New Town, Mountrail County, North Dakota Property Taxes

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

Median New Town, ND effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median New Town, ND home value: $131,300
Median annual New Town, ND tax bill: $553, $1,847 lower than the national median property tax bill of $2,400.

How are property taxes in Mountrail calculated?

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

Last Updated March 1, 2025

New Town, Mountrail County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.4%

Estimate Property Tax Bill

$525

$487

Ownwell’s New Town Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in New Town with just two data points.

By entering your property's estimated assessed value, our calculator applies New Town’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 Mountrail County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across New Town, Mountrail County, North Dakota

Local government entities set tax rates, which can vary widely within a state. Why? 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 New Town’s effective property tax rate to other cities in North Dakota and the median property tax rates in North Dakota and the U.S. New Town, located in Mountrail County, has a property tax rate of 0.40%, which is significantly lower than the national median property tax rate of 1.02%. This lower rate can be beneficial for property owners looking to save on their annual tax bills. The median property tax bill in New Town is also well below the national median of $2400, making it an attractive option for homeowners seeking affordability. Understanding these rates can help property owners make informed decisions about their investments and potential savings.

Property Tax Rates Across New Town, Mountrail County, North Dakota

Source: Ownwell

0.40%

0.60%

0.81%

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 New Town Tax Rate

0.40%

Median Effective Mountrail County Tax Rate

0.60%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across New Town, Mountrail County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58763	0.32%	0.32%	0.40%	0.55%	0.56%

Source: Ownwell

Property Tax Assessment Values Across New Town, Mountrail County, North Dakota

When examining property taxes in New Town, 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 Mountrail 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 Mountrail County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 New Town. For example, the median home price in New Town is $131,300, with tax bills ranging significantly across the county. Zip code 58763 has the highest median home price at $131,300.

Property Tax Assessment Values Across New Town, Mountrail County, North Dakota

Source: Ownwell

$83,000

$131,950

$180,900

Median New Town Market Value

$131,300

Median Mountrail County Market Value

$139,300

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across New Town, Mountrail County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58763	$55,630	$86,700	$131,300	$197,750	$273,620

Source: Ownwell

Property Tax Bills Across New Town, Mountrail County, North Dakota

In New Town, located in Mountrail County, ND, property tax bills are determined by assessing the value of a home and applying the local tax rate. With a median home price of $131,300, the property tax bill in this area can vary significantly. The 25th percentile tax bill is $415, while the 75th percentile reaches $828, and the 90th percentile climbs to $1,101. This range indicates that property taxes can have a substantial impact on homeowners' finances. Compared to the national median property tax bill of $2,400, New Town's tax bills are relatively lower, offering some relief to homeowners. However, ensuring that your property is assessed accurately is crucial to avoid overpaying. This is where Ownwell comes in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially save hundreds of dollars. Our team reviews your property's assessed value and identifies opportunities for reductions, ensuring you pay only your fair share. Let Ownwell be your partner in managing property taxes efficiently.

Property Tax Bills Across New Town, Mountrail County, North Dakota

Source: Ownwell

$355

$908

$1,461

Median New Town Tax Bill

$553

Median Mountrail County Tax Bill

$783

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across New Town, Mountrail County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58763	$196	$415	$553	$828	$1,101

Source: Ownwell