Makoti, Mountrail County, North Dakota Property Taxes

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

Median Makoti, ND effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Makoti, ND home value: $78,800
Median annual Makoti, ND tax bill: $592, $1,808 lower than the national median property tax bill of $2,400.

How are property taxes in Mountrail County calculated?

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

Last Updated March 1, 2025

Makoti, Mountrail County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.75%

Estimate Property Tax Bill

$819

$760

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

Property Tax Rates Across Makoti, Mountrail County, North Dakota

Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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 Makoti, located in Mountrail County, ND, the effective property tax rate is a reflection of this process. The median property tax rate in North Dakota is notably lower than the national median of 1.02%. By comparing Makoti’s effective property tax rate to other cities in North Dakota, as well as the state and national medians, property owners can gain a clearer understanding of where their property tax obligations stand. This comparison can be particularly enlightening for those considering property investments or relocations within the state. Understanding these rates is crucial for financial planning and ensuring that property owners are not caught off guard by unexpected tax bills.

Property Tax Rates Across Makoti, Mountrail County, North Dakota

Source: Ownwell

0.36%

0.57%

0.78%

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 Makoti Tax Rate

0.75%

Median Effective Mountrail County Tax Rate

0.53%

Median Effective North Dakota Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Makoti, Mountrail County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58756	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Makoti, Mountrail County, North Dakota

When examining property taxes in Makoti, 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 Mountrail 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 Mountrail 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 Makoti. For example, the median home price in Makoti is $78,800, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Makoti, Mountrail County, North Dakota

Source: Ownwell

$119,400

$157,900

$196,400

Median Makoti Market Value

$109,150

Median Mountrail County Market Value

$153,500

Median North Dakota Market Value

$244,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Makoti, Mountrail County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58756	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Makoti, Mountrail County, North Dakota

In Makoti, located in Mountrail County, ND, property tax bills are calculated using the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. In Makoti, the median home price is $78,800, which is significantly lower than the national median. The property tax bill for homeowners in Makoti ranges from $585 at the 25th percentile to $964 at the 75th percentile, with the 90th percentile reaching $1,187. These figures are below the national median property tax bill of $2,400, offering a relatively affordable tax burden for local homeowners. However, for residents looking to further reduce their tax bills, Ownwell provides expert property tax appeal services. By analyzing your property’s assessed value and comparing it to similar properties, Ownwell identifies discrepancies and opportunities for savings. This assistance can lead to significant reductions in your annual tax bill, ensuring you pay only your fair share.

Property Tax Bills Across Makoti, Mountrail County, North Dakota

Source: Ownwell

$370

$881

$1,391

Median Makoti Tax Bill

$722

Median Mountrail County Tax Bill

$819

Median North Dakota Tax Bill

$2,769

Median United States Tax Bill

$2,400

Property Tax Bills Across Makoti, Mountrail County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58756	N/A	N/A	N/A	N/A	N/A

Source: Ownwell