HELP>>> ND..What are property Tax rates there? (Fargo: vehicle registration, new home)

[browndago]

I am looking to move my family away from California...and possibly moving to ND...Can someone give me an idea as to what the property taxes are there? Is it a flat percentage (2%) like California?

[jwmn]

It depends what town you're talking about. Property taxes are high in Fargo compared to just across the river in Minnesota, but property taxes elsewhere in North Dakota are lower than they are in Fargo. There was just an article in the Fargo Forum about property taxes in Fargo: http://www.in-forum.com/articles/ind...2&section=News

[DaninEGF]

Here is an excellent 2005 property tax rate table and comparison form on the city of Grand Forks web page. You put in your assessed value and you compute what your tax bill is and it compares it to other larger cities in ND. It does vary from city to city as the previous poster said and varies even more if looking to live in the city versus rural. Grand Forks taxable rate is about 2.2 percent of assessed value...about middle of the pack among cities.

http://www.grandforksgov.com/gfgov/home.nsf/00344ff53abbdbcf882571a500528703!OpenForm (broken link)

Dan

[jwmn]

I didn't realize property taxes were that high throughout North Dakota. My property taxes in Minnesota look pretty good compared to that, but then I pay higher state income tax. The smaller towns in North Dakota must have lower property taxes.

[DaninEGF]

Originally Posted by jwmn

I didn't realize property taxes were that high throughout North Dakota. My property taxes in Minnesota look pretty good compared to that, but then I pay higher state income tax. The smaller towns in North Dakota must have lower property taxes.

When looking to build our new home, tough decision between ND or MN. Grand Forks versus East Grand Forks. Growth is mostly in Grand Forks, but EGF population is turning around too, but the numerous homes destroyed by the flood of 97 and the ensuring levee construction it will take some time to return to pre-flood levels. We decided on MN due to special lot prices in EGF....and for us who live in MN but work in ND (we pay MN income and MN property tax only we do need to pay ND income too due to special law)...it is a trade off with property taxes lower in EGF than GF but income tax is higher in MN than ND.

We got our tax bill for our home for 2006 in EGF and our tax actually went down about 5 percent. In Grand Forks, the city has lowered the levy due but with increased evaulations on home (worth more money) the actual tax bill is higher in 2006 in most cases.

Dan

[magiccity]

Originally Posted by browndago

I am looking to move my family away from California...and possibly moving to ND...Can someone give me an idea as to what the property taxes are there? Is it a flat percentage (2%) like California?

We do not have the flat rate here. This state does not add on excess taxes on your food, vehicle registration, etc. What they do is tax the properties instead. In ND, depending on the city, you can be expected to pay around $20 -$22 per thousand value of your home with a 3-5% increase per year. This is in the major cities. Outside the major cities, you can expect to pay around $15 per thousand value. It seems a lot, but consider, you are not paying for taxes on other items.

[Cain]

I live in fargo and the $20 - $22 per thousand is right on.

But again as others have said, you don't pay the extra taxes like other places, which is nice after living in CT where they taxed you on everything they possibly could. Seems the cities with the most taxes out there were the ones that were the most rundown and in financial trouble.

I would recommend a move to bismarck if at all possible. Of all the towns in North Dakota, I like it the best.

[bina]

We recently bought a home in Grand Forks and were shocked by how high the property taxes were.

[DaninEGF]

Originally Posted by bina

We recently bought a home in Grand Forks and were shocked by how high the property taxes were.

Did you have any specials too..... Yeah property taxes are quite high....just about 2.5 percent of the assessed value. One reason why we moved across the river to Minnesota and built a house. But over in MN income tax is bigger so trade off there....but lots were cheaper with EGF incentives.

Dan

[browndago]

I would like some informed information for people who have actually made the move to Mexico/So. America....the more detailed the better....Thanks. Mike.