Tolna, Eddy County, North Dakota Property Taxes

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

Median Tolna, ND effective property tax rate: 0.94%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Tolna, ND home value: $96,450
Median annual Tolna, ND tax bill: $897, $1,503 lower than the national median property tax bill of $2,400.

How are property taxes in Eddy County calculated?

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

Last Updated March 1, 2025

Tolna, Eddy County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.94%

Estimate Property Tax Bill

$907

$841

Ownwell’s Tolna Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tolna with just two data points. By entering your property's estimated assessed value, our calculator applies Tolna’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 Eddy County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Tolna, Eddy County, North Dakota

Local government entities determine tax rates, leading to significant variations within a state. Each county calculates its necessary budget to fund services and divides this by the total value of all taxable property within its borders. This process establishes the property tax rate. While setting tax rates and budgets involves votes and laws, this is essentially the yearly procedure. You can compare Tolna’s effective property tax rate to other cities in North Dakota and the median property tax rates in North Dakota and the U.S. North Dakota's median property tax rate is 0.94%, which is lower than the national median of 1.02%. This means property owners in Tolna, located in Eddy County, typically enjoy lower property tax rates compared to many other regions across the country. However, the specific rate can differ depending on the unique budgetary needs and property values within the county. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Tolna, Eddy County, North Dakota

Source: Ownwell

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 Tolna Tax Rate

0.94%

Median Effective Eddy County Tax Rate

1.58%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tolna, Eddy County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58380	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Tolna, Eddy County, North Dakota

When examining property taxes in Tolna, 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 Eddy 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 Eddy 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 Tolna.

For example, the median home price in Tolna is $96,450, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Tolna, Eddy County, North Dakota

Source: Ownwell

$21,100

Median Tolna Market Value

$96,450

Median Eddy County Market Value

$36,000

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tolna, Eddy County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58380	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Tolna, Eddy County, North Dakota

In Tolna, located in Eddy County, ND, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors like property location, size, and condition. The median home price in Tolna is $96,450, which means the typical homeowner could expect to pay a property tax bill close to the national median of $2,400, depending on the local tax rate. However, many homeowners in Tolna find their tax bills range from the 25th percentile of $620 to the 90th percentile of $1,341, reflecting variations in property values and tax rates.

For homeowners looking to reduce their property tax bills, Ownwell offers expert services in property tax appeals and exemptions. By analyzing your property’s assessed value and comparing it to similar properties, Ownwell can identify potential savings. This tailored approach ensures that homeowners in Tolna pay only their fair share, potentially saving hundreds of dollars annually.

Property Tax Bills Across Tolna, Eddy County, North Dakota

Source: Ownwell

$306

Median Tolna Tax Bill

$897

Median Eddy County Tax Bill

$348

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Tolna, Eddy County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58380	N/A	N/A	N/A	N/A	N/A

Source: Ownwell