58040 Property Tax Rate

Property owners in ZIP code 58040 (Gwinner, North Dakota) pay a median of $2,207/year in property taxes on homes valued at $179,200. This translates to an effective tax rate of 1.23%, which is 48% above the North Dakota state average of 0.83%.

The monthly property tax burden for a median-valued home in 58040 is approximately $184, which factors into escrow payments on mortgages. This ZIP code is located within Sargent County. This is $845 more than the North Dakota average of $1,362/year.

Compared to similar ZIP codes in North Dakota, 58040 has lower property taxes. ZIP codes with similar effective rates include 58072 (1.23%) and 58103 (1.24%).

In Gwinner, property taxes represent approximately 3.1% of the median household income of $71,094, providing context for the relative tax burden on homeowners in this area.

North Dakota reassesses to market value at sale with no statewide cap; your assessment is fixed at the purchase price going forward unless an exemption reduces it. Sargent County offers a Homestead Exemption and senior/disabled exemptions available to qualifying owners — file your claim with the Sargent County Assessor immediately after purchase. Contact the Sargent County Assessor to confirm the exemption amount and ensure your paperwork is submitted before the next tax assessment date.