Anoka County, Minnesota Property Taxes
The median property tax rate in Anoka County is 0.96%, which is slightly lower than the Minnesota state median of 1.11% but still close to the national median of 0.99%. With a median home value of $327,000 in Anoka County, the typical annual property tax bill amounts to $3,246, which is higher than the national median of $2,690. Property taxes here are based on the tax assessed value, which is generally lower than the actual market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Anoka County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you reside in a city within Anoka County or another area of the county, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Anoka County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$3,139
$2,913
Ownwell’s Anoka County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Anoka County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Anoka 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 Anoka County, Minnesota
Property taxes in Anoka County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Anoka County is 0.96%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Anoka County set these rates annually, and they can vary significantly between different areas within the county. Each year, Anoka 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 Anoka County's effective property tax rate with other cities in Minnesota. For comparison, the city of Hugo has one of the higher property tax rates in Minnesota at 1.12%, while the city of Nowthen boasts one of the lowest at 0.68%. Analyzing how Anoka County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Anoka County Tax Rate
0.96%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anoka County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Andover | 0.79% | 0.82% | 0.91% | 0.94% | 0.96% |
| Anoka | 0.72% | 0.90% | 0.99% | 1.03% | 1.16% |
| Bethel | 0.64% | 0.77% | 0.80% | 0.82% | 0.86% |
| Blaine | 0.88% | 0.89% | 0.92% | 0.95% | 0.95% |
| Cedar | 0.66% | 0.71% | 0.77% | 0.81% | 0.83% |
| Circle Pines | 0.95% | 1.02% | 1.08% | 1.12% | 1.20% |
| Elk River | 0.68% | 0.76% | 0.97% | 1.00% | 1.05% |
| Forest Lake | 0.95% | 0.99% | 1.03% | 1.07% | 1.11% |
| Fridley | N/A | N/A | N/A | N/A | N/A |
| Hugo | 0.95% | 1.08% | 1.12% | 1.17% | 1.23% |
| Isanti | 0.86% | 0.90% | 1.10% | 1.25% | 1.29% |
| Minneapolis | 0.88% | 0.94% | 0.99% | 1.10% | 1.22% |
| Nowthen | N/A | N/A | N/A | N/A | N/A |
| Saint Francis | 0.58% | 0.89% | 0.93% | 0.98% | 1.03% |
| Saint Paul | 1.03% | 1.07% | 1.12% | 1.16% | 1.18% |
| Stacy | 0.65% | 0.74% | 0.78% | 0.80% | 0.81% |
| Wyoming | 0.68% | 0.78% | 0.81% | 0.91% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Anoka County, Minnesota
In Anoka 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 Anoka 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 Anoka 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, Saint Paul has the highest median tax bill at $5,705, while Bethel has the lowest at $2,762. Being aware of these valuation processes in Anoka County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Anoka County, Minnesota
Source: Ownwell
$270,950
$412,600
$554,250
Average Anoka County Assessed Value
$327,000
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Anoka County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Andover | $298,300 | $338,000 | $412,700 | $502,800 | $600,560 |
| Anoka | $230,600 | $284,500 | $336,300 | $415,200 | $518,240 |
| Bethel | $60,820 | $287,875 | $352,000 | $423,150 | $481,910 |
| Blaine | $275,900 | $298,450 | $326,750 | $430,325 | $610,170 |
| Cedar | $271,540 | $322,800 | $381,700 | $457,600 | $557,940 |
| Circle Pines | $209,010 | $277,725 | $337,500 | $410,850 | $496,100 |
| Elk River | $323,200 | $407,675 | $470,000 | $544,925 | $645,450 |
| Forest Lake | $293,600 | $356,900 | $419,700 | $513,700 | $625,600 |
| Fridley | N/A | N/A | N/A | N/A | N/A |
| Hugo | $291,700 | $331,050 | $452,400 | $534,200 | $601,890 |
| Isanti | $246,020 | $286,250 | $314,200 | $363,000 | $446,290 |
| Minneapolis | $187,600 | $251,400 | $298,000 | $359,100 | $469,100 |
| Nowthen | N/A | N/A | N/A | N/A | N/A |
| Saint Francis | $76,180 | $236,800 | $292,700 | $352,350 | $434,820 |
| Saint Paul | $291,000 | $385,500 | $511,300 | $622,000 | $731,800 |
| Stacy | $218,590 | $291,025 | $374,800 | $477,550 | $561,340 |
| Wyoming | $144,300 | $277,400 | $353,300 | $459,100 | $574,500 |
Source: Ownwell
Property Tax Bills Across Anoka County, Minnesota
In Anoka 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 and reflects the market value of the property. Once the assessed value is established, it is multiplied by the county's property tax rate to determine the annual tax bill. Several factors influence this tax bill, including the home's location, size, and any applicable exemptions or deductions. For instance, the median home price in Anoka County is $327,000. Homeowners in this region can expect a tax bill ranging from $2,571 at the 25th percentile to $5,119 at the 90th percentile. Compared to the national median property tax rate of 0.99%, Anoka County's tax bills reflect a significant investment for homeowners. The highest median tax bill in the county is $5,705 in Saint Paul, while the lowest is $2,762 in Bethel. These variations highlight the impact of location and property value on tax obligations.
Average Anoka County Tax Bill
$3,246
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Anoka County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Andover | $2,420 | $2,984 | $3,707 | $4,446 | $5,365 |
| Anoka | $2,038 | $2,621 | $3,272 | $4,077 | $5,037 |
| Bethel | $358 | $2,295 | $2,762 | $3,280 | $3,792 |
| Blaine | $2,561 | $2,651 | $2,987 | $3,900 | $5,642 |
| Cedar | $1,896 | $2,413 | $2,912 | $3,507 | $4,184 |
| Circle Pines | $2,098 | $2,950 | $3,672 | $4,495 | $5,421 |
| Elk River | $2,725 | $3,424 | $4,311 | $5,144 | $6,062 |
| Forest Lake | $2,525 | $3,639 | $4,315 | $5,280 | $6,545 |
| Fridley | N/A | N/A | N/A | N/A | N/A |
| Hugo | $2,732 | $3,784 | $4,949 | $5,918 | $6,815 |
| Isanti | $2,809 | $3,069 | $3,456 | $3,774 | $4,328 |
| Minneapolis | $1,475 | $2,461 | $3,085 | $3,811 | $4,811 |
| Nowthen | N/A | N/A | N/A | N/A | N/A |
| Saint Francis | $440 | $2,185 | $2,783 | $3,410 | $4,146 |
| Saint Paul | $2,974 | $4,142 | $5,705 | $7,083 | $8,730 |
| Stacy | $1,452 | $2,099 | $2,854 | $3,672 | $4,349 |
| Wyoming | $904 | $2,191 | $2,883 | $3,844 | $4,959 |
Source: Ownwell