Sartell, Minnesota Property Taxes
The median property tax rate in Sartell, MN is 1.15%, which is notably higher than both the national median of 0.99% and the Minnesota state median of 1.11%. With the median home value in Sartell at $207,600, the typical annual property tax bill reaches $2,458, just below the national median of $2,690. Property taxes in Sartell are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sartell’s property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Sartell or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sartell, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$2,387
Ownwell’s Sartell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sartell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sartell to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Sartell, Minnesota
Property taxes in Sartell, Minnesota, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sartell is 1.15%, significantly higher than the U.S. national median of 0.99%. Local government entities within Sartell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sartell estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Sartell's effective property tax rate to other counties in Minnesota and the national median. For comparison, the zip code 56377 has the highest median property tax rate of 1.15%, which is the same as the lowest median tax rate in the same zip code. Understanding how these cities compare with Sartell provides valuable insights into the varying tax landscape across Benton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sartell Tax Rate
1.15%
Average Benton County Tax Rate
1.02%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sartell, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56377 | 0.90% | 1.09% | 1.15% | 1.32% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Sartell, Minnesota
In Sartell, Minnesota, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Benton County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Sartell, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Sartell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 56377, where the median tax bill is $2,458.
Average Sartell Assessed Value
$207,600
Average Benton County Assessed Value
$250,700
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sartell, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56377 | $8,760 | $23,150 | $207,600 | $277,950 | $364,580 |
Source: Ownwell
Property Tax Bills Across Sartell, Minnesota
In Sartell, located in Benton County, MN, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. This value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the size of the property, its location, and any improvements made. For homeowners in Sartell, the median home price is $207,600, which means that property tax bills can vary widely. For example, the tax bill at the 25th percentile is $252, while at the 75th percentile, it jumps to $3,301. At the 90th percentile, homeowners might see a tax bill as high as $4,298. These taxes are essential for funding local services such as schools, public safety, and infrastructure. However, they can also be a significant financial burden, especially when compared to the national median property tax rate of 0.99%.
Average Sartell Tax Bill
$2,458
Average Benton County Tax Bill
$2,428
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Sartell, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56377 | $112 | $252 | $2,458 | $3,301 | $4,298 |
Source: Ownwell