Pekin, Nelson County, North Dakota Property Taxes
Median Pekin, 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 Pekin, ND home value: $16,110
Median annual Pekin, ND tax bill: $162, $2,238 lower than the national median property tax bill of $2,400.
How are property taxes in Nelson County calculated?
Property taxes in Pekin, 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 Pekin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pekin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pekin, Nelson County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.01%
Estimate Property Tax Bill
$163
$151
Property Tax Rates Across Pekin, Nelson County, North Dakota
Local government entities in North Dakota set property tax rates, and these can vary significantly across the state. Each year, counties like Nelson estimate the budget required to provide essential services. They then divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Though votes and laws play a role in setting these rates and budgets, this annual process is the essence of how property taxes are determined.
Pekin, located in Nelson County, has an effective property tax rate that reflects this process. When compared to other cities in North Dakota, Pekin's tax rate is competitive. The median property tax rate in North Dakota stands at 1.01%, which is slightly below the national median of 1.02%. This means that residents in Pekin generally experience property tax bills that are in line with or slightly lower than the national average. Understanding these rates can help property owners make informed decisions about their investments and financial planning.
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 Pekin Tax Rate
1.01%
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 Nelson County Tax Rate
1.45%
Median Effective North Dakota Tax Rate
1.30%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Pekin, Nelson County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58361 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Pekin, Nelson County, North Dakota
When examining property taxes in Pekin, 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 Nelson 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 Nelson 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 Pekin.
For example, the median home price in Pekin is $16,110, with tax bills ranging significantly across the county. The national median property tax rate is 1.02%, highlighting the importance of understanding local assessments.
Property Tax Assessment Values Across Pekin, Nelson County, North Dakota
Source: Ownwell
$93,332
$93,332
$93,332
Median Pekin Market Value
$16,110
Median Nelson County Market Value
$33,165
Median North Dakota Market Value
$217,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Pekin, Nelson County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58361 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Pekin, Nelson County, North Dakota
In Pekin, located in Nelson County, ND, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value, which is determined by the local assessor. The tax rate is applied to this assessed value to calculate the annual property tax bill. With a median home price of $16,110, Pekin's property tax bills can be quite modest, with many homeowners paying around $162 annually. This is significantly lower than the national median property tax bill of $2,400.
Several factors influence the tax bill, including changes in property values, local government budgets, and applicable exemptions. For homeowners, understanding these factors is crucial, as they directly impact the amount owed each year. Ownwell offers expertise in navigating these complexities, helping homeowners identify potential savings through appeals and exemptions. By leveraging Ownwell's services, homeowners can ensure they are not overpaying, potentially reducing their property tax bills and saving money in the long term.
Median Pekin Tax Bill
$162
Median Nelson County Tax Bill
$558
Median North Dakota Tax Bill
$2,659
Median United States Tax Bill
$2,400
Property Tax Bills Across Pekin, Nelson County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58361 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell