Donnybrook, North Dakota Property Taxes
The median property tax rate in Donnybrook, ND is 0.99%, aligning with the national median of 0.99% but lower than the North Dakota state median of 1.30%. With the median home value in Donnybrook at $83,000, the typical annual property tax bill amounts to $765, significantly below the national median of $2,690. Property taxes in Donnybrook are calculated based on the assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Donnybrook'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 Donnybrook or another part of Ward County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Donnybrook, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$822
Ownwell’s Donnybrook Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Donnybrook with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Donnybrook 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 Donnybrook, North Dakota
Property taxes in Donnybrook, North Dakota, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Donnybrook is 1.35%, higher than both the North Dakota state median of 0.89% and the U.S. national median of 0.99%. Local government entities within Donnybrook set these rates annually, and they can vary significantly across different neighborhoods. Each year, Donnybrook 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 Donnybrook's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58734 zip code has the highest median property tax rate of 1.35%, while the same zip code also has the lowest median tax rate of 1.35%. Understanding how these cities compare with Donnybrook provides valuable insights into the varying tax landscape across Ward County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Donnybrook Tax Rate
0.99%
Average Ward County Tax Rate
1.65%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Donnybrook, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58734 | 0.82% | 0.84% | 0.99% | 0.99% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Donnybrook, North Dakota
In Donnybrook, 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 Ward 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 Donnybrook, 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. For instance, homeowners in zip code 58734 see the highest median tax bill at $765. 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 Donnybrook helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Donnybrook, North Dakota
Source: Ownwell
$83,000
$188,000
$293,000
Average Donnybrook Assessed Value
$83,000
Average Ward County Assessed Value
$201,000
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Donnybrook, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58734 | $29,000 | $56,000 | $83,000 | $140,000 | $237,000 |
Source: Ownwell
Property Tax Bills Across Donnybrook, North Dakota
In Donnybrook, ND, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and generally reflects a percentage of the property's market value. For homeowners in Donnybrook, the median home price is $83,000. The property tax rate in Donnybrook is influenced by local government budgets, school districts, and other public services. Homeowners in Donnybrook can expect their tax bills to vary significantly. For example, the 25th percentile tax bill is $517, while the 75th percentile tax bill reaches $1,382. The 90th percentile sees even higher tax bills at $1,748. The highest median tax bill in Donnybrook is $765, which is consistent across the zip code 58734. These property taxes fund essential services such as schools, emergency services, and infrastructure. For homeowners, understanding these factors is crucial, as they directly impact the affordability and overall cost of owning a home in Donnybrook. Compared to the national median property tax rate of 0.99%, Donnybrook's rates reflect the unique economic and governmental factors of the region.
Average Donnybrook Tax Bill
$765
Average Ward County Tax Bill
$2,940
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Donnybrook, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58734 | $189 | $517 | $765 | $1,382 | $1,748 |
Source: Ownwell