Richland County Property Taxes
The median property tax rate in Richland County is 1.58%, which is significantly higher than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Richland County at $121,100, the typical annual property tax bill reaches $1,800. Property taxes in Richland County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Richland County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Wahpeton or another part of Richland County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Richland County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$1,913
Ownwell’s Richland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Richland with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Richland to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Richland County, North Dakota
Property taxes in Richland County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Richland County is 1.58%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Richland County set these rates annually, and they can vary significantly between different areas within the county. Each year, Richland County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Richland County's effective property tax rate with other areas and the national median. For comparison, the city of Wahpeton has one of the higher property tax rates in the region at 1.58%, while the city of Mooreton boasts one of the lowest at 0.96%. Analyzing how Richland County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Richland County Tax Rate
1.58%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Richland County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abercrombie | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
| Colfax | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
| Dwight | 1.53% | 1.53% | 1.53% | 1.53% | 1.53% |
| Fairmount | 1.46% | 1.46% | 1.46% | 1.46% | 1.47% |
| Great Bend | 1.52% | 1.52% | 1.52% | 1.52% | 1.52% |
| Hankinson | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% |
| Kindred | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% |
| Lidgerwood | 1.14% | 1.32% | 1.38% | 1.38% | 1.38% |
| Mantador | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% |
| Mcleod | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% |
| Mooreton | 0.96% | 0.96% | 0.96% | 1.11% | 1.20% |
| Wahpeton | 1.58% | 1.58% | 1.58% | 1.58% | 1.58% |
| Walcott | 1.23% | 1.30% | 1.32% | 1.33% | 1.33% |
| Wyndmere | 1.01% | 1.15% | 1.27% | 1.27% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Richland County, North Dakota
In Richland County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Richland County Appraisal District. The assessed value, however, 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. Assessment notices in Richland County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Richland County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Richland County, the highest median tax bill is in Walcott at $4,064, while the lowest median tax bill is in Great Bend at $151.
Property Tax Assessment Values Across Richland County, North Dakota
Source: Ownwell
$9,900
$158,900
$307,900
Average Richland County Assessed Value
$121,100
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Richland County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abercrombie | $66,200 | $76,700 | $94,200 | $111,700 | $122,200 |
| Colfax | $93,630 | $132,525 | $197,350 | $262,175 | $301,070 |
| Dwight | $217,400 | $217,400 | $217,400 | $217,400 | $217,400 |
| Fairmount | $5,150 | $9,575 | $16,950 | $24,325 | $28,750 |
| Great Bend | $9,900 | $9,900 | $9,900 | $9,900 | $9,900 |
| Hankinson | $37,300 | $37,650 | $43,600 | $50,450 | $70,800 |
| Kindred | $80,240 | $87,050 | $98,400 | $157,600 | $193,120 |
| Lidgerwood | $7,360 | $14,650 | $45,100 | $160,250 | $245,570 |
| Mantador | $238,700 | $238,700 | $238,700 | $238,700 | $238,700 |
| Mcleod | $180,800 | $180,800 | $180,800 | $180,800 | $180,800 |
| Mooreton | $114,840 | $149,700 | $207,800 | $232,600 | $247,480 |
| Wahpeton | $40,210 | $79,475 | $122,250 | $160,025 | $246,090 |
| Walcott | $201,700 | $271,650 | $307,900 | $379,700 | $491,900 |
| Wyndmere | $8,220 | $20,650 | $37,100 | $51,100 | $170,740 |
Source: Ownwell
Property Tax Bills Across Richland County, North Dakota
In Richland County, ND, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property type, location, and any applicable exemptions are considered when determining the assessed value. For instance, the median home price in Richland County is $121,100, and the property tax rate is applied to this value to calculate the tax bill. Homeowners in Richland County can expect varying tax bills. The tax bill for the 25th percentile is $765, while the 75th percentile sees a tax bill of $2,668. At the 90th percentile, it rises to $3,781. These figures highlight the range of property tax burdens within the county. Comparatively, the national median property tax rate is 0.99%, which can help homeowners gauge how their local taxes stack up. Understanding these factors can aid homeowners in budgeting for their annual property tax obligations.
Average Richland County Tax Bill
$1,800
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Richland County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abercrombie | $726 | $842 | $1,034 | $1,226 | $1,341 |
| Colfax | $1,032 | $1,461 | $2,175 | $2,889 | $3,318 |
| Dwight | $3,326 | $3,326 | $3,326 | $3,326 | $3,326 |
| Fairmount | $75 | $139 | $247 | $354 | $418 |
| Great Bend | $151 | $151 | $151 | $151 | $151 |
| Hankinson | $540 | $545 | $631 | $731 | $1,025 |
| Kindred | $1,072 | $1,163 | $1,315 | $2,116 | $2,596 |
| Lidgerwood | $102 | $202 | $622 | $2,089 | $2,788 |
| Mantador | $2,782 | $2,782 | $2,782 | $2,782 | $2,782 |
| Mcleod | $1,872 | $1,872 | $1,872 | $1,872 | $1,872 |
| Mooreton | $1,326 | $1,575 | $1,992 | $2,235 | $2,380 |
| Wahpeton | $606 | $1,212 | $1,871 | $2,503 | $3,383 |
| Walcott | $2,635 | $3,539 | $4,064 | $4,520 | $6,214 |
| Wyndmere | $104 | $235 | $419 | $648 | $1,826 |
Source: Ownwell