Northwood, Grand Forks County, North Dakota Property Taxes

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

Median Northwood, 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 Northwood, ND home value: $137,700. Median annual Northwood, ND tax bill: $1,860, $540 lower than the national median property tax bill of $2,400.

How are property taxes in Grand Forks calculated?

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

Last Updated March 1, 2025

Northwood, Grand Forks County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.43%

Estimate Property Tax Bill

$1,969

$1,827

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

Property Tax Rates Across Northwood, Grand Forks County, North Dakota

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Northwood’s effective property tax rate to other cities in North Dakota and the median property tax rates in North Dakota and the U.S.

Property Tax Rates Across Northwood, Grand Forks County, North Dakota

Source: Ownwell

0.88%

1.32%

1.77%

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 Northwood Tax Rate

1.43%

Median Effective Grand Forks County Tax Rate

1.49%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Northwood, Grand Forks County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58267	1.04%	1.43%	1.43%	1.43%	1.43%

Source: Ownwell

Property Tax Assessment Values Across Northwood, Grand Forks County, North Dakota

When examining property taxes in Northwood, 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 Grand Forks 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 Grand Forks County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Northwood. For example, the median home price in Northwood is $137,700, with tax bills ranging significantly across the county. ZIP code 58267 has the highest median home price at $137,700.

Property Tax Assessment Values Across Northwood, Grand Forks County, North Dakota

Source: Ownwell

$31,300

$130,600

$229,900

Median Northwood Market Value

$137,700

Median Grand Forks County Market Value

$201,100

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Northwood, Grand Forks County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58267	$56,100	$91,900	$137,700	$192,350	$257,200

Source: Ownwell

Property Tax Bills Across Northwood, Grand Forks County, North Dakota

In Northwood, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as changes in the housing market, improvements to the property, and local government budget needs can influence the assessed value. For homeowners in Northwood, the median property tax bill is $1,860, which is below the national median of $2,400. However, for some, the tax bill can reach as high as $3,544, depending on the property's assessed value and location within Grand Forks County. Homeowners may find their property tax bills burdensome, particularly if their home's assessed value increases significantly. Ownwell can help homeowners save on their property tax bills by providing professional assistance in appealing assessments. This ensures that homeowners are not overpaying and are only taxed on a fair market value, potentially leading to significant savings.

Property Tax Bills Across Northwood, Grand Forks County, North Dakota

Source: Ownwell

$273

$1,851

$3,428

Median Northwood Tax Bill

$1,860

Median Grand Forks County Tax Bill

$2,953

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Northwood, Grand Forks County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58267	$747	$1,140	$1,860	$2,600	$3,544

Source: Ownwell