Calculate property taxes on any home in Minnesota. The average effective property tax rate is 1.12% — higher than the national average of 1.07%.
Annual Tax (Median Home)
$3,584
Monthly Tax
$299
Tax Rate
1.12%
Avg effective rate
vs. National Avg
+$160
National avg: 1.07%
| Home Value | $320,000 | Median home price in Minnesota (2025) |
| Effective Tax Rate | 1.12% | Minnesota statewide average |
| Annual Tax | $3,584 | Home value × effective rate |
| Monthly Tax | $299 | Annual ÷ 12 months |
| National Avg Rate | 1.07% | US average effective rate |
| vs. National (annual) | +$160 | Difference vs. national avg on same home |
Minnesota's effective property tax rate of 1.12% is higher than the national average of 1.07%. On the median home price of $320,000, homeowners pay approximately $3,584 per year — or $299 added to their monthly housing costs.
Property tax rates vary significantly within Minnesota by county and municipality. The effective rate represents taxes paid as a percentage of home market value. Some counties may assess property at a fraction of market value, so the nominal (millage) rate may differ from the effective rate shown here.
