2026 rates for 86 counties
The median effective property tax rate in Minnesota is 0.90% of a home's value, so a $300,000 home pays about $2,712 a year — below the national median of 1.07%. Most homeowners pay between 0.75% and 1.04%, from 0.44% in Lincoln County to 1.56% in Kittson County. Use the calculator below or browse by county to find your exact rate.
Minnesota has a progressive property tax structure where higher-value homes pay a slightly higher rate. The state offers a significant Property Tax Refund (the 'PTR') for homeowners whose taxes exceed a percentage of their income. Hennepin County (Minneapolis) and Ramsey County (St. Paul) have the highest rates.
Calculate your estimated property tax in Minnesota
Annual Property Tax
$1,356
Monthly Property Tax
$113
* This is an estimate based on the median tax rate. Actual taxes may vary based on local assessments and exemptions.
Property tax rates in Minnesota
0.746%
25% of properties pay this rate or less
0.904%
50% of properties pay this rate or less
1.036%
25% of properties pay more than this rate
These percentiles show the range of property tax rates. 25% of properties pay less than the low rate, 50% pay less than the median, and 75% pay less than the high rate.
The difference between the 25th and 75th percentiles is 0.290%, indicating the variation in property tax rates within this area. Use the median (50th percentile) for the most typical estimate.
State averages sourced from Tax Foundation 2024 data. National median: 1.07%.
Based on the median rate of 0.904%. Actual taxes depend on assessed value and local exemptions.
| Home Value | Annual Tax | Monthly Equivalent |
|---|---|---|
| $150,000 | $1,356 | $113/mo |
| $250,000 | $2,260 | $188/mo |
| $350,000 | $3,163 | $264/mo |
| $500,000 | $4,519 | $377/mo |
| $750,000 | $6,779 | $565/mo |
| $1,000,000 | $9,039 | $753/mo |
The median effective property tax rate in Minnesota is 0.90% of a home's value. On a $300,000 home that is about $2,712 a year, or $226 a month if it is paid through mortgage escrow. Your actual bill depends on your county and city rates and on any exemptions, such as a homestead exemption, that lower your taxable value.
Payment Schedule
Semi-annual
Due Date(s)
May 15 and October 15
Always verify exact deadlines with your local county assessor or tax collector, as dates can vary by municipality.
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