58235 Property Tax Rate

Property owners in ZIP code 58235 (Gilby, North Dakota) pay a median of $1,321/year in property taxes on homes valued at $111,000. This translates to an effective tax rate of 1.19%, which is 43% above the North Dakota state average of 0.83%.

The monthly property tax burden for a median-valued home in 58235 is approximately $110, which factors into escrow payments on mortgages. This ZIP code is located within Grand Forks County.

Compared to similar ZIP codes in North Dakota, 58235 has lower property taxes. ZIP codes with similar effective rates include 58401 (1.19%) and 58274 (1.20%).

In Gilby, property taxes represent approximately 1.8% of the median household income of $74,688, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 58235, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Grand Forks County's tax assessor directly.