Golden Valley, Mercer County, North Dakota Property Taxes

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

Median Golden Valley, ND effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Golden Valley, ND home value: $163,275
Median annual Golden Valley, ND tax bill: $505, $1,895 lower than the national median property tax bill of $2,400.

How are property taxes in Mercer calculated?

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

Last Updated March 1, 2025

Golden Valley, Mercer County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.87%

Estimate Property Tax Bill

$1,345

$1,248

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

Property Tax Rates Across Golden Valley, Mercer County, North Dakota

Local government entities set tax rates, which can vary widely within a state. 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 Golden Valley’s effective property tax rate to other cities in North Dakota and the median property tax rates in North Dakota and the U.S. Golden Valley in Mercer County has a property tax rate of 0.54%, which is significantly lower than the national median property tax rate of 1.02%. This means that residents in Golden Valley benefit from one of the most favorable property tax rates in the state and the nation. However, it's essential to understand that while the tax rate is an important factor, the assessed value of properties also plays a crucial role in determining the actual tax bill. With a national median property tax bill of $2400, Golden Valley residents can expect their bills to be considerably lower, offering a more affordable living situation compared to many other regions.

Property Tax Rates Across Golden Valley, Mercer County, North Dakota

Source: Ownwell

0.84%

0.85%

0.87%

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 Golden Valley Tax Rate

0.87%

Median Effective Mercer County Tax Rate

0.84%

Median Effective North Dakota Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Golden Valley, Mercer County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58541	0.81%	0.84%	0.87%	1.22%	1.33%

Source: Ownwell

Property Tax Assessment Values Across Golden Valley, Mercer County, North Dakota

When examining property taxes in Golden Valley, 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 Mercer 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 Mercer 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 Golden Valley. For example, the median home price in Golden Valley is $163,275, with tax bills ranging significantly across the county. Zip code 58541 has the highest median home price at $163,275.

Property Tax Assessment Values Across Golden Valley, Mercer County, North Dakota

Source: Ownwell

$154,555

$198,134

$241,713

Median Golden Valley Market Value

$154,555

Median Mercer County Market Value

$187,182

Median North Dakota Market Value

$244,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Golden Valley, Mercer County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58541	$21,940	$57,078	$154,555	$211,142	$332,316

Source: Ownwell

Property Tax Bills Across Golden Valley, Mercer County, North Dakota

In Golden Valley, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. With a median home price of $163,275, property owners in Golden Valley face a range of tax bills. The 25th percentile tax bill is $208, while the 75th percentile reaches $779, and the 90th percentile goes up to $1,002. The median tax bill in the area is $505, which is significantly lower than the national median of $2,400. This lower tax burden can be attributed to the region's relatively low property values and tax rates. However, homeowners still need to ensure their property is assessed correctly to avoid overpaying. Ownwell can assist homeowners by reviewing their property assessments and identifying potential savings. By appealing inaccurate assessments and securing exemptions, Ownwell helps homeowners reduce their property tax bills, ensuring they pay only their fair share. This service can be especially beneficial in areas like Golden Valley where even a small adjustment can lead to substantial savings.

Property Tax Bills Across Golden Valley, Mercer County, North Dakota

Source: Ownwell

$1,297

$1,609

$1,920

Median Golden Valley Tax Bill

$1,297

Median Mercer County Tax Bill

$1,736

Median North Dakota Tax Bill

$2,769

Median United States Tax Bill

$2,400

Property Tax Bills Across Golden Valley, Mercer County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58541	$291	$484	$1,297	$1,828	$2,788

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	April 13

Links
Mercer Tax Assessor
Website	mercer.northdakotaassessors.com