Slope County Property Taxes
The median property tax rate in Slope County is 1.68%, 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 Slope County, the typical annual property tax bill reaches $1,057, which is below the national median of $2,690. Property taxes in Slope 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 Slope 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 Amidon or another part of Slope County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Slope County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.68%
Estimate Property Tax Bill
$418
$388
Ownwell’s Slope Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Slope with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Slope to provide an estimate of your property tax bill. This tool helps you understand potential tax liabilities, offering valuable insights into your financial obligations. If you’re interested in more localized trends, scroll down to access city-level information. Your property’s assessed value is determined by the county and considers any exemptions you may have, ensuring a more accurate calculation for your property tax.
Property Tax Rates Across Slope County, North Dakota
Property taxes in Slope County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Slope County is 1.68%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Slope County set these rates annually, and they can vary significantly between different areas within the county. Each year, Slope 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. Analyzing how Slope County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Slope County Tax Rate
1.68%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Slope County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Slope County, North Dakota
In Slope 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 Slope 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 Slope 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 Slope County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. The median home price in Slope County is $24,900, with tax bills ranging from $270 at the 25th percentile to $1,606 at the 90th percentile.
Average Slope County Assessed Value
$24,900
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Slope County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Slope County, North Dakota
In Slope County, ND, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is a percentage of the property's market value. The property tax rate is then applied to this assessed value to determine the annual tax bill. For homeowners in Slope County, the median home price is $24,900, and tax bills can vary significantly. At the 25th percentile, homeowners can expect to pay around $270 annually, while those at the 75th percentile see tax bills closer to $1,176. For the top 10% of properties, tax bills can reach up to $1,606. These figures highlight the variability in property tax burdens, which can impact household budgets. Compared to the national median property tax rate of 0.99%, Slope County's rates can be seen as relatively moderate, but they still represent a significant annual expense for homeowners. Understanding these factors can help homeowners better anticipate their financial obligations.
Average Slope County Tax Bill
$1,057
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Slope County, North Dakota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell