Moorhead, Clay County, Minnesota Property Taxes

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

Median MOORHEAD, MN effective property tax rate: 1.42%, significantly higher than the national median of 1.02%, but lower than the MN state median of 1.11%.
Median MOORHEAD, MN home value: $228,300
Median annual MOORHEAD, MN tax bill: $3,234, $834 higher than the national median property tax bill of $2,400.

How are property taxes in Clay County calculated?

Property taxes in MOORHEAD, MN 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 MOORHEAD’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in MOORHEAD, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Moorhead, Clay County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.42%

Estimate Property Tax Bill

$3,242

$3,008

Ownwell’s Moorhead Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Moorhead with just two data points. By entering your property's estimated assessed value, our calculator applies Moorhead’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 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 Clay County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Moorhead, Clay County, Minnesota

Local government entities determine tax rates, which can vary significantly within a state. Each year, counties estimate their budget needs for services and divide that by the total value of all taxable property in their area, resulting in the property tax rate. Though votes and laws also play a role in setting these rates and budgets, this is the essence of the annual process.

In Moorhead, located in Clay County, Minnesota, the effective property tax rate is 1.42%. This rate is notably higher than the national median property tax rate of 1.02%. However, within Minnesota, Moorhead's rate is consistent with the state's median property tax rate of 1.42%. This indicates that property tax rates in Moorhead align closely with the state average but are higher than the national average. Understanding these rates can be crucial for property owners in managing their tax liabilities and planning their finances effectively.

Property Tax Rates Across Moorhead, Clay County, Minnesota

Source: Ownwell

0.45%

0.94%

1.42%

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 Moorhead Tax Rate

1.42%

Median Effective Clay County Tax Rate

1.36%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Moorhead, Clay County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56560	1.11%	1.34%	1.42%	1.52%	1.87%
56561	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Moorhead, Clay County, Minnesota

When examining property taxes in Moorhead, MN, 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 Clay 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.

In Clay County, 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 Moorhead.

For example, the median home price in Moorhead is $228,300, with tax bills ranging significantly across the county. Zip code 56560 has the highest median home price at $228,300.

Property Tax Assessment Values Across Moorhead, Clay County, Minnesota

Source: Ownwell

$124,300

$272,925

$421,550

Median Moorhead Market Value

$228,300

Median Clay County Market Value

$240,800

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Moorhead, Clay County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56560	$145,600	$182,900	$228,300	$301,000	$403,800
56561	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Moorhead, Clay County, Minnesota

In Moorhead, Minnesota, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office in Clay County. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the home's size, location, and condition, as well as recent sales of comparable properties, play a crucial role in determining the assessed value. With a median home price of $228,300, homeowners in Moorhead typically face a property tax bill that aligns with the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $2,490 and the 75th percentile reaching $4,411. For homeowners facing higher tax burdens, Ownwell offers valuable services to help reduce these costs. By providing expert guidance on property tax appeals and exemptions, Ownwell assists homeowners in identifying potential savings, ensuring they only pay their fair share and potentially lowering their annual property tax bill.

Property Tax Bills Across Moorhead, Clay County, Minnesota

Source: Ownwell

$1,116

$2,180

$3,244

Median Moorhead Tax Bill

$3,234

Median Clay County Tax Bill

$3,042

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Moorhead, Clay County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56560	$1,828	$2,490	$3,234	$4,410	$6,008
56561	N/A	N/A	N/A	N/A	N/A

Source: Ownwell