Medora, Billings County, North Dakota Property Taxes
Median Medora, ND effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Medora, ND home value: $50,600
Median annual Medora, ND tax bill: $281, $2,119 lower than the national median property tax bill of $2,400.
How are property taxes in Billings calculated?
Property taxes in Medora, ND are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Medora’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Medora, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Medora, Billings County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.55%
Estimate Property Tax Bill
$278
$258
Property Tax Rates Across Medora, Billings County, North Dakota
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Medora, within Billings County, the effective property tax rate is 0.55%. This rate stands out when compared to the national median property tax rate of 1.02%. Medora's rate is significantly lower, offering a more favorable tax environment for property owners. This is a notable advantage, especially when considering the national median property tax bill of $2,400. The consistency of the tax rate across the county, with no variation between the highest and lowest median rates, ensures predictability for residents. Such stability, coupled with a lower rate, can make Medora an attractive locale for those seeking to minimize their property tax burden.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Medora Tax Rate
0.55%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Billings County Tax Rate
0.55%
Median Effective North Dakota Tax Rate
1.30%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Medora, Billings County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58645 | 0.54% | 0.55% | 0.55% | 0.55% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Medora, Billings County, North Dakota
When examining property taxes in Medora, North Dakota, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Billings County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Billings County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Medora. For example, the median home price in Medora is $50,600, with tax bills ranging significantly across the county. Zip code 58645 has the highest median home price at $50,600.
Property Tax Assessment Values Across Medora, Billings County, North Dakota
Source: Ownwell
$43,350
$46,975
$50,600
Median Medora Market Value
$50,600
Median Billings County Market Value
$50,600
Median North Dakota Market Value
$217,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Medora, Billings County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58645 | $12,400 | $35,775 | $50,600 | $139,100 | $230,000 |
Source: Ownwell
Property Tax Bills Across Medora, Billings County, North Dakota
Median Medora Tax Bill
$281
Median Billings County Tax Bill
$281
Median North Dakota Tax Bill
$2,659
Median United States Tax Bill
$2,400
Property Tax Bills Across Medora, Billings County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58645 | $69 | $198 | $281 | $783 | $1,252 |
Source: Ownwell