PropertyTaxPeek

Minnesota Property Tax Rates

Minnesota (MN) has an effective property tax rate of 1.11%, which is 0.05% above the national average of 1.06%.

2024 Data
Effective Rate
1.11%
Median Annual Tax
$2,915
Median Home Value
$262,600

Minnesota Counties Property Tax Rates

CountyRateMedian Tax
Hennepin County1.02%$2,207
Ramsey County1.17%$2,166
Dakota County1.01%$2,362
Anoka County1.17%$2,573
Washington County1.37%$3,480
St. Louis County1.25%$2,296
Olmsted County1.33%$2,876
Stearns County0.85%$3,272
Scott County1.36%$3,411
Wright County1.23%$4,670
Carver County0.82%$3,054
Sherburne County1.35%$3,841
Blue Earth County1.31%$4,532
Rice County1.35%$2,801
Clay County1.30%$4,932
Crow Wing County1.14%$2,068
Otter Tail County1.03%$2,626
Chisago County1.32%$3,226
Winona County1.01%$3,357
Beltrami County0.94%$1,812
Goodhue County1.41%$2,299
Itasca County0.98%$3,197
Kandiyohi County1.17%$3,758
Isanti County1.36%$3,861
Benton County1.00%$3,893
Mower County1.23%$3,931
Douglas County1.21%$3,574
Steele County0.85%$3,280
McLeod County1.28%$4,105
Carlton County0.96%$2,312
Becker County0.90%$3,362
Nicollet County0.93%$2,882
Morrison County0.98%$1,958
Polk County0.86%$2,757
Freeborn County1.32%$3,910
Cass County0.91%$3,286
Pine County0.97%$1,856
Le Sueur County0.88%$3,049
Mille Lacs County0.97%$1,595
Lyon County1.02%$3,746
Todd County1.01%$2,023
Brown County1.25%$3,057
Meeker County1.39%$2,428
Nobles County1.02%$3,790
Wabasha County0.95%$3,171
Hubbard County1.27%$4,117
Fillmore County1.12%$1,963
Dodge County0.93%$2,353
Martin County0.92%$2,396
Houston County0.87%$2,281
Waseca County0.98%$3,710
Kanabec County1.30%$4,333
Aitkin County0.84%$3,170
Redwood County1.05%$3,987
Roseau County1.27%$4,080
Sibley County1.29%$2,984
Renville County1.04%$3,713
Pennington County1.35%$2,195
Wadena County1.25%$3,425
Faribault County1.28%$4,054
Koochiching County0.82%$3,086
Chippewa County1.02%$1,925
Pope County1.34%$2,367
Cottonwood County1.19%$3,755
Watonwan County1.15%$4,488
Lake County1.13%$3,939
Jackson County1.23%$3,862
Stevens County1.30%$3,282
Yellow Medicine County0.85%$2,113
Rock County1.15%$3,111
Swift County1.00%$2,922
Pipestone County1.31%$4,672
Clearwater County0.96%$1,992
Marshall County1.31%$2,473
Murray County1.05%$2,474
Lac qui Parle County0.84%$2,007
Norman County0.91%$1,453
Wilkin County1.17%$4,246
Grant County1.05%$3,306
Lincoln County0.95%$2,333
Mahnomen County1.01%$2,749
Cook County1.27%$4,099
Big Stone County1.09%$2,085
Kittson County1.02%$2,388
Red Lake County0.87%$2,344
Lake of the Woods County1.27%$4,929
Traverse County1.11%$3,095

Property Tax Calculator

1.11%
Annual Tax
$3,885
Monthly Tax
$324
vs National Avg
+$1,195
(+3.7% rate difference)

Looking to reduce your housing costs? Compare mortgage refinancing rates to lower your monthly payment. Check homeowners insurance quotes for potential savings. Explore home equity loan offers for home improvements. Consider property tax appeal services if your assessment seems too high.

How Minnesota Compares to Neighboring States

StateRateMedian TaxDifference
Minnesota1.11%$2,915-
Iowa1.57%$2,522+0.46%
North Dakota0.94%$1,893-0.17%
South Dakota1.17%$2,424+0.06%
Wisconsin1.68%$3,484+0.57%

Minnesota Property Tax Overview

The effective property tax rate in Minnesota is 1.11%, meaning a homeowner with a property valued at $262,600 would pay approximately $2,915 annually. Understanding your property tax deduction eligibility can help offset this cost on your federal return.

Minnesota homeowners may qualify for a homestead exemption that reduces the taxable value of their primary residence. If your property assessment seems too high, consider a tax assessment appeal to potentially lower your bill.

For more financial context, explore salary data, cost of living, and ZIP code details for Minnesota.

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