Blue Earth County, Minnesota Property Taxes

Name: Property Tax Bills Across Blue Earth County, Minnesota
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Blue Earth County effective property tax rate: 1.06%, slightly higher than the national median of 1.02%.
Median Blue Earth County home value: $262,300
Median annual Blue Earth County tax bill: $2,724, $324 higher than the national median property tax bill of $2,400.

How are property taxes in Blue Earth County calculated?

Property taxes in Blue Earth County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Mankato or another part of Blue Earth County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Blue Earth County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.06%

Estimate Property Tax Bill

$2,780

$2,580

Ownwell’s Blue Earth County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Blue Earth County with just two data points. By entering your property's estimated assessed value, our calculator applies Blue Earth County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Blue Earth County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Blue Earth County, Minnesota

Local government entities in Blue Earth County set property tax rates, which can vary significantly within Minnesota. Each year, the county estimates its budgetary needs to provide essential services and divides this by the total assessed value of all taxable properties within its boundaries. This process determines the property tax rate. While votes and legislative measures play a role in setting these rates and budgets, this is the core annual procedure. Blue Earth County's effective property tax rate stands at 1.06%, slightly above the national median of 1.02%. In comparison, Pemberton has the highest median tax rate in the county at 1.57%, while Truman boasts the lowest at 0.50%. These variances highlight the differences in budgetary requirements and property values within the county. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively. By comparing Blue Earth County's property tax rate to other counties in Minnesota or the national median, property owners can gain valuable insights into their tax responsibilities and potential savings opportunities.

Property Tax Rates Across Blue Earth County, Minnesota

Source: Ownwell

0.50%

1.03%

1.57%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Blue Earth County Tax Rate

1.06%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Blue Earth County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Amboy	0.34%	0.74%	0.93%	1.31%	1.44%
Eagle Lake	0.83%	0.87%	0.90%	0.93%	1.06%
Garden City	0.30%	0.54%	0.64%	0.68%	0.70%
Good Thunder	0.39%	0.72%	0.81%	1.48%	1.61%
Hanska	N/A	N/A	N/A	N/A	N/A
Janesville	0.50%	0.75%	0.92%	0.95%	0.97%
Kasota	0.60%	0.75%	0.76%	0.79%	0.81%
Lake Crystal	0.63%	0.70%	1.00%	1.10%	1.16%
Lewisville	N/A	N/A	N/A	N/A	N/A
Madelia	0.29%	0.40%	0.70%	0.79%	0.84%
Madison Lake	0.76%	0.84%	1.20%	1.31%	1.56%
Mankato	0.82%	0.98%	1.07%	1.13%	1.32%
Mapleton	0.52%	0.78%	1.17%	1.35%	1.55%
Minnesota Lake	0.30%	0.43%	0.74%	0.79%	0.86%
New Ulm	0.63%	0.73%	0.81%	0.84%	0.85%
North Mankato	N/A	N/A	N/A	N/A	N/A
Pemberton	0.70%	0.77%	1.57%	1.65%	1.71%
Saint Clair	1.35%	1.41%	1.46%	1.49%	1.55%
Truman	0.22%	0.29%	0.50%	0.74%	0.76%
Vernon Center	0.30%	0.63%	1.11%	1.44%	1.62%

Source: Ownwell

Property Tax Assessment Values Across Blue Earth County, Minnesota

When examining property taxes in Blue Earth County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Blue Earth County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

Assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Blue Earth County.

For example, the median tax bill in Blue Earth County is $2,400, with tax bills ranging significantly across the county. Truman has the highest median home price at $431,900.

Property Tax Assessment Values Across Blue Earth County, Minnesota

Source: Ownwell

$179,100

$305,500

$431,900

Median Blue Earth County Market Value

$262,300

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Blue Earth County, Minnesota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Amboy	$83,820	$132,500	$197,500	$315,000	$739,480
Eagle Lake	$138,940	$228,900	$301,800	$400,625	$494,590
Garden City	$115,620	$164,800	$267,200	$456,800	$837,440
Good Thunder	$118,780	$188,200	$287,100	$443,400	$686,020
Hanska	N/A	N/A	N/A	N/A	N/A
Janesville	$219,350	$285,175	$381,200	$505,250	$793,550
Kasota	$76,600	$144,050	$254,400	$358,250	$409,100
Lake Crystal	$117,060	$181,850	$261,950	$360,150	$499,220
Lewisville	N/A	N/A	N/A	N/A	N/A
Madelia	$156,980	$209,525	$320,100	$599,825	$1,346,270
Madison Lake	$132,560	$236,825	$339,950	$517,400	$677,540
Mankato	$88,100	$191,300	$259,600	$351,400	$470,300
Mapleton	$130,660	$175,975	$235,850	$325,300	$474,620
Minnesota Lake	$166,160	$218,450	$362,600	$664,225	$1,525,090
New Ulm	$83,310	$146,175	$262,250	$419,375	$560,140
North Mankato	N/A	N/A	N/A	N/A	N/A
Pemberton	$131,630	$157,500	$181,500	$251,925	$384,780
Saint Clair	$155,200	$184,200	$220,300	$254,800	$306,300
Truman	$216,050	$264,275	$431,900	$919,500	$1,085,290
Vernon Center	$80,780	$121,850	$179,100	$275,300	$647,960

Source: Ownwell

Property Tax Bills Across Blue Earth County, Minnesota

In Blue Earth County, MN, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor's office. The median home price in the county is $262,300, and the tax rate is applied to this assessed value to calculate the tax bill. Homeowners in Blue Earth County can expect to pay a median property tax bill of $2,400, which aligns with the national median property tax bill. However, there's a range in tax bills, influenced by factors such as property location and value. For instance, in Garden City, the lowest median tax bill is $1,759, while in Madison Lake, the highest median tax bill is $3,687. These variations illustrate how property values and local tax rates can significantly impact what homeowners owe. Understanding these factors is crucial for homeowners, as property taxes contribute to local services such as schools and infrastructure, directly affecting the community's quality of life.

Property Tax Bills Across Blue Earth County, Minnesota

Source: Ownwell

$1,759

$2,726

$3,692

Median Blue Earth County Tax Bill

$2,724

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Blue Earth County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Amboy	$728	$1,372	$1,994	$2,842	$3,856
Eagle Lake	$1,186	$1,988	$2,668	$3,612	$4,520
Garden City	$608	$1,002	$1,759	$2,792	$3,846
Good Thunder	$1,275	$1,940	$2,690	$3,579	$4,356
Hanska	N/A	N/A	N/A	N/A	N/A
Janesville	$1,781	$2,349	$3,364	$4,288	$5,446
Kasota	$58	$1,011	$1,926	$2,831	$3,232
Lake Crystal	$932	$1,652	$2,448	$3,276	$4,392
Lewisville	N/A	N/A	N/A	N/A	N/A
Madelia	$940	$1,412	$2,094	$3,498	$4,626
Madison Lake	$982	$2,382	$3,687	$5,423	$7,439
Mankato	$722	$1,922	$2,776	$3,714	$4,941
Mapleton	$1,350	$1,830	$2,546	$3,470	$4,508
Minnesota Lake	$1,019	$1,787	$2,641	$3,420	$5,455
New Ulm	$545	$1,092	$1,889	$3,348	$4,383
North Mankato	N/A	N/A	N/A	N/A	N/A
Pemberton	$1,427	$2,154	$2,704	$3,254	$3,961
Saint Clair	$2,100	$2,603	$3,224	$3,874	$4,710
Truman	$1,008	$1,576	$2,611	$3,421	$4,370
Vernon Center	$704	$1,254	$1,913	$2,686	$3,401

Source: Ownwell