Brocket, Ramsey County, North Dakota Property Taxes
Median Brocket, ND effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Brocket, ND home value: $13,900
Median annual Brocket, ND tax bill: $124, $2,276 lower than the national median property tax bill of $2,400.
How are property taxes in Ramsey calculated?
Property taxes in Brocket, 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 Brocket’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Brocket, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Brocket, Ramsey County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.93%
Estimate Property Tax Bill
$129
$120
Property Tax Rates Across Brocket, Ramsey County, North Dakota
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation is due to each county's need to estimate its annual budget for essential services, dividing this by the total value of all taxable property in their area. This calculation determines the property tax rate. Although votes and laws play a role in establishing tax rates and budgets, this summarizes the yearly process.
In Brocket, located in Ramsey County, North Dakota, the effective property tax rate is a key factor for homeowners to consider. Comparing Brocket's rate with other cities in North Dakota and the national median highlights the local tax landscape. North Dakota's median property tax rate is slightly below the national median of 1.02%, making it an attractive option for those looking to minimize property tax expenses. Understanding these rates can help homeowners make informed decisions about property investments and financial planning in the region.
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 Brocket Tax Rate
0.93%
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 Ramsey County Tax Rate
1.26%
Median Effective North Dakota Tax Rate
1.30%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Brocket, Ramsey County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58321 | 0.93% | 0.93% | 0.93% | 0.95% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Brocket, Ramsey County, North Dakota
When examining property taxes in Brocket, 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 Ramsey 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 Ramsey 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 Brocket.
For example, the median home price in Brocket is $13,900, with tax bills ranging significantly across the county. The zip code 58321 has the highest median home price at $13,900.
Property Tax Assessment Values Across Brocket, Ramsey County, North Dakota
Source: Ownwell
$10,300
$87,800
$165,300
Median Brocket Market Value
$13,900
Median Ramsey County Market Value
$147,600
Median North Dakota Market Value
$217,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Brocket, Ramsey County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58321 | $2,500 | $8,200 | $13,900 | $55,600 | $114,000 |
Source: Ownwell
Property Tax Bills Across Brocket, Ramsey County, North Dakota
In Brocket, North Dakota, property tax bills are calculated based on the assessed value of the property, which is a percentage of the market value determined by local assessors. The tax rate is applied to this assessed value to determine the final bill. Homeowners in Ramsey County may find their tax bills vary significantly, with the median bill at $124, noticeably lower than the national median of $2,400. Factors influencing these bills include the property's location, size, and improvements made. For example, the 25th percentile tax bill is $75, while the 90th percentile reaches $1,183, indicating a wide range of tax obligations within the area.
Homeowners might feel the financial pinch from these taxes, but Ownwell offers a solution. By leveraging expert knowledge in property tax appeals and exemptions, Ownwell can help homeowners potentially reduce their tax burden. This involves reviewing assessments for inaccuracies and identifying applicable exemptions, ensuring that homeowners only pay their fair share. By partnering with Ownwell, homeowners can achieve significant savings on their property tax bills.
Median Brocket Tax Bill
$124
Median Ramsey County Tax Bill
$1,862
Median North Dakota Tax Bill
$2,659
Median United States Tax Bill
$2,400
Property Tax Bills Across Brocket, Ramsey County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58321 | $22 | $75 | $124 | $544 | $1,183 |
Source: Ownwell
