Taxes

Local Sales and Lodging Taxes

Minnesota

6.5%

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

2 %

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, 2009, North Dakota Office of State Tax Commissioner, 2009

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 2009 tax extension rates of 1.08193 =$1081.93
  • Plus $100,000 (full Value) X 2009 rates of 0.0024582 + $245.82
  • Minus Homestead Credit (varies with market value) - $282.40

Source: Barnesville Economic Devlopment Authority, October 2009
 

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 1.37123
  • Minus State Credit = $1,220

Source: City of Dilworth, October 2009

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

  • 1% of the First $500,000 of Value
  • Times Tax Extension Rate of 1.406 1.36875
  • Adjusted for Market Referendum Tax & Homestead Credit = $1,240  $1,215

Source: City of Hawley, October 2009
 

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

  • 1% of the Taxable Market Value
  • Times Tax Extension Rate of 1.252280
  • Plus market Value Referendum.0002554 of the Taxable Market Value)
  • Minus Homestead Credit=$282.40

Source: City of Moorhead, October 2009, Pay 2009 Tax Rates

North Dakota Residentail 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

$318.52

Total MILS

$380.43

Tax Levy (.31852 x $4,500)

$1,433.34

Tax Levy (.38043 x $4,500)

$1,712

Source: City of Casselton, October 2009

 

(5 % discount if paid by February 15)
Source: City of Fargo, Assessor's Office, October 2009

West Fargo, ND

 

       

True and Full Value of Property

$100,000

       

Assessed Value (50 %

$50,000

       

Taxable Value (9 %)

$ 4,500

       

Total MILS

$441.38

       

Tax Levy (.4499 x $4,500)

$ 1,986

 

(2 year $75,000 exemption for new residential construction ~ $1,508 tax savings)
Source: City of West Fargo, Assessor's Office, October 2009
 

 

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