58272 Property Tax Rate

Property owners in ZIP code 58272 (Petersburg, North Dakota) pay a median of $560/year in property taxes on homes valued at $112,500. This translates to an effective tax rate of 0.50%, which is 40% below the North Dakota state average of 0.83%.

The monthly property tax burden for a median-valued home in 58272 is approximately $47, which factors into escrow payments on mortgages. This ZIP code is located within Nelson County. This is $802 less than the North Dakota average of $1,362/year.

Compared to similar ZIP codes in North Dakota, 58272 has higher property taxes. ZIP codes with similar effective rates include 58455 (0.50%) and 58277 (0.50%).

In Petersburg, property taxes represent approximately 0.7% of the median household income of $78,125, 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 locks in at the purchase price absent an exemption. Nelson County offers a Homestead Exemption and property tax relief for seniors 65+ and disabled persons — submit your exemption application to the Nelson County Assessor immediately after closing. Contact the Nelson County Assessor to confirm the exemption amount available and ensure timely filing.