Sykeston, Wells County, North Dakota Property Taxes

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

Median Sykeston, ND effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Sykeston, ND home value: $81,600
Median annual Sykeston, ND tax bill: $338, $2,062 lower than the national median property tax bill of $2,400.

How are property taxes in Wells County calculated?

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

Last Updated March 1, 2025

Sykeston, Wells County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.55%

Estimate Property Tax Bill

$449

$416

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

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

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

Property Tax Rates Across Sykeston, Wells County, North Dakota

Local government entities set tax rates, and these can vary significantly across different areas within a state. Each county determines its required budget to provide essential services annually and divides this amount by the total value of all taxable property within its jurisdiction, resulting in the property tax rate.

Votes and legislation can influence tax rates and budgets, but this is the annual process in simple terms. In Sykeston, located in Wells County, North Dakota, the effective property tax rate offers a unique perspective when compared to other cities in the state and the national median. North Dakota's median property tax rate is notably lower than the national median, which provides a compelling advantage for property owners in the area. This lower rate can lead to significant savings over time, making it an attractive location for homeowners seeking financial efficiency.

When considering property investments or relocations, understanding these tax differences is crucial. By comparing Sykeston's property tax rate with state and national figures, potential homeowners can make informed decisions that align with their financial goals.

Property Tax Rates Across Sykeston, Wells County, North Dakota

Source: Ownwell

0.40%

0.66%

0.93%

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 Sykeston Tax Rate

0.55%

Median Effective Wells County Tax Rate

0.66%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sykeston, Wells County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58486	0.15%	0.50%	0.55%	0.59%	0.63%

Source: Ownwell

Property Tax Assessment Values Across Sykeston, Wells County, North Dakota

When examining property taxes in Sykeston, 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 Wells 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 Wells 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 Sykeston. For example, the median home price in Sykeston is $81,600, with tax bills ranging significantly across the county. 58486 has the highest median home price at $81,600.

Property Tax Assessment Values Across Sykeston, Wells County, North Dakota

Source: Ownwell

$33,000

$103,310

$173,620

Median Sykeston Market Value

$81,600

Median Wells County Market Value

$119,440

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sykeston, Wells County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58486	$14,116	$32,700	$81,600	$162,920	$290,416

Source: Ownwell

Property Tax Bills Across Sykeston, Wells County, North Dakota

In Sykeston, located in Wells County, ND, property tax bills are calculated based on the assessed value of a home, which is derived from the market value. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors such as the property's location, size, and improvements can influence its assessed value. The median home price in Sykeston is $81,600, which results in varying tax bills. For instance, the 25th percentile tax bill is $145, while the 75th percentile reaches $769, and the 90th percentile is $1,522. Compared to the national median property tax bill of $2,400, homeowners in Sykeston generally face lower tax obligations. However, the burden can still be significant for some. Ownwell offers valuable assistance by helping homeowners appeal their property tax assessments and identify potential exemptions, leading to reduced tax bills. By leveraging local expertise and a deep understanding of property tax regulations, Ownwell can effectively help homeowners in Sykeston save money on their property taxes.

Property Tax Bills Across Sykeston, Wells County, North Dakota

Source: Ownwell

$127

$714

$1,300

Median Sykeston Tax Bill

$338

Median Wells County Tax Bill

$862

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Sykeston, Wells County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58486	$41	$145	$338	$769	$1,522

Source: Ownwell