Minnesota Property & Real Estate Taxes
$2,098.00Median Property Tax In Minnesota
|
1.05%
Median Property Tax
As Percentage Of Home Value |
3.10%
Median Property Tax
As Percentage Of Income |
Related Resources: |
$200,400.00Median Home Value In Minnesota
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$67,702.00Median Income In Minnesota
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The median property tax in Minnesota is $2,098.00 per year, based on a median home value of $200,400.00 and a median effective property tax rate of 1.05%. You can look up your recent appraisal by filling out the form below.
Minnesota's Median Property Tax Is Higher Than Average
19th out of 50By median yearly property tax
|
19th out of 50
By percentage of median home value
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21st out of 50
By percentage of median income
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Minnesota collects relatively high property taxes, and is ranked in the top half of all states by property tax collections. Keep in mind that higher real estate taxes may be offset by lower state sales or income taxes. Higher property taxes in dollars may also be the result of higher property values than other states.
Minnesota Property Taxes By County
While this page shows statewide Minnesota property tax statistics, more precise property tax statistics can be found at county level. Minnesota has a total of eighty seven counties, and each county has a unique process for assessing and calculating property tax.
If you would like to estimate the property tax on a home like yours in Minnesota, enter your most recent property valuation in the property tax estimator below. Results are based on median taxes in all counties, and will open in a new page.
All of the counties in Minnesota are listed in the table below, sorted by median property tax from highest to lowest, left to right. Choose your county from the list below for more information about your local property tax. To compare property taxes in different counties, try out our interactive property tax map of Minnesota.
Citations
U.S. Census Bureau
American Community Survey, 2006-2010 |
The Tax Foundation
Property Tax Calculations, July 2012 |
Minnesota Department of Revenue
Tax Statistics & References |