Oakes, Sargent County, North Dakota Property Taxes

Name: Property Tax Bills Across Oakes, Sargent County, North Dakota
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Oakes, ND effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Oakes, ND home value: $122,851
Median annual Oakes, ND tax bill: $1,244, $1,156 lower than the national median property tax bill of $2,400.

How are property taxes in Sargent calculated?

Property taxes in Oakes, ND are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Oakes’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oakes, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Oakes, Sargent County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

Estimate Property Tax Bill

$1,229

$1,140

Ownwell’s Oakes Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Oakes with just two data points. By entering your property's estimated assessed value, our calculator applies Oakes’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Sargent County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Oakes, Sargent County, North Dakota

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Oakes’s effective property tax rate to other cities in North Dakota and the median property tax rates in North Dakota and the U.S.

Property Tax Rates Across Oakes, Sargent County, North Dakota

Source: Ownwell

1.49%

1.54%

1.58%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Oakes Tax Rate

1.00%

Median Effective Sargent County Tax Rate

1.49%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Oakes, Sargent County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58474	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Oakes, Sargent County, North Dakota

When examining property taxes in Oakes, ND, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Sargent County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Sargent County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Oakes. For example, the median home price in Oakes is $122,851, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Oakes, Sargent County, North Dakota

Source: Ownwell

$9,668

$11,554

$13,440

Median Oakes Market Value

$122,851

Median Sargent County Market Value

$10,926

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Oakes, Sargent County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58474	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Oakes, Sargent County, North Dakota

In Oakes, located in Sargent County, ND, property tax bills are calculated based on the assessed value of a property. This assessed value is a percentage of the property's market value, which is determined by local assessors. Once the assessed value is established, the property tax rate, specific to Sargent County, is applied to determine the tax bill. Homeowners in Oakes face a median property tax bill that can range from $1,013 at the 25th percentile to $1,613 at the 90th percentile. This is notably lower than the national median property tax bill of $2,400, offering a more affordable tax climate compared to other regions. However, the property tax burden can still be significant for some homeowners, impacting their overall financial health. Ownwell can assist homeowners in Oakes by reviewing their property assessments and identifying potential inaccuracies or opportunities for exemptions. By appealing the assessed value or securing applicable exemptions, Ownwell helps homeowners potentially reduce their property tax bills, ensuring they do not overpay and can maximize their savings.

Property Tax Bills Across Oakes, Sargent County, North Dakota

Source: Ownwell

$133

$299

$464

Median Oakes Tax Bill

$1,244

Median Sargent County Tax Bill

$185

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Oakes, Sargent County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58474	N/A	N/A	N/A	N/A	N/A

Source: Ownwell