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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

1.84 % to 4.86 %

*Neither state has an inheritance or gift tax.
Source: Minnesota Department of Revenue, 2010, North Dakota Office of State Tax Commissioner, 2010
 

Minnesota Residential Property Tax

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

  • Take $100,000 times 1%=tax capacity of $1000.00
  • $1000.00 X 2010 tax extension rates of 1.15546 =$1155.46
  • Plus $100,000 (full Value) X 2010 rates of 0.0024317 + $243.17
  • Minus Homestead Credit (varies with market value) - $282.40

Source: Barnesville Economic Devlopment Authority, December 2010

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

  • 1% of the First $500,000 of Value
  • Plus 1.25% of the Balance
  • Times Tax Extension Rate of 1.34516
  • Minus State Credit = $1,198
     

Source: City of Dilworth, December 2010
 

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

  • 1% of the First $500,000 of Value
  • Times Tax Extension Rate of 1.39920 1.33719 1.36875
  • Adjusted for Market Referendum Tax & Homestead Credit = $1,248,  $1,183, $1,215
     
     

Source: City of Hawley, December 2010
 

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

  • 1% of the Taxable Market Value
  • Times Tax Extension Rate of 1.191214
  • Plus Market Value Referendum (.00021662 of the Taxable Market Value)
  • Minus Homestead Credit=$282.40

Source: City of Moorhead, December 2010, Based on Pay 2010 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

$321.09

Total MILS

$385.13

Tax Levy (.32109 x $4,500)

$1,444.91

Tax Levy (.38513 x $4,500)

$1,733

Source: City of Casselton, October 2010

 

(5 % discount if paid by February 15)
Source: City of Fargo, Assessor's Office, December 2010

West Fargo, ND

 

       

True and Full Value of Property

$100,000

       

Assessed Value (50 %

$50,000

       

Taxable Value (9 %)

$ 4,500

       

Total MILS

$370.68

       

Tax Levy (.37068 x $4,500)

$ 1,668

 

(2 year $150,000 exemption for new residential construction ~ $2,500 tax savings)
Source: City of West Fargo, Assessor's Office, December 2010
 

 

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

 
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