Steele County, North Dakota Property Taxes

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

Median Steele County effective property tax rate: 1.11%, slightly higher than the national median of 1.02%. Median Steele County home value: $95,786. Median annual Steele County tax bill: $1,249, $1,151 lower than the national median property tax bill of $2,400.

How are property taxes in Steele County calculated?

Property taxes in Steele County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Finley or another part of Steele County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Steele County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.11%

Estimate Property Tax Bill

$1,063

$987

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

Property Tax Rates Across Steele County, North Dakota

Local government entities set tax rates, which can vary widely within a state. 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 Steele County's effective property tax rate to other counties in North Dakota or the U.S. median property tax rate. Steele County's property tax rate is slightly above the national median of 1.02%. However, it is important to remember that property taxes fund essential services such as schools, roads, and emergency services. Knowing how your county compares to the national average can help you make informed decisions about your property investments. Understanding the nuances of property tax rates can empower homeowners to explore potential savings through appeals or exemptions.

Property Tax Rates Across Steele County, North Dakota

Source: Ownwell

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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 Steele County Tax Rate

1.11%

Median Effective North Dakota Tax Rate

1.30%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Steele County, North Dakota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Finley	N/A	N/A	N/A	N/A	N/A
Hatton	N/A	N/A	N/A	N/A	N/A
Hope	N/A	N/A	N/A	N/A	N/A
Portland	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Steele County, North Dakota

When examining property taxes in Steele County, 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 Steele County assessment office 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 Steele County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Steele County. For example, the median tax bill in Steele County is $1,367, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Steele County, North Dakota

Source: Ownwell

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Median Steele County Market Value

$95,786

Median North Dakota Market Value

$217,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Steele County, North Dakota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Finley	N/A	N/A	N/A	N/A	N/A
Hatton	N/A	N/A	N/A	N/A	N/A
Hope	N/A	N/A	N/A	N/A	N/A
Portland	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Steele County, North Dakota

In Steele County, ND, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Steele County is $95,786. The property tax rate is applied to this assessed value to determine the annual tax bill. The tax bill can vary significantly depending on the value of the property. For instance, homeowners in the 25th percentile pay around $749, while those in the 75th percentile face bills of approximately $1,984. At the higher end, the 90th percentile sees tax bills reaching $3,299. These figures highlight the range of property tax burdens across the county. Compared to the national median property tax rate of 1.02% and the median tax bill of $2,400, Steele County homeowners generally experience lower tax bills. Understanding these factors is crucial for homeowners as property taxes contribute to local services and can influence financial planning and the affordability of homeownership.

Property Tax Bills Across Steele County, North Dakota

Source: Ownwell

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Median Steele County Tax Bill

$1,249

Median North Dakota Tax Bill

$2,659

Median United States Tax Bill

$2,400

Property Tax Bills Across Steele County, North Dakota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Finley	N/A	N/A	N/A	N/A	N/A
Hatton	N/A	N/A	N/A	N/A	N/A
Hope	N/A	N/A	N/A	N/A	N/A
Portland	N/A	N/A	N/A	N/A	N/A

Source: Ownwell