Fairfield, Billings County, North Dakota Property Taxes

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

Median Fairfield, North Dakota 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 Fairfield, North Dakota home value: $28,000
Median annual Fairfield, North Dakota tax bill: $155, $2,245 lower than the national median property tax bill of $2,400.

How are property taxes in Billings calculated?

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

Last Updated March 1, 2025

Fairfield, 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

$154

$143

Ownwell’s Fairfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fairfield with just two data points. By entering your property's estimated assessed value, our calculator applies Fairfield’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 Fairfield, Billings County, North Dakota

Local government entities determine tax rates, leading to significant variations within a state. Each year, counties estimate their budgetary needs for public services and divide this by the total assessed value of all taxable properties within their jurisdiction. This calculation results in the property tax rate. While votes and legislative measures play a role in setting these rates and budgets, this is the fundamental process. In Fairfield, located in Billings County, North Dakota, the effective property tax rate is a modest 0.55%. This is substantially lower than the national median property tax rate of 1.02%. Consequently, residents of Fairfield benefit from lower property tax bills compared to many other regions in the United States. This comparison highlights the advantage of living in an area with a lower property tax rate, offering significant savings for homeowners. Understanding these differences can be crucial for property owners seeking to optimize their tax liabilities and make informed decisions about property investments.

Property Tax Rates Across Fairfield, 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 Fairfield 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 Fairfield, Billings County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58627	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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

When examining property taxes in Fairfield, 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 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.

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 Fairfield. For example, the median home price in Fairfield is $28,000, with tax bills ranging significantly across the county.

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

Source: Ownwell

$43,350

$46,975

$50,600

Median Fairfield Market Value

$28,000

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 Fairfield, Billings County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58627	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Fairfield, Billings County, North Dakota

In Fairfield, Billings County, ND, property tax bills are calculated based on the assessed value of a home multiplied by the local tax rate. With a median home price of $28,000, homeowners in Fairfield face property tax bills that vary significantly. The tax bill at the 25th percentile is $84, while at the 75th percentile, it rises to $348, and at the 90th percentile, it reaches $466. These figures are considerably lower than the national median property tax bill of $2,400, reflecting the lower home values and tax rates in the region.

Factors influencing property tax bills include the assessed value of the property, local government budget needs, and applicable exemptions. For homeowners, these taxes represent a significant expense, impacting their overall financial planning. Ownwell can help homeowners in Fairfield by identifying potential tax savings through appeals and exemptions. By leveraging expertise in property tax law and local market conditions, Ownwell ensures that homeowners pay only their fair share, potentially reducing their property tax burden and enhancing financial well-being.

Property Tax Bills Across Fairfield, Billings County, North Dakota

Source: Ownwell

$240

$261

$281

Median Fairfield Tax Bill

$155

Median Billings County Tax Bill

$281

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Fairfield, Billings County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58627	N/A	N/A	N/A	N/A	N/A

Source: Ownwell