58523 Property Tax Rate

Property owners in ZIP code 58523 (Beulah, North Dakota) pay a median of $2,407/year in property taxes on homes valued at $199,900. This translates to an effective tax rate of 1.20%, which is 45% above the North Dakota state average of 0.83%.

The monthly property tax burden for a median-valued home in 58523 is approximately $201, which factors into escrow payments on mortgages. This ZIP code is located within Mercer County. This is $1,045 more than the North Dakota average of $1,362/year.

Compared to similar ZIP codes in North Dakota, 58523 has higher property taxes. ZIP codes with similar effective rates include 58201 (1.21%) and 58274 (1.20%).

In Beulah, property taxes represent approximately 2.8% of the median household income of $85,600, providing context for the relative tax burden on homeowners in this area.

North Dakota reassesses all property at fair market value every four years; your assessed value will be updated during the next reassessment period and may increase substantially. Mercer County offers a Homestead Exemption for owner-occupied residences—submit your application to the Mercer County Assessor's office within 30 days of closing. Contact the Mercer County Assessor after purchase to confirm your assessment and identify the 60-day appeal deadline for any valuation challenges.