Benedict, Ward County, North Dakota Property Taxes

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

Median Benedict, 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 Benedict, ND home value: $226,000
Median annual Benedict, ND tax bill: $2,100, $300 lower than the national median property tax bill of $2,400.

How are property taxes in Ward calculated?

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

Last Updated March 1, 2025

Benedict, Ward County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$2,102

$1,950

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

By entering your property's estimated assessed value, our calculator applies Benedict’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 Ward County.

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

Property Tax Rates Across Benedict, Ward County, North Dakota

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? 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 Benedict’s effective property tax rate to other cities in North Dakota and the median property tax rates in North Dakota and the U.S.

Property Tax Rates Across Benedict, Ward County, North Dakota

Source: Ownwell

0.78%

1.22%

1.65%

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 Benedict Tax Rate

0.93%

Median Effective Ward County Tax Rate

1.65%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Benedict, Ward County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58716	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Benedict, Ward County, North Dakota

When examining property taxes in Benedict, 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 Ward 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 Ward 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 Benedict.

For example, the median home price in Benedict is $226,000, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Benedict, Ward County, North Dakota

Source: Ownwell

$83,000

$180,000

$277,000

Median Benedict Market Value

$226,000

Median Ward County Market Value

$201,000

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Benedict, Ward County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58716	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Benedict, Ward County, North Dakota

In Benedict, located in Ward County, ND, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the home's market value. For a median-priced home in Benedict, which stands at $226,000, the property tax bill can vary significantly. Homeowners at the 25th percentile face tax bills around $1,882, while those at the 75th percentile see bills closer to $2,318. The 90th percentile reaches approximately $2,449. These figures highlight the variance in property tax burdens, which can significantly impact a homeowner's budget, especially when compared to the national median property tax bill of $2,400.

Ownwell offers valuable assistance to homeowners in Benedict by identifying potential savings on property tax bills. By leveraging expert knowledge and resources, Ownwell helps homeowners navigate the complexities of property tax appeals and exemptions, ensuring they pay only what is necessary. This service can result in substantial savings, easing the financial burden on property owners.

Property Tax Bills Across Benedict, Ward County, North Dakota

Source: Ownwell

$765

$1,960

$3,154

Median Benedict Tax Bill

$2,100

Median Ward County Tax Bill

$2,940

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Benedict, Ward County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58716	N/A	N/A	N/A	N/A	N/A

Source: Ownwell