Mantador, Richland County, North Dakota Property Taxes
Median Mantador, ND effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the North Dakota state median of 1.30%. Median Mantador, ND home value: $238,700. Median annual Mantador, ND tax bill: $2,782, $382 higher than the national median property tax bill of $2,400.
How are property taxes in Richland County calculated?
Property taxes in Mantador, 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 Mantador’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mantador, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mantador, Richland County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.17%
Estimate Property Tax Bill
$2,793
$2,592
Property Tax Rates Across Mantador, Richland County, North Dakota
Local government entities in Mantador, located in Richland County, ND, establish tax rates that can differ significantly within the state. This variation arises because each year, counties determine their budgetary needs to fund essential services. They then divide this budget by the total value of all taxable properties in their jurisdiction, resulting in the property tax rate. While the process involves votes and legislation, this annual cycle encapsulates its essence.
Comparing Mantador’s effective property tax rate to other cities in North Dakota and the broader U.S. landscape offers insight into local tax burdens. With North Dakota’s median property tax rate at 1.17%, it surpasses the national median of 1.02%. However, the typical property tax bill in the state is often lower than the national median bill of $2400, reflecting the interplay between property values and tax rates. Understanding these dynamics can provide property owners with valuable context when considering tax appeals or exemptions, ultimately aiding in making informed decisions about their property taxes.
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 Mantador Tax Rate
1.17%
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 Richland County Tax Rate
1.58%
Median Effective North Dakota Tax Rate
1.30%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mantador, Richland County, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58058 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Mantador, Richland County, North Dakota
When examining property taxes in Mantador, 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, influenced by location, property condition, and economic trends. The Richland 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. This value is used to calculate property taxes, which is the amount multiplied by your tax rate to get your tax bill.
In Richland County, assessment notices are sent in the spring each year, typically reaching your mailbox by mid-April. Each property owner receives an assessment notice containing both the market value and assessed value, along with an estimate of the property tax bill. This information aids property owners in understanding the valuation processes affecting their property taxes in Mantador.
For example, the median home price in Mantador is $238,700, with tax bills consistently around $2,782 across the county. This contrasts with the national median property tax bill of $2,400, highlighting the importance of understanding local tax assessments.
Property Tax Assessment Values Across Mantador, Richland County, North Dakota
Source: Ownwell
$122,250
$122,250
$122,250
Median Mantador Market Value
$238,700
Median Richland County Market Value
$121,100
Median North Dakota Market Value
$217,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mantador, Richland County, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58058 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Mantador, Richland County, North Dakota
In Mantador, located in Richland County, ND, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the home's market value, and the tax rate is set by local taxing authorities to fund community services like schools and infrastructure. With a median home price of $238,700, the property tax bills in Mantador are notably higher than the national median property tax bill of $2,400, with the 25th, 75th, and 90th percentiles all at $2,782. This higher tax bill can significantly impact homeowners, increasing their annual expenses.
Ownwell assists homeowners in Mantador by providing expert property tax appeal services. By analyzing the assessed value and comparing it with market conditions, Ownwell can identify potential inaccuracies or overassessments. This process can lead to a reduction in property tax bills, easing the financial burden on homeowners. Through professional guidance and support, Ownwell ensures that homeowners pay only their fair share, potentially saving them hundreds or even thousands of dollars annually.
Median Mantador Tax Bill
$2,782
Median Richland County Tax Bill
$1,800
Median North Dakota Tax Bill
$2,659
Median United States Tax Bill
$2,400
Property Tax Bills Across Mantador, Richland County, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58058 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell