Wildrose, North Dakota Property Taxes
The median property tax rate in Wildrose, ND is 0.81%, which is lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Wildrose, the typical annual property tax bill reaches $441, significantly below the national median of $2,690. Property taxes in Wildrose are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Wildrose'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 Wildrose or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wildrose, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$438
Ownwell’s Wildrose Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wildrose with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wildrose 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 Wildrose, North Dakota
Property taxes in Wildrose, North Dakota, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Wildrose is 1.05%, higher than both the North Dakota state median and the U.S. national median of 0.99%. Local government entities within Wildrose set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wildrose 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 Wildrose's effective property tax rate to other counties in North Dakota and the national median. For comparison, the 58795 zip code has the highest median property tax rate of 1.05%, while the same 58795 zip code also has the lowest median tax rate of 1.05%. Understanding how these cities compare with Wildrose provides valuable insights into the varying tax landscape across Williams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wildrose Tax Rate
0.81%
Average Williams County Tax Rate
0.85%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wildrose, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58795 | 0.67% | 0.81% | 0.81% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Wildrose, North Dakota
In Wildrose, 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 Williams 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 Wildrose, 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 Wildrose helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 58795, with a median tax bill of $441.
Average Wildrose Assessed Value
$54,090
Average Williams County Assessed Value
$213,050
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wildrose, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58795 | $19,033 | $29,065 | $54,090 | $95,378 | $136,761 |
Source: Ownwell
Property Tax Bills Across Wildrose, North Dakota
In Wildrose, Williams County, ND, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. For instance, with a median home price of $54,090, the property tax rate is applied to this assessed value to determine the tax bill. Several factors influence the tax bill, including property type, location, and any applicable exemptions. Homeowners in Wildrose can expect property tax bills to vary significantly. For example, the 25th percentile tax bill is around $231, while the 75th percentile tax bill can be as high as $761. At the 90th percentile, homeowners might pay up to $1,041. These taxes fund essential local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Wildrose's rates can be considered relatively moderate, ensuring that homeowners contribute fairly to the community while maintaining manageable tax obligations.
Average Wildrose Tax Bill
$441
Average Williams County Tax Bill
$2,001
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Wildrose, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58795 | $161 | $231 | $441 | $761 | $1,041 |
Source: Ownwell