Webster, North Dakota Property Taxes
The median property tax rate in Webster, ND is 0.94%, 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 $98,400 in Webster, the typical annual property tax bill amounts to $774, which is well below the national median of $2,690. Property taxes in Webster are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Webster's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Webster or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Webster, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$925
$858
Ownwell’s Webster Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Webster with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Webster 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 Webster, North Dakota
Property taxes in Webster, North Dakota, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Webster is 0.94%, slightly lower than the U.S. national median of 0.99%. Local government entities within Webster set these rates annually, and they can vary significantly across different neighborhoods. Each year, Webster 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 Webster's effective property tax rate to other regions in North Dakota and the national median. For comparison, the zip code 58382 has both the highest and the lowest median property tax rate of 0.94%. Understanding how these areas compare with Webster 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.
Average Webster Tax Rate
0.94%
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 Webster, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58382 | 0.93% | 0.94% | 0.94% | 1.03% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Webster, North Dakota
In Webster, 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 Webster, 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 Webster helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $774.00, found in zip code 58382.
Average Webster Assessed Value
$98,400
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 Webster, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58382 | $11,180 | $33,600 | $98,400 | $172,200 | $256,140 |
Source: Ownwell
Property Tax Bills Across Webster, North Dakota
In Webster, located in Ramsey County, ND, property tax bills are calculated based on the assessed value of a home. The median home price in this city is $98,400. Local tax authorities determine the assessed value, which is typically a percentage of the market value. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For homeowners in Webster, the tax bill can vary significantly. At the 25th percentile, the tax bill is around $270, while at the 75th percentile, it rises to approximately $1,871. For those at the 90th percentile, the bill can reach up to $2,670. These variations are influenced by factors such as property size, location, and any applicable exemptions or deductions. The highest and lowest median tax bills in the area are both $774, indicating some consistency in certain neighborhoods. Compared to the national median property tax rate of 0.99%, Webster's tax rates can provide a relatively affordable option for homeowners. Understanding these factors helps homeowners anticipate their annual expenses and plan their finances accordingly.
Average Webster Tax Bill
$774
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 Webster, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58382 | $79 | $270 | $774 | $1,871 | $2,670 |
Source: Ownwell