Forest River, Walsh County, North Dakota Property Taxes

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

Median Forest River, ND effective property tax rate: 1.87%, significantly higher than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Forest River, ND home value: $57,600
Median annual Forest River, ND tax bill: $1,075, $1,325 lower than the national median property tax bill of $2,400.

How are property taxes in Walsh calculated?

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

Last Updated March 1, 2025

Forest River, Walsh County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.87%

Estimate Property Tax Bill

$1,077

$1,000

Ownwell’s Forest River Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Forest River with just two data points.

By entering your property's estimated assessed value, our calculator applies Forest River’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 Walsh County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Forest River, Walsh County, North Dakota

Local government entities determine property tax rates, leading to significant variability within a state. Each year, counties like 38099 in North Dakota calculate their budgetary needs for essential services and divide this by the total value of taxable property, resulting in the property tax rate. This process, while involving legislative measures and public votes, essentially outlines how property tax rates are set annually. In Forest River, located in Walsh County, the effective property tax rate offers a point of comparison against other cities in North Dakota and the national landscape. With North Dakota's median property tax rate at 1.87%, it stands notably higher than the national median of 1.02%. This difference highlights the importance of understanding local tax rates, as they can significantly impact property owners' financial responsibilities. By comparing Forest River's tax rate to state and national medians, property owners can make informed decisions about potential tax liabilities and explore opportunities for tax appeals or exemptions.

Property Tax Rates Across Forest River, Walsh County, North Dakota

Source: Ownwell

1.87%

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 Forest River Tax Rate

1.87%

Median Effective Walsh County Tax Rate

1.87%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Forest River, Walsh County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58233	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Forest River, Walsh County, North Dakota

When examining property taxes in Forest River, 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 Walsh 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 Walsh 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 Forest River. For example, the median home price in Forest River is $57,600, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Forest River, Walsh County, North Dakota

Source: Ownwell

$60,400

Median Forest River Market Value

$57,600

Median Walsh County Market Value

$50,800

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Forest River, Walsh County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58233	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Forest River, Walsh County, North Dakota

In Forest River, Walsh County, ND, property tax bills are primarily determined by the assessed value of a home, which in this region is influenced by the median home price of $57,600. The local tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as property size, location, and improvements can also affect the assessed value. Interestingly, the property tax bill here is consistently $1,075 across the 25th, 75th, and 90th percentiles, which is below the national median property tax bill of $2,400. This suggests a relatively stable tax burden for homeowners in this area. However, even with a lower tax bill, homeowners can still benefit from appealing their property tax assessments to ensure they are not overpaying. Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially saving them significant amounts on their tax bills. By analyzing local market trends and assessment data, Ownwell helps ensure that homeowners pay only their fair share.

Property Tax Bills Across Forest River, Walsh County, North Dakota

Source: Ownwell

$1,127

Median Forest River Tax Bill

$1,075

Median Walsh County Tax Bill

$926

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Forest River, Walsh County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58233	N/A	N/A	N/A	N/A	N/A

Source: Ownwell