Palermo, ND — income, home value, property tax, and sales tax.
In ZIP code 58794, near Palermo, households bring in a median of $97,500 a year, while per-capita income sits at $46,625. With a median home value of $114,900 and a county property tax rate of 0.52%, annual property taxes land around $598 — a minor line item against that earnings level. Sales tax runs 5.00%, so everyday purchases carry a smaller add-on than in many places. Together, these figures leave a wide gap between income and housing costs, giving households here more flexibility for savings, travel, or other priorities.
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