58854 Property Tax Rate

Property owners in ZIP code 58854 (Watford City, North Dakota) pay a median of $1,618/year in property taxes on homes valued at $387,700. This translates to an effective tax rate of 0.42%, which is 50% below the North Dakota state average of 0.83%.

The monthly property tax burden for a median-valued home in 58854 is approximately $135, which factors into escrow payments on mortgages. This ZIP code is located within McKenzie County. This is $256 more than the North Dakota average of $1,362/year.

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

In Watford City, property taxes represent approximately 1.8% of the median household income of $88,234, 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. McKenzie County offers a Homestead Property Tax Credit for primary residences — contact the McKenzie County Assessor's office to determine your eligibility based on household income and file before the annual deadline. Apply for the homestead credit with the McKenzie County Assessor immediately after purchase to avoid missing the filing deadline.