58054 Property Tax Rate

Property owners in ZIP code 58054 (Lisbon, North Dakota) pay a median of $2,055/year in property taxes on homes valued at $196,300. This translates to an effective tax rate of 1.05%, which is 26% above the North Dakota state average of 0.83%.

The monthly property tax burden for a median-valued home in 58054 is approximately $171, which factors into escrow payments on mortgages. This ZIP code is located within Ransom County. This is $693 more than the North Dakota average of $1,362/year.

Compared to similar ZIP codes in North Dakota, 58054 has lower property taxes. ZIP codes with similar effective rates include 58240 (1.05%) and 58067 (1.05%).

In Lisbon, property taxes represent approximately 2.8% of the median household income of $74,231, providing context for the relative tax burden on homeowners in this area.

North Dakota reassesses property to fair market value at sale, with no subsequent cap unless you claim an exemption. Ransom County provides a Homestead Exemption and property tax relief for seniors 65+ and disabled persons — submit your exemption application to the Ransom County Assessor within the first month after closing. Call the Ransom County Assessor's office now to verify the exact exemption amount and filing deadline for your property.