Todd County Property Taxes
The median property tax rate in Todd County is 0.88%, which is lower than both the national median of 0.99% and the Minnesota state median of 1.11%. With a median home value of $198,400 in Todd County, the typical annual property tax bill amounts to $1,544, significantly less than the national median of $2,690. Property taxes in Todd 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 Todd 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 Long Prairie or another part of Todd County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Todd 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 Todd County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Todd County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Todd 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 Todd County, Minnesota
Property taxes in Todd County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Todd County is 0.88%, which is lower than the U.S. national median of 0.99%. Local government entities within Todd County set these rates annually, and they can vary significantly between different areas within the county. Each year, Todd 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 West Union has one of the higher property tax rates in Minnesota at 1.18%, while the city of Verndale boasts one of the lowest at 0.52%. Analyzing how Todd County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Todd County Tax Rate
0.88%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Todd County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aldrich | 0.32% | 0.38% | 0.52% | 0.88% | 1.02% |
| Bertha | 0.35% | 0.53% | 0.93% | 1.32% | 1.77% |
| Browerville | 0.41% | 0.70% | 0.88% | 1.02% | 1.22% |
| Burtrum | 0.64% | 0.82% | 0.89% | 1.02% | 1.17% |
| Carlos | 0.27% | 0.33% | 0.61% | 0.81% | 0.93% |
| Clarissa | 0.33% | 0.60% | 0.92% | 1.10% | 1.33% |
| Cushing | 0.47% | 0.67% | 0.73% | 0.79% | 0.88% |
| Eagle Bend | 0.36% | 0.63% | 0.90% | 1.22% | 1.98% |
| Freeport | 0.47% | 0.62% | 0.74% | 0.79% | 0.81% |
| Grey Eagle | 0.56% | 0.78% | 0.87% | 1.02% | 1.33% |
| Hewitt | 0.34% | 0.70% | 0.91% | 1.19% | 1.60% |
| Long Prairie | 0.41% | 0.70% | 0.86% | 1.02% | 1.31% |
| Motley | N/A | N/A | N/A | N/A | N/A |
| Osakis | 0.58% | 0.81% | 0.87% | 0.97% | 1.18% |
| Randall | N/A | N/A | N/A | N/A | N/A |
| Sauk Centre | 0.62% | 0.86% | 0.95% | 1.08% | 1.20% |
| Staples | 0.63% | 0.77% | 0.92% | 1.14% | 1.54% |
| Swanville | 0.54% | 0.82% | 0.91% | 1.01% | 1.10% |
| Verndale | 0.27% | 0.35% | 0.52% | 0.88% | 1.01% |
| Wadena | 0.38% | 0.40% | 0.67% | 0.81% | 0.94% |
| West Union | 0.74% | 0.84% | 1.18% | 1.37% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Todd County, Minnesota
In Todd 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 Todd 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 Todd 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. For example, the highest median tax bill in the county is $2,832 in Sauk Centre, while the lowest is $800 in West Union. 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 Todd County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Todd County Assessed Value
$198,400
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Todd County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aldrich | $48,200 | $153,900 | $311,100 | $434,400 | $544,400 |
| Bertha | $30,780 | $84,800 | $154,900 | $275,900 | $422,400 |
| Browerville | $5,590 | $88,075 | $188,450 | $314,075 | $437,310 |
| Burtrum | $32,840 | $94,350 | $232,400 | $364,400 | $502,600 |
| Carlos | $149,010 | $227,300 | $308,150 | $405,500 | $513,750 |
| Clarissa | $22,750 | $78,450 | $152,750 | $254,475 | $355,550 |
| Cushing | $90,560 | $201,150 | $301,700 | $426,300 | $565,500 |
| Eagle Bend | $15,960 | $81,500 | $171,500 | $301,300 | $450,720 |
| Freeport | $255,190 | $255,775 | $374,400 | $576,500 | $727,340 |
| Grey Eagle | $33,320 | $140,300 | $287,100 | $459,600 | $646,180 |
| Hewitt | $5,240 | $46,825 | $117,750 | $232,700 | $416,310 |
| Long Prairie | $41,220 | $106,950 | $193,400 | $298,400 | $431,580 |
| Motley | N/A | N/A | N/A | N/A | N/A |
| Osakis | $35,080 | $110,025 | $253,100 | $388,025 | $532,380 |
| Randall | N/A | N/A | N/A | N/A | N/A |
| Sauk Centre | $48,380 | $186,850 | $327,700 | $455,150 | $615,340 |
| Staples | $5,160 | $56,100 | $124,800 | $215,000 | $319,940 |
| Swanville | $45,100 | $118,800 | $226,700 | $358,200 | $550,200 |
| Verndale | $136,150 | $204,475 | $300,450 | $419,025 | $572,630 |
| Wadena | $258,620 | $331,625 | $437,750 | $496,050 | $582,300 |
| West Union | $1,300 | $4,600 | $81,800 | $133,100 | $168,760 |
Source: Ownwell
Property Tax Bills Across Todd County, Minnesota
In Todd County, MN, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor who evaluates the market value of the property. This assessed value is then multiplied by the local tax rate to calculate the tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions or deductions. For homeowners in Todd County, the median home price is $198,400. Property tax bills vary significantly across the county, with the 25th percentile tax bill at $751 and the 75th percentile reaching $2,554. The 90th percentile tax bill can go up to $3,760. For example, residents in Sauk Centre face the highest median tax bill at $2,832, while those in West Union enjoy the lowest median tax bill at $800. These variations can significantly impact homeowners' financial planning and budgeting, making it crucial to understand how local tax rates and property values affect individual tax bills.
Average Todd County Tax Bill
$1,544
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Todd County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aldrich | $538 | $1,164 | $1,608 | $1,988 | $2,460 |
| Bertha | $495 | $822 | $1,232 | $1,844 | $2,552 |
| Browerville | $65 | $698 | $1,430 | $2,292 | $3,222 |
| Burtrum | $276 | $825 | $1,814 | $3,041 | $4,327 |
| Carlos | $508 | $1,016 | $1,419 | $2,421 | $3,752 |
| Clarissa | $175 | $586 | $1,040 | $1,759 | $2,558 |
| Cushing | $538 | $1,205 | $2,060 | $2,970 | $4,000 |
| Eagle Bend | $190 | $730 | $1,340 | $2,254 | $3,143 |
| Freeport | $2,019 | $2,068 | $2,566 | $3,144 | $3,340 |
| Grey Eagle | $321 | $1,187 | $2,258 | $3,539 | $5,328 |
| Hewitt | $70 | $371 | $866 | $1,524 | $2,297 |
| Long Prairie | $342 | $892 | $1,540 | $2,252 | $3,095 |
| Motley | N/A | N/A | N/A | N/A | N/A |
| Osakis | $325 | $938 | $2,035 | $3,162 | $4,471 |
| Randall | N/A | N/A | N/A | N/A | N/A |
| Sauk Centre | $445 | $1,575 | $2,832 | $4,194 | $5,620 |
| Staples | $72 | $472 | $1,044 | $1,832 | $2,732 |
| Swanville | $412 | $964 | $1,906 | $2,958 | $4,276 |
| Verndale | $518 | $906 | $1,560 | $2,225 | $3,170 |
| Wadena | $1,353 | $1,608 | $2,656 | $3,592 | $4,301 |
| West Union | $18 | $66 | $800 | $1,282 | $1,848 |
Source: Ownwell