Nekoma, Cavalier County, North Dakota Property Taxes

Name: Property Tax Bills Across Nekoma, Cavalier County, North Dakota
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Nekoma, ND effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Nekoma, ND home value: $91,800
Median annual Nekoma, ND tax bill: $888, $1,512 lower than the national median property tax bill of $2,400.

How are property taxes in Cavalier County calculated?

Property taxes in Nekoma, 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 Nekoma’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nekoma, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Nekoma, Cavalier County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.91%

Estimate Property Tax Bill

$835

$775

Ownwell’s Nekoma Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Nekoma with just two data points. By entering your property's estimated assessed value, our calculator applies Nekoma’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Cavalier County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Nekoma, Cavalier County, North Dakota

Local government entities set tax rates, which can vary widely within a state. This is because 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. Below, you can compare Nekoma’s effective property tax rate to other cities in North Dakota and the median property tax rates in North Dakota and the U.S.

Nekoma in Cavalier County has a property tax rate that is slightly below the national median. This makes it an attractive option for property owners seeking to minimize their tax burden. The median property tax rate in North Dakota is also lower than the national median, providing an additional incentive for potential buyers in the state. For homeowners in Nekoma, understanding these rates is essential for making informed financial decisions and maximizing savings on property taxes. As property tax rates can significantly impact overall homeownership costs, staying informed about local trends and rates is crucial.

Property Tax Rates Across Nekoma, Cavalier County, North Dakota

Source: Ownwell

0.89%

1.24%

1.58%

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 Nekoma Tax Rate

0.91%

Median Effective Cavalier County Tax Rate

0.99%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Nekoma, Cavalier County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58355	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Nekoma, Cavalier County, North Dakota

When examining property taxes in Nekoma, ND, 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 Cavalier 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 Cavalier County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Nekoma. For example, the median home price in Nekoma is $91,800, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Nekoma, Cavalier County, North Dakota

Source: Ownwell

$69,300

$84,300

$99,300

Median Nekoma Market Value

$91,800

Median Cavalier County Market Value

$90,150

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Nekoma, Cavalier County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58355	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Nekoma, Cavalier County, North Dakota

In Nekoma, located in Cavalier County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the tax bill. With a median home price of $91,800, homeowners in Nekoma typically see property tax bills that range from $672 at the 25th percentile to $1,582 at the 90th percentile. These figures are notably lower than the national median property tax bill of $2,400, offering some relief to local homeowners. However, even with these relatively lower rates, homeowners can still benefit from ensuring their property is not over-assessed. This is where Ownwell comes in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially lower their assessed values, thus reducing their tax bills. Our team navigates the complexities of the property tax system to identify savings opportunities, ensuring homeowners pay only what is fair and accurate.

Property Tax Bills Across Nekoma, Cavalier County, North Dakota

Source: Ownwell

$649

$993

$1,336

Median Nekoma Tax Bill

$888

Median Cavalier County Tax Bill

$1,068

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Nekoma, Cavalier County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58355	N/A	N/A	N/A	N/A	N/A

Source: Ownwell