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Minnesota (1.05% Avg Rate)

2026 federal, state and local taxes

Minnesota Property Tax Calculator (2026)

Estimate your 2026 Minnesota property tax. At the state's 1.05% average rate, a $335,000 home pays about $3,518 a year.

Your Estimated Property Tax

Escrow
Annual Property Tax $3,518 $293 a month in escrow
Effective Tax Rate 1.05% Minnesota State Average
10-Year Total at 3% Growth $40,324 $503 a year above the U.S. average

Minnesota Property Tax by Home Value

Home Value MN Effective Rate Annual Property Tax Monthly Escrow At the U.S. Average (0.90%)
$250,000 1.05% $2,625 $219 $2,250
$350,000 1.05% $3,675 $306 $3,150
$500,000 1.05% $5,250 $438 $4,500
$650,000 1.05% $6,825 $569 $5,850
$800,000 1.05% $8,400 $700 $7,200
$1,000,000 1.05% $10,500 $875 $9,000

Minnesota and Its Neighbors

Property Tax
State Average Rate Typical Home Bill on Typical Home Bill on $350,000
Wisconsin 1.51% $295,000 $4,455 $5,285
Iowa 1.43% $215,000 $3,075 $5,005
South Dakota 1.08% $295,000 $3,186 $3,780
Minnesota 1.05% $335,000 $3,518 $3,675
North Dakota 0.98% $260,000 $2,548 $3,430

Statewide average effective rates; local rates vary a lot within each state.

Property Tax Calculators by State

50 States + D.C.

How This Calculator Works

Minnesota's average effective property tax rate is 1.05% of a home's value each year, the 8th highest of 51 (50 states and D.C.). On the state's typical home, worth about $335,000, that comes to roughly $3,518 a year, or $293 a month in escrow.

Because home prices differ so much, the yearly bill ranks differently from the rate: Minnesota's bill on a typical home is 20th of 51, near the middle. On a $350,000 home it would be about $3,675.

Of Minnesota's neighbors, North Dakota (0.98%) has a lower average rate; the table below lists them all.

These are Minnesota averages; your county, city and school district set the actual bill.

Frequently Asked Questions

What is the property tax on a $300,000 house in Minnesota?

About $3,150 a year ($263 a month) at Minnesota's 1.05% average rate. A $500,000 house would pay about $5,250.

Is Minnesota a high property tax state?

Yes. Minnesota's average rate of 1.05% is the 8th highest of 51 (50 states and D.C.).

How much is sales tax in Minnesota?

Minnesota's state rate is 6.88% and local add-ons average 1.26%, for a combined average of 8.13%, the 15th highest of 51, in the top third.

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Neighboring states