Granville, Mchenry County, North Dakota Property Taxes

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

Median Granville, ND effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Granville, ND home value: $91,450
Median annual Granville, ND tax bill: $808, $1,592 lower than the national median property tax bill of $2,400.

How are property taxes in McHenry calculated?

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

Last Updated March 1, 2025

Granville, Mchenry County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.01%

Estimate Property Tax Bill

$924

$857

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

Property Tax Rates Across Granville, Mchenry County, North Dakota

Local government entities set tax rates, which can vary widely within a state. In Granville, McHenry County, North Dakota, the property tax rate is determined by estimating the county's required budget for services and dividing it by the total value of all taxable property within the jurisdiction. This process results in the effective property tax rate for the area. While votes and laws play a role in setting tax rates and budgets, this calculation is a key component of the annual process.

Granville's effective property tax rate can be compared to other cities in North Dakota, as well as to the state and national medians. North Dakota's median property tax rate is slightly below the national median of 1.02%. This comparison highlights how property tax rates can differ significantly from one location to another, influenced by local budgetary needs and property values. Understanding these differences can help property owners in Granville and beyond make informed decisions about property tax appeals and exemptions, potentially leading to savings.

Property Tax Rates Across Granville, Mchenry County, North Dakota

Source: Ownwell

1.18%

1.30%

1.43%

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 Granville Tax Rate

1.01%

Median Effective Mchenry County Tax Rate

1.11%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Granville, Mchenry County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58741	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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

When examining property taxes in Granville, 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'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 McHenry 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 Granville. For example, the median home price in Granville is $91,450, with tax bills ranging significantly across the county, from $568 at the 25th percentile to $1,193 at the 90th percentile.

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

Source: Ownwell

$62,250

$75,400

$88,550

Median Granville Market Value

$91,450

Median Mchenry County Market Value

$74,300

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

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

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58741	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Granville, Mchenry County, North Dakota

In Granville, ND, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This value is a percentage of the home's market value. The property tax rate in McHenry County is applied to this assessed value to determine the tax bill. With a median home price of $91,450, homeowners in Granville face property tax bills that vary significantly. The 25th percentile tax bill is $568, while the 75th percentile reaches $1,049, and the 90th percentile goes up to $1,193. These figures show that Granville's property taxes can be both below and above the national median tax bill of $2,400, depending on the home's assessed value and other factors. Homeowners can find these tax bills burdensome, especially if their property's assessed value is high. Ownwell can assist homeowners by reviewing their property assessments to identify any discrepancies and filing appeals on their behalf. This can potentially lower their tax bills and provide significant savings.

Property Tax Bills Across Granville, Mchenry County, North Dakota

Source: Ownwell

$598

$954

$1,310

Median Granville Tax Bill

$808

Median Mchenry County Tax Bill

$855

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Granville, Mchenry County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58741	N/A	N/A	N/A	N/A	N/A

Source: Ownwell