Belfield, Billings County, North Dakota Property Taxes

Name: Property Tax Bills Across Belfield, Billings County, North Dakota
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Belfield, ND effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Belfield, ND home value: $43,350
Median annual Belfield, ND tax bill: $240, $2,160 lower than the national median property tax bill of $2,400.

How are property taxes in Billings calculated?

Property taxes in Belfield, 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 Belfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Belfield, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Belfield, Billings County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.55%

Estimate Property Tax Bill

$238

$221

Ownwell’s Belfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Belfield with just two data points. By entering your property's estimated assessed value, our calculator applies Belfield’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Billings County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Belfield, Billings County, North Dakota

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide essential services and divides that by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Belfield, located in Billings County, ND, the effective property tax rate is 0.55%. This rate is significantly lower than the national median property tax rate of 1.02%. With such a competitive rate, property owners in Belfield enjoy some of the most favorable tax conditions in the state. The low tax rate can be an attractive aspect for potential property buyers and investors, making Belfield a compelling place to consider for real estate opportunities.

Understanding how property taxes are assessed and how they compare to other regions can be crucial for making informed decisions about property investments. By considering the effective property tax rates, individuals can better evaluate the long-term costs associated with owning property in different areas.

Property Tax Rates Across Belfield, Billings County, North Dakota

Source: Ownwell

0.55%

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 Belfield Tax Rate

0.55%

Median Effective Billings County Tax Rate

0.55%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Belfield, Billings County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58622	0.54%	0.55%	0.55%	0.55%	0.55%

Source: Ownwell

Property Tax Assessment Values Across Belfield, Billings County, North Dakota

When examining property taxes in Belfield, ND, 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 Billings 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. Assessment notices: In Billings 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 Belfield. For example, the median home price in Belfield is $43,350, with tax bills ranging significantly across the county. 58622 has the highest median home price at $43,350.

Property Tax Assessment Values Across Belfield, Billings County, North Dakota

Source: Ownwell

$43,350

$46,975

$50,600

Median Belfield Market Value

$43,350

Median Billings County Market Value

$50,600

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Belfield, Billings County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58622	$8,100	$16,075	$43,350	$75,750	$180,250

Source: Ownwell

Property Tax Bills Across Belfield, Billings County, North Dakota

In Belfield, part of Billings 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. The tax rate, which is applied to this assessed value, determines the final tax bill. With a median home price of $43,350, homeowners in Belfield experience property tax bills that can vary significantly. For instance, the tax bill at the 25th percentile is $89, while at the 75th percentile, it rises to $420, and at the 90th percentile, it can reach $982. Despite these variations, the highest and lowest median tax bills in the area both stand at $240, which is considerably lower than the national median property tax bill of $2,400. This disparity highlights potential savings opportunities for homeowners. Ownwell assists homeowners by identifying potential exemptions and appealing assessments, ensuring they pay only their fair share. By leveraging professional expertise, homeowners can potentially reduce their tax burden and maximize savings.

Property Tax Bills Across Belfield, Billings County, North Dakota

Source: Ownwell

$240

$261

$281

Median Belfield Tax Bill

$240

Median Billings County Tax Bill

$281

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Belfield, Billings County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58622	$45	$89	$240	$420	$982

Source: Ownwell