Leeds, Benson County, North Dakota Property Taxes
Median Leeds, ND effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Leeds, ND home value: $25,000
Median annual Leeds, ND tax bill: $357, $2,043 lower than the national median property tax bill of $2,400.
How are property taxes in Benson calculated?
Property taxes in Leeds, ND are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Leeds’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Leeds, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Leeds, Benson County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.43%
Estimate Property Tax Bill
$358
$332
Property Tax Rates Across Leeds, Benson County, North Dakota
Local government entities are responsible for setting tax rates, which can vary significantly within North Dakota. This variation occurs because each county, including Benson County, annually determines its budgetary needs to provide essential services. The county then divides this budget by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in establishing these rates and budgets, this is the fundamental process followed each year.
In Leeds, located in Benson County, the effective property tax rate can be compared to other cities within North Dakota as well as to the state's median property tax rate. North Dakota's median property tax rate stands at 1.43%, which is higher than the national median of 1.02%. This comparison provides valuable insights into how Leeds' property tax rate aligns with broader state and national trends. Understanding these differences can help property owners in Leeds make informed decisions regarding their property tax appeals and exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Leeds Tax Rate
1.43%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Benson County Tax Rate
0.73%
Median Effective North Dakota Tax Rate
1.30%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Leeds, Benson County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58346 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Leeds, Benson County, North Dakota
When examining property taxes in Leeds, North Dakota, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Benson County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Benson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Leeds.
For example, the median home price in Leeds is $25,000, with tax bills ranging significantly across the county.
Median Leeds Market Value
$25,000
Median Benson County Market Value
$18,850
Median North Dakota Market Value
$217,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Leeds, Benson County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58346 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Leeds, Benson County, North Dakota
In Leeds, Benson County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in this area is $25,000, and property taxes are levied accordingly. Unlike many regions, Leeds has a consistent property tax bill across various percentiles, with the 25th, 75th, and 90th percentiles all at $357. This is significantly lower than the national median property tax bill of $2,400, reflecting the region's lower property values and tax rates.
Factors such as property improvements, market conditions, and local government budgets influence the assessed value. For homeowners, this means that any changes in these factors can lead to fluctuations in their tax bill. Ownwell offers services to help homeowners reduce their property tax bills by identifying potential discrepancies in the assessed value and filing appeals or exemptions. By leveraging expert knowledge and comprehensive data analysis, Ownwell ensures that homeowners pay only their fair share, potentially leading to significant savings.
Median Leeds Tax Bill
$357
Median Benson County Tax Bill
$272
Median North Dakota Tax Bill
$2,659
Median United States Tax Bill
$2,400
Property Tax Bills Across Leeds, Benson County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58346 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell