58541 Property Tax Rate

Property owners in ZIP code 58541 (Golden Valley, North Dakota) pay a median of $1,396/year in property taxes on homes valued at $232,100. This translates to an effective tax rate of 0.60%, which is 28% below the North Dakota state average of 0.83%.

The monthly property tax burden for a median-valued home in 58541 is approximately $116, which factors into escrow payments on mortgages. This ZIP code is located within Mercer County.

Compared to similar ZIP codes in North Dakota, 58541 has lower property taxes. ZIP codes with similar effective rates include 58640 (0.60%) and 58266 (0.61%).

In Golden Valley, property taxes represent approximately 1.2% of the median household income of $112,188, 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.