Lawton, North Dakota Property Taxes

The median property tax rate in Lawton, ND is 1.37%, 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 Lawton, the typical annual property tax bill reaches $127, which is significantly lower than the national median of $2,690. Property taxes in Lawton 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 Lawton'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 Lawton 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

Lawton, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Average Tax Rate

1.37%

Estimate Property Tax Bill

$141

Ownwell’s Lawton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lawton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lawton 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 Lawton, North Dakota

Property taxes in Lawton, North Dakota, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lawton is 1.37%, significantly higher than the U.S. national median of 0.99%. Local government entities within Lawton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lawton 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 Lawton's effective property tax rate to other counties in North Dakota and the national median. For comparison, the zip code 58345 has both the highest and lowest median property tax rate of 1.37%. Understanding how these cities compare with Lawton provides valuable insights into the varying tax landscape across Ramsey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.

Property Tax Rates Across Lawton, North Dakota

Source: Ownwell

0.82%

1.16%

1.49%

Average Lawton Tax Rate

1.37%

Average Ramsey County Tax Rate

1.26%

Average North Dakota Tax Rate

1.30%

Average United States Tax Rate

0.99%

Property Tax Rates Across Lawton, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58345	0.93%	1.05%	1.37%	1.37%	1.38%

Source: Ownwell

Property Tax Assessment Values Across Lawton, North Dakota

In Lawton, 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 Ramsey 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 Lawton, 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 Lawton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Lawton, the zip code with the highest median tax bill is 58345, with a median tax bill of $127.00, while the lowest median tax bill is also in 58345, with $127.00.

Property Tax Assessment Values Across Lawton, North Dakota

Source: Ownwell

$10,300

$87,800

$165,300

Average Lawton Assessed Value

$10,300

Average Ramsey County Assessed Value

$147,600

Average North Dakota Assessed Value

$217,800

Average United States Assessed Value

$244,900

Property Tax Assessment Values Across Lawton, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58345	$2,200	$4,450	$10,300	$38,700	$98,700

Source: Ownwell

Property Tax Bills Across Lawton, North Dakota

Property tax bills in Lawton, located in Ramsey County, ND, are calculated based on the assessed value of the property. The assessed value is determined by the local tax assessor and reflects the market value of the property. Once the assessed value is established, the property tax rate is applied to this value to calculate the tax bill. In Lawton, the median home price is $10,300, and property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $56, while at the 75th percentile, it reaches $375. At the 90th percentile, homeowners might see a tax bill as high as $952. These variations are influenced by factors such as property size, location, and improvements. Compared to the national median property tax rate of 0.99%, Lawton's rates can be considered relatively low, making it an attractive option for homeowners looking to minimize their tax burden. Understanding these factors helps homeowners anticipate their annual property tax expenses and plan their finances accordingly.

Property Tax Bills Across Lawton, North Dakota

Source: Ownwell

$124

$1,105

$2,085

Average Lawton Tax Bill

$127

Average Ramsey County Tax Bill

$1,862

Average North Dakota Tax Bill

$2,659

Average United States Tax Bill

$2,690

Property Tax Bills Across Lawton, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58345	$20	$56	$127	$375	$952

Source: Ownwell