Finley, Steele County, North Dakota Property Taxes
Median Finley, ND effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the North Dakota state median of 1.30%.
Median Finley, ND home value: $94,718
Median annual Finley, ND tax bill: $1,034, $1,366 lower than the national median property tax bill of $2,400.
How are property taxes in Steele County calculated?
Property taxes in Finley, 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 Finley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Finley, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Finley, Steele County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.19%
Estimate Property Tax Bill
$1,127
$1,046
Property Tax Rates Across Finley, Steele County, North Dakota
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 Finley Tax Rate
1.19%
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 Finley, Steele County, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58230 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Finley, Steele County, North Dakota
When examining property taxes in Finley, 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 Steele 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 Steele 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 Finley. For example, the median home price in Finley is $94,718, with tax bills ranging significantly across the county.
Median Finley Market Value
$94,718
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 Finley, Steele County, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58230 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Finley, Steele County, North Dakota
In Finley, Steele County, ND, property tax bills are calculated by applying the local tax rate to the assessed value of a property. The assessed value is a percentage of the market value, which is determined by the local assessor. For homeowners in Finley, the median home price is $94,718, with property tax bills ranging from $827 at the 25th percentile to $1,367 at the 90th percentile. Given that the national median property tax rate is 1.02%, Steele County's rates can affect homeowners differently based on their property's assessed value.
High property tax bills can be a burden for homeowners, but Ownwell offers a solution. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills. Through a detailed analysis of your property’s assessment, Ownwell identifies discrepancies and opportunities for savings, ensuring that you only pay your fair share. This can result in significant savings, giving homeowners in Finley peace of mind and more financial flexibility.
Median Finley Tax Bill
$1,034
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 Finley, Steele County, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58230 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell