Winger, Minnesota Property Taxes
The median property tax rate in Winger, MN is 0.75%, considerably lower than both the national median of 0.99% and the Minnesota state median of 1.11%. With the median home value in Winger at $111,700, the typical annual property tax bill reaches $984, falling below the national median of $2,690. Property taxes in Winger are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Winger'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 Winger 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
Winger, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$838
Ownwell’s Winger Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Winger with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Winger to estimate your property tax bill. This intuitive tool provides a clear understanding of potential tax liabilities. For those interested in exploring trends at a neighborhood level, additional localized information is available below. Your property’s assessed value is determined by Mahnomen County for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Winger, Minnesota
Property taxes in Winger, Minnesota, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Winger is 0.75%, which is lower than the U.S. national median of 0.99%. Local government entities within Winger set these rates annually, and they can vary significantly across different neighborhoods. Each year, Winger 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 Winger's effective property tax rate to other areas in Mahnomen County and the national median. For comparison, the zip code 56592 has both the highest and lowest median property tax rate of 0.75%. Understanding how these areas compare with Winger provides valuable insights into the varying tax landscape across Mahnomen County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Winger Tax Rate
0.75%
Average Mahnomen County Tax Rate
1.01%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Winger, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56592 | 0.75% | 0.75% | 0.75% | 0.82% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Winger, Minnesota
In Winger, 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 Mahnomen 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 Winger, 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 Winger helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $984.00, found in zip code 56592.
Average Winger Assessed Value
$111,700
Average Mahnomen County Assessed Value
$124,500
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Winger, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56592 | $40,580 | $67,250 | $111,700 | $129,950 | $140,900 |
Source: Ownwell
Property Tax Bills Across Winger, Minnesota
In Winger, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the Mahnomen County assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Winger, the median home price stands at $111,700. Tax bills can vary significantly, with the 25th percentile at $578 and the 75th percentile reaching $1,051. The 90th percentile tax bill is $1,091, indicating that higher-valued properties or those with fewer exemptions can expect to pay more. The local tax rate in Winger is influenced by various factors, including school district levies, city budgets, and county services. These taxes fund essential services such as public education, infrastructure, and emergency services. For comparison, the national median property tax rate is 0.99%. Homeowners in Winger benefit from understanding these components, allowing them to better anticipate their annual financial obligations and potentially explore tax appeal options if they believe their property has been over-assessed.
Average Winger Tax Bill
$984
Average Mahnomen County Tax Bill
$1,156
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Winger, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56592 | $334 | $578 | $984 | $1,051 | $1,091 |
Source: Ownwell