Property Tax & Income in Ransom County, North Dakota
Ransom County has an effective property tax rate of 1.01%. On the median home value of $193,000, that's roughly $1,959 per year. Median household income is $75,736.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Ransom County | North Dakota (state context) |
|---|---|---|
| Effective property tax rate1 | 1.01% | 0.92% |
| Median home value1 | $193,000 | — |
| State income tax3 | top rate 2.50% | top rate 2.50% |
| State sales tax3 | 7.09% combined | 7.09% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Ransom County, ND
Buying a home in Ransom County means weighing a median value of $193,000 against an effective property tax rate of 1.015%, which runs higher than North Dakota's statewide average of 0.916% and sits 17th among the state's 53 counties. The resulting median annual tax bill comes to $1,959. With median household income at $75,736 and per-capita income of $40,691, that yearly charge takes up a smaller share of earnings than the rate alone might imply. Lisbon, the county's largest community, anchors a housing market where prices stay well below what buyers encounter in many metro areas, even though the tax percentage itself is steeper than average. Someone comparing affordability here should look at the total picture: lower purchase prices offset a somewhat higher rate, and the actual dollars owed each year remain contained by local income levels.