Zahl, North Dakota Property Taxes
The median property tax rate in Zahl, North Dakota is 0.76%, considerably lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Zahl, the typical annual property tax bill reaches $952, significantly below the national median of $2,690. Property taxes in Zahl 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 Zahl'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 Zahl 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
Zahl, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$949
Ownwell’s ZAHL Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ZAHL with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ZAHL 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 Zahl, North Dakota
Property taxes in ZAHL, North Dakota, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in ZAHL is 0.76%, which is notably lower than the U.S. national median of 0.99%. Local government entities within ZAHL set these rates annually, and they can vary significantly across different neighborhoods. Each year, ZAHL 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 ZAHL's effective property tax rate to other counties in North Dakota and the national median. For comparison, the zip code 58856 has both the highest and lowest median property tax rate in the county, standing at 0.76%. Understanding how these areas compare with ZAHL 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 Zahl Tax Rate
0.76%
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 Zahl, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58856 | 0.72% | 0.75% | 0.76% | 0.78% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Zahl, North Dakota
In ZAHL, 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 ZAHL, 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 ZAHL helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $952 in the 58856 zip code, with the lowest also being $952 in the same zip code.
Average Zahl Assessed Value
$124,890
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 Zahl, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58856 | $44,352 | $63,030 | $124,890 | $186,000 | $304,462 |
Source: Ownwell
Property Tax Bills Across Zahl, North Dakota
In ZAHL, located in Williams County, ND, property tax bills are calculated based on the assessed value of a home. This value is determined by local assessors who evaluate the property's market value and apply a specific assessment ratio. The tax rate, or mill rate, is then applied to the assessed value to calculate the tax bill. Factors such as location, property size, and improvements can influence the assessed value. Homeowners in ZAHL can expect their property tax bills to vary widely. For instance, the 25th percentile tax bill is around $526, while the 75th percentile reaches $1,379. At the higher end, the 90th percentile tax bill can climb to $2,260. These taxes significantly impact homeowners, contributing to local services like schools, roads, and emergency services. When compared to the national median property tax rate of 0.99%, ZAHL's property tax rates provide a competitive landscape for homeowners, ensuring essential community services are well-funded.
Average Zahl Tax Bill
$952
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 Zahl, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58856 | $395 | $526 | $952 | $1,379 | $2,260 |
Source: Ownwell