Brownsville, Minnesota Property Taxes
The median property tax rate in Brownsville, MN is 0.96%, slightly lower than both the national median of 0.99% and the Minnesota state median of 1.11%. With the median home value in Brownsville, the typical annual property tax bill reaches $2,200, which is below the national median of $2,690. Property taxes in Brownsville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Brownsville'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 Brownsville 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
Brownsville, 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 Brownsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brownsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brownsville 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 Brownsville, Minnesota
Property taxes in Brownsville, Minnesota, are essential for funding crucial local services like public schools, road maintenance, and emergency services. The median tax rate in Brownsville is 1.11%, higher than both the Minnesota state median of 1.02% and the U.S. national median of 0.99%. Local government entities within Brownsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brownsville 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 Brownsville's effective property tax rate to other counties in Minnesota and the national median. For comparison, the 55919 zip code has the highest median property tax rate of 1.11%, while the same zip code also has the lowest median tax rate of 1.11%. Understanding how these cities compare with Brownsville provides valuable insights into the varying tax landscape across Houston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brownsville Tax Rate
0.96%
Average Houston County Tax Rate
1.20%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brownsville, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55919 | 0.55% | 0.81% | 0.96% | 1.05% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Brownsville, Minnesota
In Brownsville, 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 Houston 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 Brownsville, 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 Brownsville 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 bills is 55919, both at $2,200.
Average Brownsville Assessed Value
$234,400
Average Houston County Assessed Value
$221,200
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brownsville, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55919 | $84,420 | $164,800 | $234,400 | $338,500 | $515,600 |
Source: Ownwell
Property Tax Bills Across Brownsville, Minnesota
In Brownsville, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of your property. With a median home price of $234,400, homeowners can expect varying tax bills depending on their property's valuation and location within Houston County. Factors influencing your tax bill include property size, location, and any applicable exemptions. For instance, the 25th percentile tax bill is $1,440, while the 75th percentile tax bill rises to $3,260. At the 90th percentile, homeowners may see tax bills as high as $4,405. This variation illustrates the impact of property value and local tax rates on the final bill. Comparatively, the national median property tax rate is 0.99%, making it crucial for homeowners in Brownsville to understand how local assessments and rates affect their finances. By staying informed, homeowners can better anticipate and manage their property tax obligations.
Average Brownsville Tax Bill
$2,200
Average Houston County Tax Bill
$2,534
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Brownsville, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55919 | $828 | $1,440 | $2,200 | $3,260 | $4,405 |
Source: Ownwell