58627 Property Tax Rate

Property owners in ZIP code 58627 (Fairfield, North Dakota) pay a median of $1,200/year in property taxes on homes valued at $285,000. This translates to an effective tax rate of 0.42%, which is 49% below the North Dakota state average of 0.83%.

The monthly property tax burden for a median-valued home in 58627 is approximately $100, which factors into escrow payments on mortgages. This ZIP code is located within Billings County.

Compared to similar ZIP codes in North Dakota, 58627 has lower property taxes. ZIP codes with similar effective rates include 58854 (0.42%) and 58763 (0.43%).

In Fairfield, property taxes represent approximately 1.3% of the median household income of $89,500, providing context for the relative tax burden on homeowners in this area.

North Dakota reassesses properties at market value upon sale, with no annual cap on increases for new owners. Billings County offers a Homestead Property Tax Credit for primary residences — contact the Billings County Assessor's office to determine your eligibility based on household income and file before the annual deadline. Review your assessment notice after purchase and contact the Billings County Assessor if the valuation appears inconsistent with comparable sales.