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Wednesday, December 25, 2024

North Dakota's Q2 property tax revenue down 75 percent from previous quarter

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North Dakota collected $1 million in property taxes during the second quarter of 2021, a 75 percent decrease from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

First-quarter property tax revenue was $4 million.

Overall, North Dakota collected $1.3 billion in combined tax revenues in the second quarter.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q2 North Dakota Tax Collections
Type of TaxAmount
Property Taxes$1,000,000
Sales and Gross Receipts Taxes$458,000,000
Income Taxes$202,000,000
Source: U.S. Census Bureau

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