New Leipzig, Grant County, North Dakota Property Taxes
Median New Leipzig, ND effective property tax rate: 1.49%, significantly higher than the national median of 1.02%, but lower than the North Dakota state median of 1.30%. Median New Leipzig, ND home value: $32,500. Median annual New Leipzig, ND tax bill: $483, $1,917 lower than the national median property tax bill of $2,400.
How are property taxes in Grant calculated?
Property taxes in New Leipzig, 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 New Leipzig’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Leipzig, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Leipzig, Grant County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.49%
Estimate Property Tax Bill
$484
$449
Property Tax Rates Across New Leipzig, Grant County, North Dakota
Local government entities set tax rates, which can vary widely within a state. This variation is primarily because each county annually estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction. This calculation results 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.
In New Leipzig, located in Grant County, North Dakota, the effective property tax rate stands at 1.49%, which is notably higher than the national median of 1.02%. This rate is consistent across the county, reflecting a standardized approach to property taxation. When compared to the national median property tax bill of $2,400, residents in New Leipzig might experience a different financial landscape due to the local tax rate. Understanding these differences can help property owners make informed decisions about appeals and exemptions. By staying informed about local tax rates, property owners can better navigate the complexities of property taxation and potentially reduce their tax liabilities.
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 New Leipzig Tax Rate
1.49%
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 Grant County Tax Rate
0.99%
Median Effective North Dakota Tax Rate
1.30%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Leipzig, Grant County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58562 | 0.71% | 0.97% | 1.49% | 3.36% | 4.16% |
Source: Ownwell
Property Tax Assessment Values Across New Leipzig, Grant County, North Dakota
When examining property taxes in New Leipzig, 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 Grant 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 Grant 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 New Leipzig.
For example, the median home price in New Leipzig is $32,500, with tax bills ranging significantly across the county. Zip code 58562 has the highest median home price at $32,500.
Property Tax Assessment Values Across New Leipzig, Grant County, North Dakota
Source: Ownwell
$32,500
$44,125
$55,750
Median New Leipzig Market Value
$32,500
Median Grant County Market Value
$49,750
Median North Dakota Market Value
$217,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Leipzig, Grant County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58562 | $9,000 | $15,950 | $32,500 | $42,450 | $48,400 |
Source: Ownwell
Property Tax Bills Across New Leipzig, Grant County, North Dakota
Median New Leipzig Tax Bill
$483
Median Grant County Tax Bill
$445
Median North Dakota Tax Bill
$2,659
Median United States Tax Bill
$2,400
Property Tax Bills Across New Leipzig, Grant County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58562 | $78 | $381 | $483 | $816 | $897 |
Source: Ownwell