Goodrich, Sheridan County, North Dakota Property Taxes
Median Goodrich, ND effective property tax rate: 1.11%, significantly higher than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Goodrich, ND home value: $28,600
Median annual Goodrich, ND tax bill: $158, $2,242 lower than the national median property tax bill of $2,400.
How are property taxes in Sheridan calculated?
Property taxes in Goodrich, 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 Goodrich’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Goodrich, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Goodrich, Sheridan County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.11%
Estimate Property Tax Bill
$317
$295
Property Tax Rates Across Goodrich, Sheridan County, North Dakota
Local government entities set tax rates, which can vary widely within a state. This variation occurs because 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.
Goodrich in Sheridan County, North Dakota, presents an interesting case for property tax analysis. The effective property tax rate in Goodrich is higher than the national median property tax rate of 1.02%. When comparing these rates to other cities in North Dakota, Goodrich's rate is above the state's median property tax rate of 1.11%. This means homeowners in Goodrich may experience higher property tax bills compared to other regions in the state and the nation. Understanding these differences can help homeowners make informed decisions about property investments and budget planning. With property tax rates being a crucial factor in the overall cost of homeownership, it's essential to stay informed and consider appealing or seeking exemptions if the opportunity arises.
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 Goodrich Tax Rate
1.11%
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 Sheridan County Tax Rate
1.11%
Median Effective North Dakota Tax Rate
1.30%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Goodrich, Sheridan County, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58444 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Goodrich, Sheridan County, North Dakota
When examining property taxes in Goodrich, 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 Sheridan 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 Sheridan 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 Goodrich. For example, the median home price in Goodrich is $28,600, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Goodrich, Sheridan County, North Dakota
Source: Ownwell
$23,731
$23,731
$23,731
Median Goodrich Market Value
$28,600
Median Sheridan County Market Value
$47,200
Median North Dakota Market Value
$217,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Goodrich, Sheridan County, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58444 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Goodrich, Sheridan County, North Dakota
Median Goodrich Tax Bill
$158
Median Sheridan County Tax Bill
$348
Median North Dakota Tax Bill
$2,659
Median United States Tax Bill
$2,400
Property Tax Bills Across Goodrich, Sheridan County, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58444 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell