Keene, Mckenzie County, North Dakota Property Taxes
Median Keene, ND effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Keene, ND home value: $82,060
Median annual Keene, ND tax bill: $422, $1,978 lower than the national median property tax bill of $2,400.
How are property taxes in McKenzie calculated?
Property taxes in Keene, 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 Keene’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Keene, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Keene, Mckenzie County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$419
$388
Property Tax Rates Across Keene, Mckenzie County, North Dakota
Local government entities are responsible for setting tax rates, and these rates can vary significantly within a state. The reason for this variance is that each county, like McKenzie in North Dakota, estimates its annual budget to provide essential services and then divides that amount by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate for that area. While the process involves votes and laws to finalize tax rates and budgets, this is the basic annual procedure.
In Keene, located in McKenzie County, property owners experience an effective property tax rate that is notably lower than both the state and national medians. With a median property tax rate of 0.51%, McKenzie's rate is considerably below the national median of 1.02%. This makes Keene an attractive location for property owners looking to benefit from lower property tax rates. By comparing these rates, it's evident that Keene offers a more favorable tax environment compared to many other regions, providing significant savings for its residents.
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 Keene Tax Rate
0.51%
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 Mckenzie County Tax Rate
0.83%
Median Effective North Dakota Tax Rate
1.30%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Keene, Mckenzie County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58847 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Keene, Mckenzie County, North Dakota
When examining property taxes in Keene, 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 McKenzie 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 McKenzie County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Keene. For example, the median home price in Keene is $82,060, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Keene, Mckenzie County, North Dakota
Source: Ownwell
$100,330
$153,788
$207,245
Median Keene Market Value
$82,060
Median Mckenzie County Market Value
$163,270
Median North Dakota Market Value
$217,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Keene, Mckenzie County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58847 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Keene, Mckenzie County, North Dakota
In Keene, located in McKenzie County, ND, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, size, and condition. With a median home price of $82,060, homeowners in Keene face property tax bills that vary significantly. For example, while the 25th percentile tax bill is $167, the 75th percentile reaches $572, and the 90th percentile climbs to $875. Compared to the national median property tax bill of $2,400, Keene homeowners generally experience lower property tax burdens. However, these bills can still pose challenges for some residents.
Ownwell assists homeowners by identifying opportunities for tax appeals and exemptions, potentially leading to significant savings. Our experts analyze property assessments, ensuring they align with actual market values, and guide homeowners through the appeal process. By leveraging Ownwell's expertise, Keene residents can reduce their property tax bills, easing financial burdens and enhancing homeownership affordability.
Median Keene Tax Bill
$422
Median Mckenzie County Tax Bill
$1,120
Median North Dakota Tax Bill
$2,659
Median United States Tax Bill
$2,400
Property Tax Bills Across Keene, Mckenzie County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58847 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell