Polk County Property Taxes
The median property tax rate in Polk County is 1.34%, which is significantly higher than both the national median of 0.99% and the Minnesota state median of 1.11%. With the median home value in Polk County at $183,700, the typical annual property tax bill reaches $2,200, which is below the national median of $2,690. Property taxes in Polk County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Polk 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 Crookston or another part of Polk County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Polk County 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 Polk County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Polk County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Polk 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 Polk County, Minnesota
Property taxes in Polk County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Polk County is 1.34%, which is higher than both the Minnesota state median and the U.S. national median of 0.99%. Local government entities within Polk County set these rates annually, and they can vary significantly between different areas within the county. Each year, Polk 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. For comparison, the city of Nielsville has one of the higher property tax rates in Minnesota at 2.74%, while the city of Thief River Falls boasts one of the lowest at 0.62%. Analyzing how Polk County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Polk County Tax Rate
1.34%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Polk County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alvarado | 0.44% | 0.65% | 0.94% | 1.00% | 1.03% |
| Bagley | 0.51% | 0.60% | 0.90% | 1.08% | 1.16% |
| Beltrami | 0.40% | 0.62% | 0.99% | 1.29% | 1.92% |
| Brooks | 0.36% | 0.37% | 0.70% | 0.78% | 0.85% |
| Clearbrook | 0.48% | 0.64% | 0.92% | 1.12% | 1.16% |
| Climax | 0.57% | 0.91% | 1.02% | 1.53% | 1.91% |
| Crookston | 0.93% | 1.25% | 1.41% | 1.57% | 1.78% |
| East Grand Forks | 0.92% | 1.36% | 1.48% | 1.56% | 1.81% |
| Erskine | 0.67% | 0.90% | 0.96% | 1.29% | 1.55% |
| Euclid | 0.42% | 0.64% | 0.90% | 0.97% | 1.02% |
| Fertile | 0.53% | 0.97% | 1.11% | 1.31% | 1.50% |
| Fisher | 0.58% | 0.81% | 0.98% | 1.67% | 1.92% |
| Fosston | 0.60% | 1.02% | 1.27% | 1.46% | 1.78% |
| Gonvick | 0.43% | 0.51% | 0.78% | 0.89% | 1.15% |
| Gully | 0.38% | 0.45% | 0.79% | 1.35% | 1.72% |
| Lengby | 0.61% | 1.03% | 1.17% | 1.35% | 1.58% |
| Mcintosh | 0.41% | 0.78% | 1.07% | 1.61% | 2.04% |
| Mentor | 0.83% | 0.87% | 0.91% | 1.00% | 1.07% |
| Nielsville | 0.62% | 0.94% | 2.74% | 3.78% | 4.95% |
| Oklee | 0.45% | 0.62% | 0.74% | 0.79% | 0.82% |
| Oslo | 0.79% | 0.94% | 0.99% | 1.04% | 1.12% |
| Red Lake Falls | 0.41% | 0.75% | 0.95% | 1.38% | 1.41% |
| Thief River Falls | 0.28% | 0.33% | 0.62% | 0.88% | 0.88% |
| Trail | 0.32% | 0.52% | 0.77% | 0.89% | 1.05% |
| Warren | 0.40% | 0.54% | 0.87% | 0.93% | 1.03% |
| Winger | 0.42% | 0.78% | 1.03% | 1.64% | 2.30% |
Source: Ownwell
Property Tax Assessment Values Across Polk County, Minnesota
In Polk 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 Polk 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 Polk 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. For instance, East Grand Forks has the highest median tax bill at $3,200, while Trail has the lowest at $1,010. Being aware of these valuation processes in Polk County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Polk County Assessed Value
$183,700
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Polk County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alvarado | $92,480 | $111,550 | $169,450 | $222,150 | $376,910 |
| Bagley | $99,900 | $135,900 | $212,650 | $252,125 | $316,560 |
| Beltrami | $24,150 | $63,600 | $134,500 | $391,650 | $663,000 |
| Brooks | $136,240 | $141,700 | $173,900 | $285,300 | $391,200 |
| Clearbrook | $195,360 | $210,750 | $236,000 | $364,425 | $565,530 |
| Climax | $28,740 | $64,000 | $123,400 | $217,100 | $402,720 |
| Crookston | $56,120 | $93,100 | $148,400 | $216,850 | $299,080 |
| East Grand Forks | $121,600 | $171,600 | $221,900 | $288,150 | $366,010 |
| Erskine | $53,120 | $116,150 | $205,300 | $345,400 | $551,580 |
| Euclid | $71,650 | $109,450 | $180,650 | $264,050 | $484,900 |
| Fertile | $58,260 | $99,800 | $161,100 | $230,000 | $364,120 |
| Fisher | $83,780 | $132,400 | $190,200 | $290,900 | $414,040 |
| Fosston | $57,840 | $85,950 | $135,400 | $214,100 | $317,620 |
| Gonvick | $106,540 | $139,075 | $212,600 | $286,425 | $531,340 |
| Gully | $36,260 | $68,700 | $165,600 | $349,925 | $434,860 |
| Lengby | $36,980 | $64,800 | $111,100 | $187,500 | $264,900 |
| Mcintosh | $53,260 | $89,400 | $135,000 | $228,300 | $384,060 |
| Mentor | $57,100 | $166,950 | $313,400 | $454,900 | $629,270 |
| Nielsville | $11,240 | $26,200 | $40,200 | $226,000 | $712,560 |
| Oklee | $145,620 | $191,400 | $214,300 | $234,800 | $301,580 |
| Oslo | $132,440 | $171,900 | $206,750 | $298,175 | $712,430 |
| Red Lake Falls | $123,340 | $185,400 | $231,900 | $321,100 | $376,760 |
| Thief River Falls | $142,740 | $222,750 | $312,000 | $394,425 | $462,150 |
| Trail | $26,800 | $60,550 | $158,100 | $302,750 | $410,400 |
| Warren | $74,700 | $124,550 | $178,500 | $405,350 | $735,100 |
| Winger | $33,650 | $58,325 | $106,300 | $204,950 | $354,650 |
Source: Ownwell
Property Tax Bills Across Polk County, Minnesota
In Polk 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 property's market value. This value is then multiplied by the local tax rate to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. For instance, the median home price in Polk County is $183,700. Homeowners in the 25th percentile can expect a tax bill around $1,382, while those in the 75th percentile might see a bill of approximately $3,236. At the higher end, the 90th percentile tax bill reaches $4,555. The highest median tax bill in the county is found in East Grand Forks at $3,200, while Trail has the lowest at $1,010. These property taxes fund essential community services like schools, public safety, and infrastructure, directly impacting homeowners' quality of life. Comparing Polk County's tax rates to the national median of 0.99% helps to contextualize these figures.
Average Polk County Tax Bill
$2,200
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Polk County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alvarado | $899 | $1,016 | $1,362 | $1,585 | $2,208 |
| Bagley | $780 | $1,115 | $1,674 | $2,150 | $2,616 |
| Beltrami | $457 | $691 | $1,243 | $2,102 | $3,857 |
| Brooks | $1,050 | $1,064 | $1,214 | $1,256 | $1,477 |
| Clearbrook | $1,227 | $1,838 | $2,486 | $3,379 | $4,432 |
| Climax | $554 | $916 | $1,582 | $2,170 | $2,954 |
| Crookston | $898 | $1,354 | $2,046 | $2,860 | $3,795 |
| East Grand Forks | $1,654 | $2,414 | $3,200 | $4,249 | $5,707 |
| Erskine | $677 | $1,183 | $2,032 | $3,022 | $5,181 |
| Euclid | $670 | $978 | $1,478 | $2,068 | $3,004 |
| Fertile | $808 | $1,183 | $1,771 | $2,354 | $3,123 |
| Fisher | $1,162 | $1,588 | $2,258 | $2,872 | $3,743 |
| Fosston | $840 | $1,152 | $1,653 | $2,328 | $3,188 |
| Gonvick | $785 | $910 | $1,415 | $2,158 | $3,027 |
| Gully | $608 | $872 | $1,290 | $1,930 | $2,572 |
| Lengby | $419 | $772 | $1,219 | $1,889 | $2,610 |
| Mcintosh | $779 | $1,104 | $1,564 | $2,136 | $2,795 |
| Mentor | $906 | $1,726 | $2,908 | $4,225 | $6,012 |
| Nielsville | $454 | $842 | $1,330 | $2,376 | $3,601 |
| Oklee | $865 | $1,077 | $1,502 | $1,644 | $1,847 |
| Oslo | $1,339 | $1,608 | $1,968 | $3,254 | $4,798 |
| Red Lake Falls | $1,351 | $1,673 | $2,154 | $2,455 | $3,002 |
| Thief River Falls | $918 | $1,110 | $1,250 | $1,554 | $2,041 |
| Trail | $285 | $516 | $1,010 | $1,663 | $2,526 |
| Warren | $720 | $1,142 | $1,602 | $2,412 | $3,616 |
| Winger | $599 | $854 | $1,082 | $1,620 | $2,248 |
Source: Ownwell