Clearwater County Property Taxes
The median property tax rate in Clearwater County is 0.60%, which is significantly lower than both the national median of 0.99% and the Minnesota state median of 1.11%. With the median home value in Clearwater County at $127,300, the typical annual property tax bill reaches $812, far below the national median of $2,690. Property taxes in Clearwater 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 Clearwater 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 Bagley or another part of Clearwater County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clearwater 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 Clearwater Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Clearwater with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Clearwater to estimate your property tax bill, helping you understand potential tax liabilities. For more localized insights, you can navigate to city-level trends further down the page. Your property's assessed value is the figure assigned by the county for tax calculations and includes any applicable exemptions. This tool offers a clear picture of your tax responsibilities, allowing for better financial planning.
Property Tax Rates Across Clearwater County, Minnesota
Property taxes in Clearwater County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Clearwater County is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Clearwater County set these rates annually, and they can vary significantly between different areas within the county. Each year, Clearwater 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 Clearwater County's effective property tax rate with other counties and the national median. For comparison, the city of Gonvick has one of the higher property tax rates in the region at 0.75%, while the city of Waubun boasts one of the lowest at 0.50%. Analyzing how Clearwater County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Clearwater County Tax Rate
0.60%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clearwater County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bagley | 0.48% | 0.54% | 0.60% | 0.96% | 1.26% |
| Clearbrook | 0.44% | 0.55% | 0.64% | 1.14% | 1.43% |
| Gonvick | 0.55% | 0.62% | 0.75% | 1.20% | 1.61% |
| Gully | 0.65% | 0.65% | 0.66% | 0.67% | 0.67% |
| Leonard | 0.48% | 0.56% | 0.62% | 0.66% | 0.68% |
| Mahnomen | 0.48% | 0.52% | 0.55% | 0.55% | 0.57% |
| Park Rapids | 0.50% | 0.51% | 0.54% | 0.54% | 0.54% |
| Shevlin | 0.43% | 0.48% | 0.53% | 0.59% | 0.84% |
| Solway | 0.15% | 0.21% | 0.37% | 0.49% | 0.50% |
| Waubun | 0.44% | 0.44% | 0.50% | 0.51% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Clearwater County, Minnesota
In Clearwater 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 Clearwater 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 Clearwater 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 example, Park Rapids has the highest median tax bill at $2,184, while Solway has the lowest at $566. Being aware of these valuation processes in Clearwater 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 Clearwater County, Minnesota
Source: Ownwell
$100,950
$252,275
$403,600
Average Clearwater County Assessed Value
$127,300
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clearwater County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bagley | $30,470 | $71,550 | $132,500 | $214,400 | $294,420 |
| Clearbrook | $32,850 | $69,100 | $123,050 | $200,850 | $282,690 |
| Gonvick | $15,540 | $44,825 | $100,950 | $167,225 | $264,120 |
| Gully | $256,070 | $263,375 | $275,550 | $287,725 | $295,030 |
| Leonard | $30,920 | $82,400 | $144,400 | $216,300 | $312,760 |
| Mahnomen | $33,940 | $88,950 | $132,800 | $167,950 | $235,820 |
| Park Rapids | $388,080 | $393,900 | $403,600 | $465,050 | $501,920 |
| Shevlin | $29,370 | $71,225 | $130,550 | $218,875 | $296,960 |
| Solway | $151,030 | $207,775 | $278,050 | $328,675 | $350,050 |
| Waubun | $38,190 | $89,450 | $168,550 | $257,050 | $309,990 |
Source: Ownwell
Property Tax Bills Across Clearwater County, Minnesota
In Clearwater County, MN, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the county is $127,300, which serves as a baseline for determining property tax amounts. The local tax rate is applied to this assessed value to calculate the tax bill. Several factors influence the final tax bill, including property location, size, and any applicable exemptions or deductions. For example, homeowners in Park Rapids experience the highest median tax bill at $2,184, while those in Solway see the lowest at $566. The 25th percentile tax bill is around $414, indicating that a quarter of homeowners pay this amount or less, whereas the 75th percentile tax bill is $1,302, showing that another quarter pays this amount or more. At the 90th percentile, the tax bill reaches $1,890. These property taxes significantly impact homeowners by influencing their overall cost of living and financial planning. With the national median property tax rate at 0.99%, Clearwater County's rates provide a comparative perspective for potential homebuyers.
Average Clearwater County Tax Bill
$812
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Clearwater County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bagley | $192 | $458 | $878 | $1,369 | $2,013 |
| Clearbrook | $222 | $508 | $894 | $1,364 | $2,032 |
| Gonvick | $150 | $382 | $754 | $1,232 | $1,931 |
| Gully | $1,726 | $1,760 | $1,815 | $1,870 | $1,904 |
| Leonard | $152 | $422 | $838 | $1,292 | $1,804 |
| Mahnomen | $168 | $500 | $732 | $927 | $1,276 |
| Park Rapids | $2,098 | $2,130 | $2,184 | $2,376 | $2,491 |
| Shevlin | $170 | $360 | $684 | $1,138 | $1,604 |
| Solway | $421 | $506 | $566 | $895 | $1,466 |
| Waubun | $167 | $416 | $842 | $1,314 | $1,586 |
Source: Ownwell