Dunseith, North Dakota Property Taxes
The median property tax rate in Dunseith, ND is 1.23%, slightly higher than the national median of 0.99% but lower than the North Dakota state median of 1.30%. With a median home value of $57,410 in Dunseith, the typical annual property tax bill is around $624, which is significantly below the national median of $2,690. Property taxes in Dunseith are calculated based on the assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Dunseith'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 Dunseith or another part of Rolette County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dunseith, 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 Dunseith Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dunseith with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dunseith 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 Dunseith, North Dakota
Property taxes in Dunseith, North Dakota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dunseith is 1.23%, significantly higher than the U.S. national median of 0.99%. Local government entities within Dunseith set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dunseith 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 Dunseith's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58329 zip code has the highest median property tax rate of 1.23%, while the same zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Dunseith provides valuable insights into the varying tax landscape across Rolette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dunseith Tax Rate
1.23%
Average Rolette County Tax Rate
1.49%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dunseith, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58329 | 1.01% | 1.04% | 1.23% | 1.41% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Dunseith, North Dakota
In Dunseith, 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 Rolette 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 Dunseith, 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 Dunseith helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Rolette County are both $624 in the 58329 zip code.
Average Dunseith Assessed Value
$57,410
Average Rolette County Assessed Value
$64,000
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dunseith, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58329 | $44,780 | $52,250 | $57,410 | $59,815 | $62,326 |
Source: Ownwell
Property Tax Bills Across Dunseith, North Dakota
In Dunseith, located in Rolette County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value typically reflects a percentage of the home's market value. For instance, with a median home price of $57,410, the tax bill can vary significantly. Homeowners in the 25th percentile see tax bills around $605, while those in the 75th percentile face bills closer to $669. The highest median tax bill in the area is $624, which is relatively modest compared to the national median property tax rate of 0.99%. Several factors influence these tax bills, including property size, location, and any applicable exemptions. These taxes fund essential local services such as schools, public safety, and infrastructure. For homeowners, understanding how these elements affect their tax bills is crucial for financial planning and can impact decisions on property investments and improvements.
Average Dunseith Tax Bill
$624
Average Rolette County Tax Bill
$820
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Dunseith, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58329 | $578 | $605 | $624 | $669 | $743 |
Source: Ownwell