North Dakota Propery Taxes, North Dakota Property Tax Appeals
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North Dakota Property Tax Appeals
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North Dakota real estate agents can offer a CMA (Comparable Market Analysis) for houses in the area. This is a ball park figure. A more definitive figure is arrived at by obtaining an appraisal. A Home Market Value Appraisal gives a definitive value for the specific time frame in which the analysis was conducted. Prices range upward to $350.00 depending on the region in which you live.
Doing your own Home Market Value Appraisal is not rocket science. Investigating and doing it yourself will save you money and also give you an edge in negotiating. We suggest checking into the two options listed above (1) and (2).
If you desire to challenge your house property taxes and want to go the professional route, be prepared to open your wallet wide. Besides the appraisal fee, the appraiser will have to charge for a day's time at the municipal review. If you decide on hiring a professional mouthpiece, the attorney will not guarantee the result. You could lose the case and easily lose over a grand in the process. Again, we suggest checking into the two options listed above (1) and (2)
| North Dakota Home Value Demographics | North Dakota | USA |
Housing units, 2002 |
294,165 | 119,302,132 |
| North Dakota Homeownership rate, 2000 |
66.6% | 66.2% |
| Housing units in multi-unit structures, percent, 2000 | 24.8% | 26.4% |
| Median value of owner-occupied housing units, 2000 | $74,400 | $119,600 |
| North Dakota Households, 2000 | 257,152 | 105,480,101 |
| Persons per household, 2000 | 2.41 | 2.59 |
| Median household income, 1999 | $34,604 | $41,994 |
| Per capita money income, 1999 | $17,769 | $21,587 |
| Persons below poverty, percent, 1999 | 11.9% | 12.4% |
US Census Bureau
North Dakota House Value, Home Appraisal Market Value, Property Tax Appeal Comparable Sales Information
(Statisics compiled from Bureau of Economic Analysis, an agency of the U.S. Department of Commerce)
The population of North Dakota in 2003 was 633,400. Its rank was 48th in the nation. (The District of Columbia is included for ranking purposes.)
PER CAPITA PERSONAL INCOME
In 2003 North Dakota had a per capita personal income (PCPI) of $28,922. This PCPI ranked 32nd in the United States and was 92 percent of the national average, $31,472. The 2003 PCPI reflected an increase of 8.2 percent from 2002. The 2002-2003 national change was 2.2 percent. In 1993 the PCPI of North Dakota was $17,703 and ranked 43rd in the United States. The 1993-2003 average annual growth rate of PCPI was 5.0 percent. The average annual growth rate for the nation was 4.0 percent.
TOTAL PERSONAL INCOME
In 2003 North Dakota had a total personal income (TPI) of $18,319,019. This TPI ranked 50th in the United States. In 1993 the TPI of North Dakota was $11,351,398 and ranked 49th in the United States. The 2003 TPI reflected an increase of 8.1 percent from 2002. The 2002-2003 national change was 3.2 percent. The 1993-2003 average annual growth rate of TPI was 4.9 percent. The average annual growth rate for the nation was 5.1 percent.
North Dakota Home buyers want to know how much to offer for a house, sellers want to know how much to list a house for. Those seeking a property tax appeal want to know the market value of comparable homes in order to make adjustments to their home's worth. Variations in age, size, condition of the home, and other differences in amenities plus other factors weigh in on the overall market value of a home.
Regions of North Dakota: Red River Valley | Missouri Escarpment | Badlands
Largest Cities: Beulah-Hazen | Bismarck-Mandan | Devils Lake | Dickinson | Fargo-West Fargo | Grafton | Grand Forks | Jamestown | Minot | Rugby | Valley City | Wahpeton | Williston
Counties: Adams - Barnes - Benson - Billings - Bottineau - Bowman - Burke - Burleigh - Cass - Cavalier - Dickey - Divide - Dunn - Eddy - Emmons - Foster - Golden Valley - Grand Forks - Grant - Griggs - Hettinger - Kidder - La Moure - Logan - McHenry - McIntosh - McKenzie - McLean - Mercer - Morton - Mountrail - Nelson - Oliver - Pembina - Pierce - Ramsey - Ransom - Renville - Richland - Rolette - Sargent - Sheridan - Sioux - Slope - Stark - Steele - Stutsman - Towner - Traill - Walsh - Ward - Wells - Williams
BISMARCK – If true property tax and school funding reform emerge from the 2007 Legislature, North Dakota will join other states in what’s become a growing movement.
Home owners and legislators in at least nine states – Illinois, New Hampshire, New Jersey, Nevada, Pennsylvania, Rhode Island, South Carolina, Texas and Virginia – have taken action to cap or slow property tax increases in recent years.
“Property taxes have escalated to a greater degree than either income or sales taxes. And among property classifications, it is residential property that is seeing explosive growth " - Tax Department analyst Kathryn Strombeck at the interim Finance and Tax Committee.
(N.D. joins states addressing escalating property taxes By Janell Cole, The Forum Published Sunday, November 27, 2005 ) Click North Dakota Property Taxes for more information
Property taxes go up for most Ward County residents By JILL SCHRAMM, Staff Writer
The tax on a median $87,800 home in Minot and in the Minot school district is $1,773. Assuming a $80,000 value on that house last year, the tax increase would come to $154.
Of the Minot taxpayer's $1,173 tax, about $834 goes to the school district, $500 to the city, $306 to the county, $129 to the park district and $4 to the state. Click North Dakota Property Tax for complete article.
North Dakota Property Tax Appeals
Property Tax Valuation Directory For States
North Dakota Property Taxes and Home Values, Property Tax Appeals, Current Market House Value, Comparable Sales Information, Tax Roll Information, Property History and Valuation Information Sources.