Tolna, Ramsey County, North Dakota Property Taxes

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

Median Tolna, ND effective property tax rate: 0.96%, 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: $71,200
Median annual Tolna, ND tax bill: $684, $1,716 lower than the national median property tax bill of $2,400.

How are property taxes in Ramsey 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, Ramsey County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.96%

Estimate Property Tax Bill

$684

$634

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

Property Tax Rates Across Tolna, Ramsey County, North Dakota

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their budget needs to provide essential services and divide this by the total value of all taxable properties within their jurisdiction. This process determines the property tax rate. While setting these rates involves votes and legal considerations, this is essentially how it works annually.

In Tolna, located in Nelson County, North Dakota, the effective property tax rate is a reflection of this process. When compared to other cities in North Dakota, Tolna's rate provides insight into local fiscal policies and priorities. The median property tax rate in North Dakota is 0.94%, slightly lower than the national median of 1.02%. This places Tolna in a favorable position for property owners, as they benefit from lower tax rates compared to the national average. Understanding these rates is crucial for property owners aiming to manage their expenses effectively. By comparing Tolna's rate to both state and national medians, property owners can make informed decisions regarding their investments and financial planning.

Property Tax Rates Across Tolna, Ramsey County, North Dakota

Source: Ownwell

0.93%

1.21%

1.49%

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

0.96%

Median Effective Ramsey County Tax Rate

1.26%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tolna, Ramsey 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, Ramsey County, North Dakota

When examining property taxes in Tolna, 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 Ramsey 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 Ramsey 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 $71,200, with tax bills ranging significantly across the county.

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

Source: Ownwell

$10,300

$87,800

$165,300

Median Tolna Market Value

$71,200

Median Ramsey County Market Value

$147,600

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

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

In Tolna, located in Ramsey County, ND, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Tolna is $71,200, and homeowners typically face a property tax bill of $684, regardless of their home's value. This bill is significantly lower than the national median property tax bill of $2,400, offering a more affordable tax environment for residents. Factors such as local government budgets, school funding needs, and public service expenditures influence the tax rate. For homeowners, this means that even small changes in assessed values or tax rates can impact their annual tax bills. Ownwell provides a valuable service by helping homeowners appeal their property tax assessments, potentially lowering their tax obligations. By leveraging expert knowledge and a thorough understanding of local tax codes, Ownwell can identify discrepancies or over-assessments, ensuring that homeowners only pay their fair share. This assistance can lead to significant savings, easing the financial burden on property owners.

Property Tax Bills Across Tolna, Ramsey County, North Dakota

Source: Ownwell

$124

$1,105

$2,085

Median Tolna Tax Bill

$684

Median Ramsey County Tax Bill

$1,862

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Tolna, Ramsey 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