Corinth, Williams County, North Dakota Property Taxes

Local government entities determine tax rates, leading to significant variations within a state. This is primarily because each county annually estimates the budget needed to provide essential services and divides it by the total value of all taxable property in its area. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the fundamental process each year.

Compare Corinth’s effective property tax rate to other cities in North Dakota and the median property tax rates in North Dakota and the U.S. Corinth, located in Williams County, features a property tax rate of 0.60%, significantly lower than the national median property tax rate of 1.02%. This lower rate can result in substantial savings for property owners in Corinth compared to the national average. With the national median property tax bill at $2400, property owners in Corinth enjoy the benefits of a more favorable tax environment. This competitive tax rate makes Corinth an attractive location for homeowners looking to reduce their annual property tax expenses while benefiting from the services funded by these taxes.

In Corinth, located in Williams County, ND, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $28,795, property taxes can vary significantly. For instance, homeowners at the 25th percentile pay around $115, while those at the 75th percentile face bills closer to $231. The tax bill at the 90th percentile reaches approximately $265. Although these figures are below the national median property tax bill of $2,400, they can still present a financial burden to homeowners.

Factors such as property size, location, and improvements can influence the assessed value, directly impacting the tax bill. Homeowners in Corinth can benefit from Ownwell's property tax appeal services, which aim to ensure fair assessments. By reviewing property assessments and identifying potential discrepancies, Ownwell helps homeowners potentially lower their tax bills, providing relief and savings. This service is particularly valuable for those who feel their property taxes are inaccurately high, ensuring they only pay their fair share.