Chisago County Property Taxes
The median property tax rate in Chisago County is 1.18%, which is notably higher than both the national median of 0.99% and the Minnesota state median of 1.11%. With a median home value of $305,800 in Chisago County, the typical annual property tax bill amounts to $3,492, surpassing the national median of $2,690. Property taxes in Chisago County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Chisago County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Center City or another part of Chisago County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Chisago County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$3,608
Ownwell’s Chisago County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Chisago County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Chisago County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Chisago County, Minnesota
Property taxes in Chisago County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Chisago County is 1.18%, which is higher than the U.S. national median of 0.99%. Local government entities within Chisago County set these rates annually, and they can vary significantly between different areas within the county. Each year, Chisago County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Chisago County's effective property tax rate with other areas in Minnesota and the national median. For comparison, the city of Forest Lake has one of the higher property tax rates in Minnesota at 1.32%, while the city of Braham boasts one of the lowest at 0.95%. Analyzing how Chisago County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Chisago County Tax Rate
1.18%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chisago County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Braham | 0.29% | 0.72% | 0.95% | 1.00% | 1.02% |
| Cambridge | 1.07% | 1.14% | 1.19% | 1.21% | 1.21% |
| Center City | 0.32% | 0.91% | 1.01% | 1.13% | 1.16% |
| Chisago City | 0.96% | 1.04% | 1.18% | 1.21% | 1.30% |
| Forest Lake | 1.23% | 1.27% | 1.32% | 1.34% | 1.41% |
| Harris | 0.51% | 1.06% | 1.15% | 1.21% | 1.27% |
| Lindstrom | 0.86% | 0.99% | 1.20% | 1.27% | 1.32% |
| North Branch | 0.91% | 1.13% | 1.23% | 1.26% | 1.29% |
| Rush City | 0.46% | 1.01% | 1.13% | 1.28% | 1.37% |
| Scandia | 0.94% | 0.97% | 1.03% | 1.24% | 1.24% |
| Shafer | 0.38% | 0.90% | 1.08% | 1.27% | 1.32% |
| Stacy | 0.77% | 1.03% | 1.07% | 1.09% | 1.19% |
| Stanchfield | 0.71% | 0.98% | 1.02% | 1.19% | 1.27% |
| Taylors Falls | 0.54% | 0.95% | 1.17% | 1.26% | 1.50% |
| Wyoming | 1.18% | 1.24% | 1.27% | 1.33% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Chisago County, Minnesota
In Chisago County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Chisago County Appraisal District. The assessed value, however, 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. Assessment notices in Chisago County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Chisago County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Chisago County, the highest median tax bill is found in Forest Lake at $5,096, while the lowest median tax bill is in Rush City at $2,516.
Property Tax Assessment Values Across Chisago County, Minnesota
Source: Ownwell
$231,300
$344,450
$457,600
Average Chisago County Assessed Value
$305,800
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chisago County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Braham | $54,620 | $208,800 | $308,100 | $391,400 | $459,280 |
| Cambridge | $52,870 | $269,550 | $340,750 | $401,225 | $488,550 |
| Center City | $66,700 | $198,100 | $323,900 | $442,300 | $571,220 |
| Chisago City | $130,800 | $269,050 | $368,200 | $483,500 | $618,600 |
| Forest Lake | $171,580 | $323,450 | $396,500 | $497,400 | $573,580 |
| Harris | $30,850 | $187,775 | $304,850 | $408,650 | $492,740 |
| Lindstrom | $49,000 | $218,500 | $324,100 | $429,850 | $570,800 |
| North Branch | $52,200 | $217,575 | $288,600 | $356,175 | $447,130 |
| Rush City | $15,800 | $90,000 | $231,300 | $349,200 | $481,600 |
| Scandia | $350,060 | $399,150 | $457,600 | $521,950 | $584,860 |
| Shafer | $26,100 | $175,850 | $266,300 | $386,650 | $523,760 |
| Stacy | $23,300 | $233,300 | $326,900 | $398,400 | $462,300 |
| Stanchfield | $35,570 | $183,275 | $310,050 | $437,200 | $545,380 |
| Taylors Falls | $10,900 | $159,300 | $253,600 | $354,450 | $479,970 |
| Wyoming | $106,500 | $260,500 | $324,400 | $385,700 | $459,800 |
Source: Ownwell
Property Tax Bills Across Chisago County, Minnesota
In Chisago County, MN, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is an estimation of the property's market value as determined by the county assessor. Factors such as property location, size, and improvements influence this valuation. Once the assessed value is established, it is then multiplied by the county's tax rate to calculate the annual tax bill. For instance, with a median home price of $305,800, homeowners in Chisago County can expect varying tax bills. The 25th percentile tax bill is around $2,158, while the 75th percentile tax bill is approximately $4,604. At the higher end, the 90th percentile tax bill reaches $5,872. Comparatively, Forest Lake has the highest median tax bill at $5,096, whereas Rush City has the lowest at $2,516. These tax bills impact homeowners by contributing to the overall cost of homeownership, influencing both monthly budgets and long-term financial planning.
Average Chisago County Tax Bill
$3,492
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Chisago County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Braham | $80 | $1,768 | $2,757 | $3,416 | $4,111 |
| Cambridge | $640 | $2,846 | $4,003 | $4,745 | $5,512 |
| Center City | $235 | $1,653 | $3,127 | $4,310 | $5,580 |
| Chisago City | $1,126 | $2,959 | $4,108 | $5,511 | $7,269 |
| Forest Lake | $1,847 | $4,078 | $5,096 | $6,512 | $7,783 |
| Harris | $192 | $1,548 | $3,321 | $4,570 | $5,683 |
| Lindstrom | $278 | $2,428 | $3,644 | $4,812 | $6,422 |
| North Branch | $537 | $2,442 | $3,448 | $4,238 | $5,233 |
| Rush City | $230 | $572 | $2,516 | $3,788 | $5,372 |
| Scandia | $3,494 | $4,062 | $4,794 | $5,710 | $6,529 |
| Shafer | $201 | $1,122 | $3,090 | $3,791 | $5,106 |
| Stacy | $209 | $2,271 | $3,424 | $4,307 | $5,123 |
| Stanchfield | $244 | $1,743 | $3,152 | $4,501 | $5,951 |
| Taylors Falls | $122 | $944 | $2,740 | $3,682 | $4,660 |
| Wyoming | $1,011 | $3,262 | $4,157 | $5,018 | $5,990 |
Source: Ownwell