Hankinson, Richland County, North Dakota Property Taxes
Property Taxes in Hankinson, North Dakota
Median Hankinson, North Dakota effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, and higher than the North Dakota state median of 1.20%.
Median Hankinson, North Dakota home value: $51,000
Median annual Hankinson, North Dakota tax bill: $730, lower than the national median property tax bill of $2,400.
How are property taxes in Richland calculated?
Property taxes in Hankinson, North Dakota 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 Hankinson's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hankinson, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Hankinson, Richland County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.43%
Estimate Property Tax Bill
$729
$677
How Does the Hankinson Property Tax Calculator Work?
Use this Hankinson property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hankinson's median effective tax rate of 1.43% — based on actual property records in Richland County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hankinson's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Hankinson: rates range from 1.43% in 58041 to 1.43% in 58041, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Hankinson.
About Hankinson Property Taxes
About Property Taxes in Hankinson, Richland, North Dakota
Hankinson’s median effective property tax rate of 1.43% is higher than the North Dakota state median of 1.20% and higher than the national median of 1.02%. This rate reflects the Richland County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Hankinson. Homeowners in the 58041 ZIP code carry a median effective rate of 1.43%, while those in the same ZIP also pay 1.43%. This means there is no spread across the city, but your assessed value still plays a major role in what you owe. Hankinson’s median property tax bill is $730, well below the national median property tax bill of $2,400.
Hankinson homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before June 2, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Hankinson, Richland County, North Dakota
As noted earlier, 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 Hankinson's effective property tax rate to other cities in North Dakota and the median property tax rates in North Dakota and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Hankinson Tax Rate
1.43%
Our median effective property tax rate (tax bill Ă· 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 Richland County Tax Rate
1.57%
Median Effective North Dakota Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hankinson, Richland County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58041 | 0.99% | 1.32% | 1.43% | 1.43% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Hankinson, Richland County, North Dakota
When examining property taxes in Hankinson, 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 Richland 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.
Assessment notices:
In Richland County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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. For example, the median home price in Hankinson is $51,000, with tax bills ranging significantly across the county. 58041 has the highest median home price at $51,000.
Property Tax Assessment Values Across Hankinson, Richland County, North Dakota
Source: Ownwell
$51,000
$95,575
$140,150
Median Hankinson Market Value
$51,000
Median Richland County Market Value
$148,850
Median North Dakota Market Value
$244,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hankinson, Richland County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58041 | $38,750 | $39,725 | $51,000 | $118,300 | $282,370 |
Source: Ownwell
Property Tax Bills Across Hankinson, Richland County, North Dakota
Property tax bills in Hankinson are based on the assessed value of a home and the local tax rate set by taxing authorities. The city’s median home price is $51,000, so even modest changes in assessed value can affect what a homeowner owes. Local budgets, school funding, and other public services all play a role in determining the final bill.
For many homeowners, the amount due can vary widely. The 25th percentile tax bill is $568, while the 75th percentile reaches $1,493. At the high end, the 90th percentile tax bill is $2,809, showing how different property values and tax rates can create very different outcomes.
Because property taxes are tied to assessed value, homeowners with higher assessments generally pay more. That makes understanding how a bill is calculated important for anyone budgeting for homeownership in Hankinson.
Median Hankinson Tax Bill
$730
Median Richland County Tax Bill
$1,940
Median North Dakota Tax Bill
$2,769
Median United States Tax Bill
$2,400
Property Tax Bills Across Hankinson, Richland County, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58041 | $554 | $568 | $730 | $1,493 | $2,809 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 2 |
Links | |
|---|---|
| Richland Tax Assessor | |
| Website | itax.tylertech.com |