Hatton, Steele County, North Dakota Property Taxes

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

Median Hatton, ND effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the North Dakota state median of 1.30%. Median Hatton, ND home value: $140,165. Median annual Hatton, ND tax bill: $2006, $394 lower than the national median property tax bill of $2,400.

How are property taxes in Steele County calculated?

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

Last Updated March 1, 2025

Hatton, Steele County, North Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.34%

Estimate Property Tax Bill

$1,878

$1,743

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

Property Tax Rates Across Hatton, 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. In Hatton, located in Steele County, North Dakota, the effective property tax rate provides an interesting perspective on local taxation. The median property tax rate in North Dakota stands at 1.34%, which is higher than the national median property tax rate of 1.02%. This comparison highlights how Hatton's property tax rate aligns with state and national figures. Understanding these differences can help property owners in Hatton make informed decisions about their property taxes. By analyzing these rates, residents can better navigate their financial responsibilities and consider potential savings through appeals or exemptions.

Property Tax Rates Across Hatton, 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 Hatton Tax Rate

1.34%

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 Hatton, Steele County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
58240	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Hatton, Steele County, North Dakota

When examining property taxes in Hatton, 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 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.

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 Hatton. For example, the median home price in Hatton is $140,165, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Hatton, Steele County, North Dakota

Source: Ownwell

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Median Hatton Market Value

$140,165

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 Hatton, Steele County, North Dakota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
58240	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Hatton, Steele County, North Dakota

In Hatton, located in Steele County, ND, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in Hatton is $140,165. Property tax rates in this area can vary, but homeowners can expect to pay a tax bill that reflects these assessed values. For instance, while the national median property tax bill is $2,400, homeowners in Hatton may experience a range, with the 25th percentile tax bill at $1,075 and the 90th percentile reaching up to $3,497. This variance indicates that some homeowners may pay significantly less or more than the national median, depending on their property's assessed value. Ownwell can assist homeowners by identifying potential errors in assessments or overlooked exemptions, thus ensuring they don't overpay. By leveraging expertise and local knowledge, Ownwell can help homeowners navigate the complexities of property tax bills and potentially save money, ensuring they only pay their fair share.

Property Tax Bills Across Hatton, Steele County, North Dakota

Source: Ownwell

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Median Hatton Tax Bill

$2,006

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 Hatton, Steele County, North Dakota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
58240	N/A	N/A	N/A	N/A	N/A

Source: Ownwell