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Taxes

Local Sales and Lodging Taxes

Minnesota 6.875%
North Dakota 5 %
Fargo City Sales Tax 2 %
Fargo City Lodging Tax 3 %
Moorhead City Lodging Tax 3 %
West Fargo City Tax 1 %
West Fargo City Lodging Tax 2 %
West Fargo Lodging/Restaurant    1 %
Casselton City Sales Tax 1 %
 

State Individual Income Tax

Minnesota 5.35 % to 7.85 %
North Dakota 1.51 % to 3.99 %

*Neither state has an inheritance or gift tax.
Source: Minnesota Department of Revenue, 2012, North Dakota Office of State Tax Commissioner, 2012
 

Minnesota Residential Property Tax

Barnesville, MN
Based on a $100,000 Home:
  • Take $100,000 times .01 (1.0%) = tax capacity of $1000.00
  • $1000.00 X 2012 tax extension rates of 1.2356 =$1235.60
  • Plus $100,000 (full value) X 2012 rates of 0.0025709 + $257.09
  • Minus Homestead Credit (varies with market value)
  • $348.93; 2012 Property taxes due on a $100,000 home = $1143.76

Source: City of Barnesville, August 2012

Dilworth, MN
Based on a $100,000 Home:

  • Less (34400-.09*100000-76000) - ($28,240)
  • 100000-28240=71760; 1% of the First $500,000 of Value
  • Plus 1.25% of the Balance
  • Times Tax Extension Rate of 1.3902
  • (Adjusted for Market Referendum Tax)= $1,138
     

Source: City of Dilworth, August 2012
 

Hawley, MN
Based on a $100,000 Home:
  • Less (34400-.09*100000-76000) - ($28,240)
  • 100000-28240=71760; 1% of the First $500,000 of Value
  • Plus 1.25% of the Balance
  • Times Tax Extension Rate of 1.3803
  • (Adjusted for Market Referendum Tax)= $1,121

Source: City of Hawley, August 2012
 

Moorhead, MN:
Based on a $100,000 Home:
  • 1% of the Taxable Market Value
  • Times Tax Extension Rate of 1.1897666
  • Plus Market Value Referendum (.00021001 of the Taxable Market Value)
  • Minus Homestead Credit=$282.40
  • Net Tax of $1,117
Source: City of Moorhead, July 2012, Based on Pay 2012 Tax Rates
 

North Dakota Residential Property Tax

Casselton, ND Fargo, ND
True and Full Value of Property $100,000 True and Full Value of Property $100,000
Assessed Value (50 %) $50,000 Assessed Value (50 %) $50,000
Taxable Value (9 %) $4,500 Taxable Value (9 %) $4,500
Total MILS (for 2012) $310.02 Total MILS (354.98 in West Fargo School Dist.) $382.06
Tax Levy (.31002 x $4,500) $1,395.09 Tax Levy (.38206 x $4,500) ($1,597 in West Fargo School Dist.) $1,719
Source: City of Casselton, December 2012   (5 % discount if paid by February 15)
Source: City of Fargo, Assessor's Office, November 2012
West Fargo, ND
 

       
True and Full Value of Property $100,000        
Assessed Value (50 %) $50,000        
Taxable Value (9 %) $ 4,500        
Total MILS $395.37        
Tax Levy (.39537 x $4,500) $ 1,780  
2 year $150,000 exemption for new residential construction ~ $2,669 tax savings)
Source: City of West Fargo, Assessor's Office, July 2012
 
 

More in-depth tax information is available from the Greater Fargo Moorhead Economic Development Corporation.

 
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