$TStateTakeHome
Tax year 2026

Minnesota Property Tax Calculator (2026)

Direct Answer

The Minnesota median effective property tax rate is 1.02% for 2026 — median real-estate taxes paid divided by median home value (U.S. Census Bureau ACS 2024). On a $400,000 home that is about $4,080 a year (~$340 a month). Minnesota ranks #20 of 51 nationally. Enter your home value below for an instant estimate, then confirm the exact rate with your county.

What is the Minnesota property tax rate in 2026?

Minnesota's median effective property tax rate is 1.02%. On the state median home value of $329,300, the typical bill is about $3,357 a year.

How much is property tax on a $400,000 home in Minnesota?

About $4,080 a year, or roughly $340 a month, at the 1.02% median effective rate.

Where does Minnesota rank nationally?

Minnesota ranks #20 of 51 by median effective rate (1 = highest), near the middle of the national range. That is 0.08% above the 0.94% US average.

Is this my exact property tax bill?

No. Your county sets the millage and assessed value. This uses the state median; homestead, senior, and veteran exemptions can lower your bill.

Minnesota Property Tax Calculator (2026)

Rates updated 2026 (U.S. Census Bureau ACS 2024). Live estimate — state median effective rate.

Home value$400,000
Estimated annual property tax$4,080
Estimated monthly (escrow)$340
Minnesota median effective rate1.02%
National rank: #20 of 51 (1 = highest)US avg: 0.94%

Minnesota's median effective property tax rate is 0.08% above the US average of 0.94%. Your county, assessed value, and exemptions will change the actual bill.

How does property tax work in Minnesota?

Minnesota property tax is set locally, not by the state. Your county assessor values your home, then applies a local millage (tax) rate. Cities, school districts, and special districts each add a share.

Because rates vary by county, this page uses the Minnesota median effective rate of 1.02%. That is the median tax paid divided by the median home value, from the U.S. Census Bureau (ACS 2024). It is a benchmark, not your exact bill.

How much is property tax on a home in Minnesota?

Home valueRate (1.02%)Annual taxMonthly
$200,0001.02%$2,040$170
$400,0001.02%$4,080$340
$329,300 (state median)1.02%$3,357$280
$750,0001.02%$7,650$638

How do you calculate Minnesota property tax by hand?

  1. Find your home's assessed value on your county notice.
  2. Apply your county's assessment ratio if it uses one.
  3. Multiply the taxable value by the local millage (tax) rate.
  4. For a quick estimate, multiply your home value by 1.02% (the Minnesota median effective rate).

What exemptions can lower your Minnesota property tax?

Most counties offer a homestead exemption on your primary home. Many add relief for seniors, veterans, and people with disabilities. These lower your taxable value, so your real rate is often below the median.

Rules and amounts vary by county and change over time. Check your county assessor for the exemptions you qualify for before relying on a figure.

Why is your actual Minnesota bill different from this estimate?

Three things move your bill away from the state median. Your county rate may be higher or lower than the median. Your assessed value can lag the market. And exemptions reduce the taxable amount.

Use this page to budget and compare. For the exact number, use your latest assessment notice and your county's current millage rate.

How does property tax vary by county in Minnesota?

Property tax in Minnesota is set and collected at the county level, so your rate depends on where you live. Across Minnesota's 87 counties, the effective rate ranges from 0.56% in Cass County to 1.19% in Ramsey County. The table lists every county's effective rate, median home value, and median tax paid (U.S. Census Bureau ACS 2024).

CountyEffective rateMedian home valueMedian tax
Aitkin County0.58%$255,800$1,407
Anoka County0.94%$346,500$3,271
Becker County0.7%$291,000$2,014
Beltrami County0.8%$237,500$2,309
Benton County0.92%$271,000$2,651
Big Stone County0.87%$169,100$1,473
Blue Earth County0.96%$266,700$2,601
Brown County1%$191,200$1,976
Carlton County1.08%$245,100$2,862
Carver County0.96%$453,600$4,501
Cass County0.56%$288,300$1,615
Chippewa County1.03%$156,100$1,711
Chisago County1.02%$351,900$3,780
Clay County1.11%$265,500$3,013
Clearwater County0.69%$192,100$1,295
Cook County0.69%$336,200$2,304
Cottonwood County1.05%$169,300$1,781
Crow Wing County0.72%$306,800$2,283
Dakota County0.96%$381,000$3,749
Dodge County1.01%$287,700$3,191
Douglas County0.84%$321,400$2,674
Faribault County0.9%$135,300$1,334
Fillmore County0.81%$221,100$2,076
Freeborn County1.08%$171,100$1,907
Goodhue County0.98%$285,100$2,998
Grant County0.86%$191,000$1,783
Hennepin County1.1%$392,900$4,480
Houston County1.03%$239,000$2,756
Hubbard County0.74%$282,600$2,217
Isanti County0.97%$306,200$3,081
Itasca County0.86%$225,200$1,945
Jackson County0.84%$157,100$1,460
Kanabec County1.08%$228,100$2,582
Kandiyohi County0.91%$243,200$2,492
Kittson County0.81%$134,800$1,239
Koochiching County0.79%$156,600$1,156
Lac qui Parle County0.9%$157,600$1,422
Lake County0.61%$241,300$1,765
Lake of the Woods County0.82%$216,100$1,419
Le Sueur County0.98%$316,500$3,366
Lincoln County0.9%$164,400$1,574
Lyon County0.98%$200,700$2,126
Mahnomen County0.87%$161,900$1,509
Marshall County0.82%$164,500$1,315
Martin County1%$163,500$1,671
McLeod County1.09%$246,100$2,840
Meeker County0.83%$249,000$2,243
Mille Lacs County0.96%$258,300$2,698
Morrison County0.81%$248,500$2,190
Mower County0.98%$185,200$1,907
Murray County0.75%$185,400$1,471
Nicollet County1.04%$270,300$3,046
Nobles County0.86%$197,200$1,956
Norman County0.91%$147,100$1,378
Olmsted County1.01%$331,700$3,525
Otter Tail County0.73%$273,000$2,093
Pennington County1.08%$195,500$2,458
Pine County0.83%$239,300$2,068
Pipestone County0.83%$140,200$1,209
Polk County1.01%$222,800$2,245
Pope County0.69%$255,100$1,967
Ramsey County1.19%$326,600$3,966
Red Lake County1.01%$162,000$1,622
Redwood County0.82%$158,200$1,581
Renville County1.01%$163,200$1,691
Rice County1.01%$320,200$3,115
Rock County0.73%$224,300$1,590
Roseau County0.94%$183,700$1,779
Scott County0.95%$419,400$4,230
Sherburne County0.95%$361,400$3,560
Sibley County0.95%$231,900$2,544
St. Louis County1.02%$221,400$2,271
Stearns County0.91%$273,400$2,742
Steele County1.16%$245,400$2,964
Stevens County0.82%$202,800$1,634
Swift County0.8%$161,400$1,386
Todd County0.95%$207,700$1,982
Traverse County0.92%$114,100$1,126
Wabasha County0.95%$264,400$2,785
Wadena County1.01%$173,000$1,806
Waseca County1.13%$220,800$2,603
Washington County0.94%$422,000$4,164
Watonwan County1.02%$162,400$1,700
Wilkin County0.91%$182,200$1,435
Winona County0.86%$235,400$2,180
Wright County0.95%$358,900$3,523
Yellow Medicine County0.96%$154,700$1,606

Related calculators

Verified by our data team

Last updated: June 21, 2026. Effective rates verified against the U.S. Census Bureau American Community Survey (ACS) 2024 — median real-estate taxes paid divided by median owner-occupied home value — and cross-checked with the Tax Foundation and Construction Coverage 2026 compilations.

What are the most frequently asked questions?

  • Minnesota's median effective property tax rate is 1.02% (median tax paid divided by median home value, U.S. Census Bureau ACS 2024). Your county rate may differ.

  • About $3,060 a year, or roughly $255 a month, at the 1.02% median effective rate before exemptions.

  • Your county assesses your home's value and applies a local millage rate. For a fast estimate, multiply your home value by the 1.02% Minnesota median rate.

  • Most Minnesota counties offer a homestead exemption on a primary residence, and many add senior, veteran, and disability relief. Amounts vary by county — confirm with your assessor.

  • This uses the state median rate. Your county may tax above the median, your assessed value may differ, and exemptions change the taxable amount.

Disclaimer: this page is for educational and estimation purposes only; it is property-tax research, NOT tax or legal advice. Property tax is assessed locally by your county and municipality. Figures use each state's median effective rate (U.S. Census Bureau ACS 2024); your county, assessed value, and exemptions (homestead, senior, veteran, disability) will change the actual bill. Always confirm with your county assessor or a qualified professional.