Norma, Renville County, North Dakota Property Taxes

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

Median NORMA, ND effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median NORMA, ND home value: $27,688
Median annual NORMA, ND tax bill: $229, $2,171 lower than the national median property tax bill of $2,400.

How are property taxes in Renville calculated?

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

Last Updated March 1, 2025

Norma, Renville County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.83%

Estimate Property Tax Bill

$230

$213

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

Property Tax Rates Across Norma, Renville County, North Dakota

Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates its necessary budget to provide essential services and divides that by the total value of all taxable property within its borders. This calculation determines the property tax rate. While there are votes and laws involved in setting these rates and budgets, this is essentially how the process unfolds each year.

In Norma, located in Renville County, North Dakota, the effective property tax rate can be compared to other cities within the state and the national median. With a median property tax rate of 0.83%, Renville County is below the national median of 1.02%. This lower rate can be appealing to property owners, as it results in a smaller property tax bill compared to the national median. Understanding these rates is crucial for property owners looking to manage their expenses effectively and ensure they are not overpaying on their property taxes.

Property Tax Rates Across Norma, Renville County, North Dakota

Source: Ownwell

0.77%

1.08%

1.38%

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 Norma Tax Rate

0.83%

Median Effective Renville County Tax Rate

1.30%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Norma, Renville County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58746	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Norma, Renville County, North Dakota

When examining property taxes in NORMA, 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 Renville 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 Renville 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 NORMA. For example, the median home price in NORMA is $27,688, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Norma, Renville County, North Dakota

Source: Ownwell

$26,340

$63,398

$100,455

Median Norma Market Value

$27,688

Median Renville County Market Value

$65,650

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Norma, Renville County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58746	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Norma, Renville County, North Dakota

In Norma, located in Renville County, ND, property tax bills are calculated based on the property's assessed value, which is determined by local assessors. This assessed value is a percentage of the market value of the home, which, in Norma, has a median price of $27,688. The local tax rate is then applied to this assessed value to determine the annual property tax bill. In Norma, the property tax bill is lower than the national median, with amounts at the 25th, 75th, and 90th percentiles all standing at $229, significantly below the national median property tax bill of $2,400.

Factors influencing the tax bill include changes in property market values and local government budget needs. High property taxes can be a burden for homeowners, but Ownwell can help. By offering property tax appeal services, Ownwell assists homeowners in challenging their assessed values, potentially lowering tax bills. This service helps ensure that homeowners are not overpaying, providing significant savings and peace of mind.

Property Tax Bills Across Norma, Renville County, North Dakota

Source: Ownwell

$217

$656

$1,095

Median Norma Tax Bill

$229

Median Renville County Tax Bill

$701

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Norma, Renville County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58746	N/A	N/A	N/A	N/A	N/A

Source: Ownwell