property’s assessed value is determined by the county for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across York, North Dakota
Property taxes in York, North Dakota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in York is 1.25%, significantly higher than the U.S. national median of 0.99%. Local government entities within York set these rates annually, and they can vary significantly across different neighborhoods. Each year, York 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 York's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58386 zip code has the highest median property tax rate of 1.25%, while the same zip code also has the lowest median tax rate of 1.25%. Understanding how these cities compare with York provides valuable insights into the varying tax landscape across Pierce County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average York Tax Rate
0.95%
Average Pierce County Tax Rate
1.45%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across York, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58386 | 0.95% | 0.95% | 0.95% | 0.95% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across York, North Dakota
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in York, North Dakota. 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 Pierce 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 York, 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 York helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in York are both $2,439, found in the 58386 zip code.
Average York Assessed Value
$255,567
Average Pierce County Assessed Value
$33,490
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across York, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58386 | $255,567 | $255,567 | $255,567 | $255,567 | $255,567 |
Source: Ownwell
Property Tax Bills Across York, North Dakota
In York, property tax bills are calculated based on the assessed value of the property, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the property's market value, location, and any applicable exemptions are considered in this assessment process. York's median home price stands at $255,567, and property tax bills can vary, but the 25th, 75th, and 90th percentiles are all $2,439. This uniformity suggests a consistent tax rate across different property values. The highest and lowest median tax bills in York are also $2,439, indicating a stable tax environment. Compared to the national median property tax rate of 0.99%, York's property tax rate appears to be in alignment, ensuring that homeowners contribute fairly to local services and infrastructure. This consistency in tax bills helps homeowners plan their finances more effectively, providing a predictable annual expense.
Average York Tax Bill
$2,439
Average Pierce County Tax Bill
$894
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across York, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58386 | $2,439 | $2,439 | $2,439 | $2,439 | $2,439 |
Source: Ownwell