Benedict, Mclean County, North Dakota Property Taxes

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

Median Benedict, ND effective property tax rate: 1.09%, significantly higher than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Benedict, ND home value: $38,100
Median annual Benedict, ND tax bill: $413, $1,987 lower than the national median property tax bill of $2,400.

How are property taxes in McLean calculated?

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

Last Updated March 1, 2025

Benedict, Mclean County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.09%

Estimate Property Tax Bill

$415

$385

Ownwell’s Benedict Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Benedict with just two data points.

By entering your property's estimated assessed value, our calculator applies Benedict’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 McLean County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Benedict, Mclean County, North Dakota

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county, including McLean County, estimates its required budget annually to provide essential services. The county then divides this budget by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While the process involves votes and laws to set tax rates and budgets, this is the fundamental annual procedure.

In Benedict, located in McLean County, North Dakota, the effective property tax rate can be compared to other cities within the state and to national figures. North Dakota's median property tax rate is slightly above the national median, reflecting the state's approach to funding local services. Understanding these rates is crucial for property owners who wish to manage their financial responsibilities effectively. By comparing Benedict's tax rate to state and national averages, property owners can gain valuable insights into their tax obligations and explore potential savings through property tax appeal and exemption services.

Property Tax Rates Across Benedict, Mclean County, North Dakota

Source: Ownwell

0.89%

1.11%

1.32%

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 Benedict Tax Rate

1.09%

Median Effective Mclean County Tax Rate

1.12%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Benedict, Mclean County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58716	0.98%	1.09%	1.09%	1.09%	1.09%

Source: Ownwell

Property Tax Assessment Values Across Benedict, Mclean County, North Dakota

When examining property taxes in Benedict, 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 McLean 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 McLean 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 Benedict.

For example, the median home price in Benedict is $38,100, with tax bills ranging significantly across the county. Zip code 58716 has the highest median home price at $38,100.

Property Tax Assessment Values Across Benedict, Mclean County, North Dakota

Source: Ownwell

$38,100

$112,600

$187,100

Median Benedict Market Value

$38,100

Median Mclean County Market Value

$136,000

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Benedict, Mclean County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58716	$6,620	$17,150	$38,100	$85,400	$112,640

Source: Ownwell

Property Tax Bills Across Benedict, Mclean County, North Dakota

In Benedict, McLean County, ND, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the tax bill. In Benedict, the median property tax bill is $413, significantly lower than the national median of $2400. This disparity highlights the relatively affordable property tax environment in the area. However, homeowners still face variability, with tax bills ranging from $210 at the 25th percentile to $1154 at the 90th percentile. Factors such as property size, location, and improvements can influence tax assessments, impacting homeowners' financial obligations. Ownwell can assist homeowners in Benedict by reviewing their property tax assessments to identify potential inaccuracies or overvaluations. By filing appeals and seeking applicable exemptions, Ownwell helps reduce property tax bills, ensuring homeowners pay only their fair share. This service can lead to substantial savings and provide peace of mind for property owners in Benedict.

Property Tax Bills Across Benedict, Mclean County, North Dakota

Source: Ownwell

$413

$1,159

$1,905

Median Benedict Tax Bill

$413

Median Mclean County Tax Bill

$1,469

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Benedict, Mclean County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58716	$100	$210	$413	$915	$1,154

Source: Ownwell