Duluth, Minnesota Property Taxes
The median property tax rate in Duluth, MN is 1.41%, considerably higher than both the national median of 0.99% and the Minnesota state median of 1.11%. With the median home value in Duluth, the typical annual property tax bill reaches $2,672, slightly below the national median of $2,690. Property taxes in Duluth 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 Duluth'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 Duluth 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
Duluth, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$2,693
Ownwell’s Duluth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Duluth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Duluth 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 Duluth, Minnesota
Property taxes in Duluth, Minnesota, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Duluth is 1.41%, higher than both the Minnesota state median and the U.S. national median of 0.99%. Local government entities within Duluth set these rates annually, and they can vary significantly across different neighborhoods. Each year, Duluth 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 Duluth's effective property tax rate to other areas in Minnesota and the national median. For comparison, the 55802 zip code has the highest median property tax rate of 1.50%, while the 55801 zip code has the lowest median tax rate of 0.88%. Understanding how these cities compare with Duluth provides valuable insights into the varying tax landscape across St. Louis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Duluth Tax Rate
1.41%
Average St. Louis County Tax Rate
1.26%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Duluth, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55801 | 0.65% | 0.73% | 0.88% | 0.88% | 0.89% |
| 55802 | 1.45% | 1.49% | 1.50% | 1.62% | 1.83% |
| 55803 | 1.03% | 1.12% | 1.35% | 1.44% | 1.50% |
| 55804 | 0.95% | 1.19% | 1.42% | 1.50% | 1.53% |
| 55805 | 1.26% | 1.32% | 1.43% | 1.51% | 1.51% |
| 55806 | 1.21% | 1.28% | 1.42% | 1.51% | 1.53% |
| 55807 | 1.23% | 1.30% | 1.38% | 1.50% | 1.51% |
| 55808 | N/A | N/A | N/A | N/A | N/A |
| 55810 | N/A | N/A | N/A | N/A | N/A |
| 55811 | 1.08% | 1.35% | 1.44% | 1.49% | 1.51% |
| 55812 | 1.38% | 1.43% | 1.49% | 1.51% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Duluth, Minnesota
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Duluth, Minnesota. 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 St. Louis County Assessor 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 Duluth, 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. The median home price in Duluth is $191,000, with tax bills varying significantly. For instance, the highest median tax bill is $3,546 in the 55812 zip code, while the lowest median tax bill is $1,012 in the 55801 zip code. 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 Duluth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Duluth Assessed Value
$191,000
Average St. Louis County Assessed Value
$137,900
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Duluth, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55801 | $89,120 | $98,900 | $115,200 | $155,950 | $180,400 |
| 55802 | $14,120 | $32,600 | $208,700 | $408,400 | $581,780 |
| 55803 | $15,000 | $152,200 | $232,800 | $322,400 | $441,720 |
| 55804 | $15,700 | $182,100 | $243,600 | $334,600 | $471,930 |
| 55805 | $50,900 | $129,125 | $156,300 | $188,200 | $230,650 |
| 55806 | $12,350 | $97,625 | $132,900 | $171,300 | $239,900 |
| 55807 | $7,000 | $112,625 | $151,450 | $186,700 | $230,710 |
| 55808 | N/A | N/A | N/A | N/A | N/A |
| 55810 | N/A | N/A | N/A | N/A | N/A |
| 55811 | $15,500 | $179,600 | $241,000 | $319,600 | $436,640 |
| 55812 | $130,000 | $188,300 | $245,400 | $334,000 | $505,100 |
Source: Ownwell
Property Tax Bills Across Duluth, Minnesota
Property tax bills in Duluth, located in St. Louis County, MN, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value. Homeowners in Duluth face a property tax rate that can vary significantly depending on their location within the city. For instance, the median home price in Duluth is $191,000, and the property tax bill can range widely. At the 25th percentile, homeowners might pay around $1,540, while those at the 75th percentile could see bills as high as $3,858. The highest median tax bill in Duluth is found in the 55812 zip code, reaching $3,546, while the lowest is in the 55801 zip code at $1,012. These variations impact homeowners differently, with those in higher-value homes shouldering a more substantial tax burden. Comparing this to the national median property tax rate of 0.99%, Duluth's tax rates can be seen as reflective of the property's assessed value and local funding needs.
Average Duluth Tax Bill
$2,672
Average St. Louis County Tax Bill
$1,738
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Duluth, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55801 | $790 | $873 | $1,012 | $1,087 | $1,132 |
| 55802 | $218 | $502 | $3,022 | $6,208 | $9,280 |
| 55803 | $206 | $1,748 | $3,032 | $4,214 | $5,696 |
| 55804 | $222 | $2,258 | $3,264 | $4,416 | $6,498 |
| 55805 | $635 | $1,730 | $2,170 | $2,686 | $3,376 |
| 55806 | $168 | $1,190 | $1,774 | $2,385 | $3,430 |
| 55807 | $98 | $1,414 | $2,044 | $2,604 | $3,327 |
| 55808 | N/A | N/A | N/A | N/A | N/A |
| 55810 | N/A | N/A | N/A | N/A | N/A |
| 55811 | $224 | $2,354 | $3,316 | $4,446 | $6,162 |
| 55812 | $2,010 | $2,783 | $3,546 | $4,942 | $7,580 |
Source: Ownwell