Mcleod, Richland County, North Dakota Property Taxes

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

Median MCLEOD, ND effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median MCLEOD, ND home value: $180,800
Median annual MCLEOD, ND tax bill: $1,872, $528 lower than the national median property tax bill of $2,400.

How are property taxes in Richland calculated?

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

Last Updated March 1, 2025

Mcleod, Richland County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$1,880

$1,745

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

Property Tax Rates Across Mcleod, Richland County, North Dakota

Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare McLeod’s effective property tax rate to other cities in North Dakota and the median property tax rates in North Dakota and the U.S. McLeod, located in Richland County, has a property tax rate that reflects the local government's budgeting needs and the total assessed property value in the area. The median property tax rate in North Dakota is slightly above the national median, at 1.04%, compared to the national median of 1.02%. This slight difference can have a noticeable impact on property tax bills, especially when compared to the national median property tax bill of $2,400. Understanding these rates can help property owners in McLeod make informed decisions regarding their property tax obligations.

Property Tax Rates Across Mcleod, Richland County, North Dakota

Source: Ownwell

1.58%

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 Mcleod Tax Rate

1.04%

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 Mcleod, Richland County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58057	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Mcleod, Richland County, North Dakota

When examining property taxes in McLeod, 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 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 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. Assessment notices: In Richland 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 McLeod. For example, the median home price in McLeod is $180,800, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Mcleod, Richland County, North Dakota

Source: Ownwell

$122,250

Median Mcleod Market Value

$180,800

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 Mcleod, Richland County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58057	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Mcleod, Richland County, North Dakota

In McLeod, located in Richland County, ND, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in this area is $180,800. Interestingly, the property tax bill remains consistent across different percentiles, with the 25th, 75th, and 90th percentiles all at $1,872. This amount is slightly below the national median property tax bill of $2,400, reflecting a relatively moderate tax burden for homeowners in McLeod. Factors influencing the tax bill include property value assessments, local tax rates, and any applicable exemptions or deductions. For homeowners, this means their annual financial obligations can be somewhat predictable, yet still impactful on their budgets.

Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners reduce their tax liabilities. With expert guidance, homeowners in McLeod can ensure they are not overpaying on their property taxes, potentially saving hundreds of dollars annually.

Property Tax Bills Across Mcleod, Richland County, North Dakota

Source: Ownwell

$1,871

Median Mcleod Tax Bill

$1,872

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 Mcleod, Richland County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58057	N/A	N/A	N/A	N/A	N/A

Source: Ownwell