Egeland, Towner County, North Dakota Property Taxes
Median Egeland, ND effective property tax rate: 1.30%, significantly higher than the national median of 1.02%, but lower than the ND state median of 1.30%.
Median Egeland, ND home value: $23,500
Median annual Egeland, ND tax bill: $305, $2,095 lower than the national median property tax bill of $2,400.
How are property taxes in Towner calculated?
Property taxes in Egeland, 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 Egeland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Egeland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Egeland, Towner County, North Dakota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.3%
Estimate Property Tax Bill
$306
$283
Property Tax Rates Across Egeland, Towner County, North Dakota
Local government entities determine tax rates, and these rates can vary significantly across different regions. Annually, each county calculates its required budget to provide essential services and divides this by the total value of all taxable property within its jurisdiction. This process determines the property tax rate. Although votes and legislation play roles in setting these rates and budgets, this is the fundamental process.
In Egeland, located in Towner County, North Dakota, the effective property tax rate can be compared to other cities in the state and the national median. North Dakota's median property tax rate is 1.30%, which is notably higher than the national median of 1.02%. This comparison highlights the variability in property tax rates across the country and within the state itself. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively. By being informed about local tax rates, property owners in Egeland and beyond can make better decisions regarding property tax appeals and exemptions, potentially reducing their financial burden.
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 Egeland Tax Rate
1.30%
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 Towner County Tax Rate
1.52%
Median Effective North Dakota Tax Rate
1.30%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Egeland, Towner County, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58331 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Egeland, Towner County, North Dakota
When examining property taxes in Egeland, 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 Towner 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 Towner 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 Egeland. For example, the median home price in Egeland is $23,500, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Egeland, Towner County, North Dakota
Source: Ownwell
$31,300
$47,500
$63,700
Median Egeland Market Value
$23,500
Median Towner County Market Value
$33,175
Median North Dakota Market Value
$217,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Egeland, Towner County, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58331 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Egeland, Towner County, North Dakota
In Egeland, located in Towner County, ND, property tax bills are calculated based on the assessed value of a home, which is derived from the market value. The median home price in this region is $23,500, significantly lower than the national median. Local tax rates are applied to this assessed value to determine the annual tax bill. Homeowners in Egeland typically see tax bills ranging from $241 at the 25th percentile to $2,055 at the 90th percentile, with a notable portion of homeowners paying around $1,399 at the 75th percentile. These figures highlight the variability and potential burden of property taxes on residents.
Ownwell offers a solution for homeowners looking to reduce their property tax bills. By leveraging expertise in property tax appeal and exemption services, Ownwell can help ensure that assessments are fair and accurate. This service can lead to significant savings, alleviating the financial pressure on homeowners and ensuring they only pay what is necessary.
Median Egeland Tax Bill
$305
Median Towner County Tax Bill
$453
Median North Dakota Tax Bill
$2,659
Median United States Tax Bill
$2,400
Property Tax Bills Across Egeland, Towner County, North Dakota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
58331 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell