Parshall, Mountrail County, North Dakota Property Taxes
Median Parshall, ND effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Parshall, ND home value: $121,600
Median annual Parshall, ND tax bill: $724, $1,676 lower than the national median property tax bill of $2,400.
How are property taxes in Mountrail County calculated?
Property taxes in Parshall, 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 Parshall’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Parshall, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Parshall, Mountrail County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$730
$677
Property Tax Rates Across Parshall, Mountrail County, North Dakota
Local government entities in North Dakota set property tax rates, which can differ significantly across the state. Each year, counties like Mountrail estimate their budgetary needs for public services and divide that amount by the total assessed value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. While the process involves votes and legislation, this is the core method used annually.
In Parshall, located in Mountrail County, the effective property tax rate stands at 0.60%. This rate is notably lower than the national median property tax rate of 1.02%. When compared to other cities in North Dakota, Parshall’s property tax rate is consistent, as it shares the same rate with other areas within the state. With the national median property tax bill at $2,400, Parshall residents benefit from significantly lower property tax bills, making it an attractive location for homeowners seeking affordability.
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 Parshall Tax Rate
0.60%
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 Mountrail County Tax Rate
0.60%
Median Effective North Dakota Tax Rate
1.30%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Parshall, Mountrail County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58770 | 0.51% | 0.56% | 0.60% | 0.78% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Parshall, Mountrail County, North Dakota
When examining property taxes in Parshall, 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 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 Parshall. For example, the median home price in Parshall is $121,600, with tax bills ranging significantly across the county. Zip code 58770 has the highest median home price at $121,600.
Property Tax Assessment Values Across Parshall, Mountrail County, North Dakota
Source: Ownwell
$83,000
$131,950
$180,900
Median Parshall Market Value
$121,600
Median Mountrail County Market Value
$139,300
Median North Dakota Market Value
$217,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Parshall, Mountrail County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58770 | $47,170 | $71,150 | $121,600 | $185,475 | $254,060 |
Source: Ownwell
Property Tax Bills Across Parshall, Mountrail County, North Dakota
Median Parshall Tax Bill
$724
Median Mountrail County Tax Bill
$783
Median North Dakota Tax Bill
$2,659
Median United States Tax Bill
$2,400
Property Tax Bills Across Parshall, Mountrail County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58770 | $297 | $430 | $724 | $1,109 | $1,600 |
Source: Ownwell