Carpio, Ward County, North Dakota Property Taxes
Median Carpio, ND effective property tax rate: 0.97%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Carpio, ND home value: $121,500
Median annual Carpio, ND tax bill: $1,254, $1,146 lower than the national median property tax bill of $2,400.
How are property taxes in Ward County calculated?
Property taxes in Carpio, 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 Carpio’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Carpio, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Carpio, Ward County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.97%
Estimate Property Tax Bill
$1,179
$1,094
Property Tax Rates Across Carpio, Ward County, North Dakota
Local government entities set tax rates, which can vary widely within a state. 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 Carpio’s effective property tax rate to other cities in North Dakota and the median property tax rates in North Dakota and the U.S.
In Carpio, located in Ward County, the property tax rate is closely aligned with the state's median rate of 0.97%. This is slightly below the national median property tax rate of 1.02%, offering a relatively affordable option for homeowners. The consistency of the tax rate across the region ensures predictability for property owners, providing a stable financial environment. This stability is crucial for budgeting and long-term planning, making Carpio and its surrounding areas an attractive choice for residents seeking financial predictability.
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 Carpio Tax Rate
0.97%
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 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 Carpio, Ward County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58725 | 0.93% | 0.94% | 0.97% | 1.21% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Carpio, Ward County, North Dakota
When examining property taxes in Carpio, 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 Ward County Assessor's Office 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 Carpio. For example, the median home price in Carpio is $121,500, with tax bills ranging significantly across the county. Zip code 58725 has the highest median home price at $121,500.
Property Tax Assessment Values Across Carpio, Ward County, North Dakota
Source: Ownwell
$83,000
$180,000
$277,000
Median Carpio Market Value
$121,500
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 Carpio, Ward County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58725 | $52,000 | $97,500 | $121,500 | $256,000 | $444,300 |
Source: Ownwell
Property Tax Bills Across Carpio, Ward County, North Dakota
Median Carpio Tax Bill
$1,254
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 Carpio, Ward County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58725 | $519 | $819 | $1,254 | $2,242 | $3,268 |
Source: Ownwell