Watford City, Dunn County, North Dakota Property Taxes

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

Median Watford City, ND effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Watford City, ND home value: $270,910
Median annual Watford City, ND tax bill: $2026, $374 lower than the national median property tax bill of $2,400.

How are property taxes in Dunn calculated?

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

Last Updated March 1, 2025

Watford City, Dunn County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.75%

Estimate Property Tax Bill

$2,032

$1,885

Ownwell’s Watford City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Watford City with just two data points. By entering your property's estimated assessed value, our calculator applies Watford City’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 Dunn County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Watford City, Dunn County, North Dakota

Local government entities determine tax rates, leading to significant variations within North Dakota. This variation arises because each county annually estimates its budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

Watford City, located in McKenzie County, is a prime example of this process. The effective property tax rate here can be compared to other cities in North Dakota, as well as the median property tax rates in the state and across the U.S. North Dakota's median property tax rate is lower than the national median, making it an attractive option for property owners. This lower rate can lead to significant savings, especially when compared to areas with higher rates. Understanding these differences can help property owners make informed decisions about where to invest or settle.

Property Tax Rates Across Watford City, Dunn County, North Dakota

Source: Ownwell

0.29%

0.52%

0.75%

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 Watford City Tax Rate

0.75%

Median Effective Dunn County Tax Rate

0.72%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Watford City, Dunn County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58854	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Watford City, Dunn County, North Dakota

When examining property taxes in Watford City, 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 Dunn County Assessor's Office 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 Dunn 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 Watford City. For example, the median home price in Watford City is $270,910, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Watford City, Dunn County, North Dakota

Source: Ownwell

$34,205

$111,510

$188,815

Median Watford City Market Value

$270,910

Median Dunn County Market Value

$119,040

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Watford City, Dunn County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58854	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Watford City, Dunn County, North Dakota

In Watford City, located in Dunn County, ND, property tax bills are calculated based on the assessed value of a home, which reflects a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Homeowners in Watford City face a median property tax bill that is significantly below the national median of $2,400, with the 75th percentile tax bill reaching $2,097. Factors influencing the tax bill include changes in property values, local government budgets, and tax rates set by the county. These taxes contribute to funding essential services like schools, roads, and emergency services, impacting the community's overall quality of life. Ownwell can assist homeowners in Watford City by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and market trends, Ownwell ensures homeowners only pay their fair share, potentially reducing their tax burden and resulting in substantial savings.

Property Tax Bills Across Watford City, Dunn County, North Dakota

Source: Ownwell

$118

$790

$1,461

Median Watford City Tax Bill

$2,026

Median Dunn County Tax Bill

$774

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Watford City, Dunn County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58854	N/A	N/A	N/A	N/A	N/A

Source: Ownwell