58540 Property Tax Rate

Property owners in ZIP code 58540 (Garrison, North Dakota) pay a median of $1,810/year in property taxes on homes valued at $257,800. This translates to an effective tax rate of 0.70%, which is 16% below the North Dakota state average of 0.83%.

The monthly property tax burden for a median-valued home in 58540 is approximately $151, which factors into escrow payments on mortgages. This ZIP code is located within McLean County. This is $448 more than the North Dakota average of $1,362/year.

Compared to similar ZIP codes in North Dakota, 58540 has lower property taxes. ZIP codes with similar effective rates include 58311 (0.70%) and 58580 (0.71%).

In Garrison, property taxes represent approximately 2.4% of the median household income of $75,625, 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 change significantly. McLean County provides a Homestead Exemption for primary residences—file your application with the McLean County Assessor's office within 30 days of closing. Contact the McLean County Assessor immediately after purchase to verify your assessment and learn the 60-day protest deadline for challenging the valuation.