White Earth, Minnesota Property Taxes
The median property tax rate in White Earth, MN is 1.01%, slightly higher than the national median of 0.99% but lower than the Minnesota state median of 1.11%. With the median home value in White Earth at $27,000, the typical annual property tax bill is $272, significantly below the national median of $2,690. Property taxes in White Earth are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding White Earth'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 White Earth 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
White Earth, Minnesota Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$2,220
Ownwell’s White Earth Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in White Earth. By simply entering your property's estimated assessed value, the calculator uses the median tax rate to provide an accurate estimate of your property tax bill. This tool is designed to help you understand potential tax liabilities effortlessly. For those interested in more granular insights, you can scroll down to explore trends at the neighborhood level. The assessed value of your property, determined by Becker County, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across White Earth, Minnesota
Property taxes in White Earth, Minnesota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in White Earth is 1.01%, which is higher than the U.S. national median of 0.99%. Local government entities within White Earth set these rates annually, and they can vary significantly across different neighborhoods. Each year, White Earth 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 White Earth's effective property tax rate to other areas in Minnesota and the national median. For comparison, the zip code 56591 has the highest median property tax rate of 1.01%, while the same zip code also has the lowest median tax rate of 1.01%. Understanding how these cities compare with White Earth provides valuable insights into the varying tax landscape across Becker County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average White Earth Tax Rate
1.01%
Average Becker County Tax Rate
0.72%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across White Earth, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56591 | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across White Earth, Minnesota
In White Earth, 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 Becker 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 White Earth, 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 White Earth 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 $272, found in the 56591 zip code.
Average White Earth Assessed Value
$27,000
Average Becker County Assessed Value
$241,300
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across White Earth, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56591 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 |
Source: Ownwell
Property Tax Bills Across White Earth, Minnesota
In White Earth, located in Becker 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, who evaluates the market value of the property. This valuation process considers factors such as the property's size, location, and condition. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For homeowners in White Earth, the median home price is $27,000. The property tax rate in this area results in a tax bill of $272, which is consistent across various percentiles, including the 25th, 75th, and 90th percentiles. This uniformity indicates a stable and predictable tax environment for residents. Compared to the national median property tax rate of 0.99%, White Earth's tax rate provides a more affordable option for homeowners. Understanding how these factors influence property taxes can help homeowners budget effectively and plan for future expenses.
Average White Earth Tax Bill
$272
Average Becker County Tax Bill
$1,854
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across White Earth, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56591 | $272 | $272 | $272 | $272 | $272 |
Source: Ownwell