Nobles County property tax

Example of Nobles County Property Tax Calculation

Nobles County calculates property taxes based on the value of the property. The value of the property is determined by the county assessor, who assesses the value of the land and any buildings on it.

To calculate the property tax for a 10-year-old property, the county assessor will first determine the assessed value of the property. Let's say the assessed value of the property is $100,000.

Next, the county will apply the property tax rate, which is expressed as a percentage. In Nobles County, the property tax rate is 1.2%.

To calculate the property tax for the 10-year-old property, you would take the assessed value of $100,000 and multiply it by the tax rate of 1.2%. This would give you a property tax bill of $1,200 for the year.

It's important to note that property tax rates can vary from year to year and can be affected by factors like changes in property values, changes in local government budgets, and changes in state laws. But by understanding how property taxes are calculated, you can better understand how much you can expect to pay each year.

If you want appeal your property tax assessment - contact your local tax assessor.

Nobles County Property Tax Rates

Here is a table listing the property tax rates for Nobles County in Minnesota, USA:

Note: The city/town tax rates range from $0.6585 to $2.1499 depending on the specific city or town within Nobles County. Additionally, the special tax rate varies depending on any special levies or assessments that may apply to a particular property.

Who sets property tax rates in Nobles County ?

In Nobles County, property tax rates are set by the Nobles County Board of Commissioners. The Board of Commissioners typically approves the tax rates during their annual budget and tax levy meeting, which is usually held in December of each year. The tax rates for each property are then calculated by multiplying the property's assessed value by the applicable tax rate. The assessed value of a property is determined by the Nobles County Assessor's Office, based on factors such as the property's location, size, and condition. It is important for property owners in Nobles County to understand their property tax rates and how they are calculated in order to properly budget for their tax payments.

Homestead exemptions in Nobles County ?

In Nobles County, Minnesota, there are various Homestead exemptions and deductions available for eligible residents. Here is a breakdown of the available exemptions and deductions in the area, organized in a table for easy reference:

It's important to note that eligibility requirements and amounts may vary in different counties and states. If you have questions about these exemptions and deductions, you can contact your local county assessor's office for more information.

When is Nobles County Property Tax due ?

Nobles County Property Tax Due Date

Typically, the Nobles County Property Tax is due on May 15th every year. However, due to the ongoing COVID-19 pandemic, the County Board has extended the deadline for 2021 until July 15th.

Payment Methods

There are several ways to pay Nobles County Property Tax, including:

• Online Payment: Residents can pay their property tax online using a credit/debit card or e-check through the Nobles County website. There is a convenience fee associated with this payment method.
• By Mail: Residents can mail a check or money order to the Nobles County Auditor-Treasurer's Office. The check should be made payable to "Nobles County Treasurer" and should include the property identification number (PIN) on the memo line.
• In-Person: Residents can also pay their property tax in person at the Nobles County Auditor-Treasurer's Office located at 315 Tenth Street, Worthington, MN.

It is important to note that any payments made after the due date will be subject to interest and penalty charges. Therefore, residents are encouraged to pay their property tax on or before the due date to avoid any additional fees.

If you have more questions - contact your local tax collector.

How is Nobles County Property Tax penalty calculated ?

Nobles County Property Tax Penalty Calculation

When a property owner fails to pay their property tax by the due date, a penalty is assessed. The penalty is calculated as a percentage of the unpaid tax amount, and it increases over time.

Here's how the penalty is calculated in Nobles County:

• The first penalty is assessed on the day after the due date and is 2% of the unpaid tax amount.
• A second penalty is assessed 30 days after the due date, and it increases to 5% of the unpaid tax amount.
• If the tax remains unpaid after 60 days past the due date, another penalty is assessed at 7% of the unpaid tax amount.
• Finally, if the tax is still unpaid after 90 days past the due date, a fourth and final penalty is assessed at 10% of the unpaid tax amount.

To help illustrate how this works, here's an example:

Assume a property owner owes $2,000 in property tax for the year, and the due date is December 31st. However, the property owner fails to pay the tax until March 31st of the following year (90 days past due). Here's how the penalty would be assessed:

• 2% penalty on January 1st: $40
• 5% penalty on January 31st: $100
• 7% penalty on March 1st: $140
• 10% penalty on April 1st: $200

Total penalty: $480

Therefore, the property owner would owe a total of $2,480 ($2,000 in tax plus $480 in penalties) by March 31st.

It's important for property owners to pay their property tax on time to avoid these penalties. If you're struggling to pay your property tax, reach out to the Nobles County tax office to see if payment plans or other options are available.

We recommend contacting the Nobles County Tax Office or a local tax professional for the most up-to-date and accurate information.

Nobles County tax offices:

• Nobles County tax assessor
• Nobles County tax collector
• Nobles County tax commissioner
• Nobles County tax appraiser
• Nobles County tag office