North Dakota Delinquent Property Tax Records

North Dakota is a state located in the Upper Midwest region of the United States. It was admitted to the Union as the 39th state on November 2, 1889.

History: The area that is now North Dakota was originally inhabited by various indigenous peoples, including the Dakota Sioux, Mandan, and Hidatsa. European explorers and fur traders began to arrive in the region in the 18th century. In the 19th century, the area was part of the Dakota Territory, and later became a state during the period of westward expansion in the United States.

Geography: North Dakota is known for its vast prairies, rolling hills, and fertile agricultural land. It is bordered by Canada to the north, and the Missouri River forms much of its western border. The state has a relatively sparse population and is known for its cold winters and hot summers.

Economy: North Dakota has a largely agricultural economy, with farming and ranching being major industries. The state is also rich in natural resources, including oil, natural gas, and coal. In recent years, North Dakota has experienced an economic boom due to the development of the Bakken shale formation, which has led to increased oil production in the state.

Property: The median home value in North Dakota is around $200,000, which is slightly higher than the national average. However, housing costs in North Dakota are generally considered affordable compared to many other states in the U.S.

Taxes: North Dakota has a progressive income tax system, with rates ranging from 1.1% to 2.9%. The state sales tax rate is 5%, and there are no local sales taxes. Property taxes in North Dakota are relatively low compared to many other states, with an average effective property tax rate of around 1.5%.

Wealth Equality: North Dakota has relatively low wealth inequality compared to many other states, with a Gini coefficient of 0.450. The top 1% of earners in the state make an average of around $760,000 per year, while the bottom 99% make an average of around $45,000 per year. However, it’s important to note that wealth inequality can vary depending on various factors such as geography, demographics, and economic conditions within the state.