Balfour, Mchenry County, North Dakota Property Taxes

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Property Taxes in Balfour, North Dakota

Median Balfour, North Dakota effective property tax rate: 0.01%, significantly lower than the national median of 1.02%, and lower than the North Dakota state median of 1.20%.
Median Balfour, North Dakota home value: $97,750
Median annual Balfour, North Dakota tax bill: $8, lower than the national median property tax bill of $2,400.

How are property taxes in McHenry calculated?

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

Last Updated April 13, 2026

Balfour, Mchenry County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.01%

Estimate Property Tax Bill

$10

How Does the Balfour Property Tax Calculator Work?

Use this Balfour property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Balfour's median effective tax rate of 0.01% — based on actual property records in McHenry County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Balfour's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Balfour: rates range by local school district levies and assessment districts, so your final tax bill can differ from the median. Balfour's median property tax bill is $8, which is lower than North Dakota's $2,400 national median property tax bill and reflects the area's 0.01% median effective tax rate.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Balfour.

About Balfour Property Taxes

About Property Taxes in Balfour, McHenry, North Dakota

Balfour's median effective property tax rate of 0.01% is higher than the North Dakota state median of 1.20% and lower than the national median of 1.02%. This rate reflects the McHenry County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.

Property tax rates are not uniform across Balfour. Homeowners in the highest ZIP code carry a median effective rate of 0.01%, while those in the lowest ZIP code pay 0.01%. This spread reflects how school district boundaries and local assessment districts are drawn across McHenry County. Understanding which part of Balfour you live in can make a meaningful difference to your annual tax bill.

Balfour homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the April 13, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Balfour, Mchenry County, North Dakota

As noted earlier, 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 Balfour'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 Balfour, Mchenry County, North Dakota

Source: Ownwell

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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 Balfour Tax Rate

0.01%

Median Effective Mchenry County Tax Rate

0.01%

Median Effective North Dakota Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Balfour, Mchenry County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58712	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Balfour, Mchenry County, North Dakota

When examining property taxes in Balfour, 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 McHenry County assessor 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 McHenry 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 Balfour.

For example, the median home price in Balfour is $97,750, with tax bills ranging significantly across the county. Balfour’s median property tax bill is $8, far below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.

Property Tax Assessment Values Across Balfour, Mchenry County, North Dakota

Source: Ownwell

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Median Balfour Market Value

$97,750

Median Mchenry County Market Value

$75,750

Median North Dakota Market Value

$244,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Balfour, Mchenry County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58712	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Balfour, Mchenry County, North Dakota

How Are Property Tax Bills Calculated in Balfour?

Property tax bills in Balfour are based on the assessed value of a home and the local tax rate set for McHenry County. The assessed value is used to determine how much tax a homeowner owes, so when a property’s market value changes, the bill can change too. With a median home price of $97,750, even small shifts in assessment can affect the final tax amount.

What factors are considered? Local taxing authorities look at the home’s assessed value, any applicable exemptions, and the tax rate in place for the area. These elements work together to determine the annual bill. In Balfour, the tax bill is notably low, with the 25th, 75th, and 90th percentile all at $8, showing very limited variation across homeowners.

How does this affect homeowners? A lower tax bill can reduce carrying costs, but it also means homeowners should still review assessments carefully to make sure they are accurate and fair.

Property Tax Bills Across Balfour, Mchenry County, North Dakota

Source: Ownwell

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Median Balfour Tax Bill

Median Mchenry County Tax Bill

Median North Dakota Tax Bill

$2,769

Median United States Tax Bill

$2,400

Property Tax Bills Across Balfour, Mchenry County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58712	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	April 13

Links
McHenry Tax Assessor
Website	portico.mygisonline.com

Frequently Asked Property Tax Questions in Balfour, North Dakota

How are property taxes calculated in Balfour, North Dakota?

Property taxes in Balfour, North Dakota are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Balfour, North Dakota?

To appeal your property taxes in Balfour, North Dakota, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Balfour, North Dakota?

Common property tax exemptions in Balfour, North Dakota include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Balfour, North Dakota?

Property tax deadlines in Balfour, North Dakota vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Balfour, North Dakota?

Ownwell provides professional property tax appeal services in Balfour, North Dakota. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.