Cottonwood County, Minnesota Property Taxes

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

Median Cottonwood County effective property tax rate: 1.24%, significantly higher than the national median of 1.02%.
Median Cottonwood County home value: $129,300
Median annual Cottonwood County tax bill: $1,456, $944 lower than the national median property tax bill of $2,400.

How are property taxes in Cottonwood County calculated?

Property taxes in Cottonwood 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 Windom or another part of Cottonwood County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cottonwood County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.24%

Estimate Property Tax Bill

$1,603

$1,488

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

Property Tax Rates Across Cottonwood County, Minnesota

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Cottonwood County's effective property tax rate to other counties in Minnesota or the U.S. median property tax rate. In Cottonwood County, the median property tax rate stands at 1.24%, which is above the national median of 1.02%. This means residents in Cottonwood County pay more compared to the national average. However, within Minnesota, tax rates can vary significantly. For instance, Westbrook has the highest median tax rate in the county at 1.62%, while Lamberton boasts the lowest at 0.53%. Understanding these variations can help property owners make informed decisions about where to live or invest.

Property Tax Rates Across Cottonwood County, Minnesota

Source: Ownwell

0.53%

1.07%

1.62%

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 Cottonwood County Tax Rate

1.24%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cottonwood County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bingham Lake	0.56%	0.71%	0.96%	1.25%	1.37%
Butterfield	N/A	N/A	N/A	N/A	N/A
Comfrey	0.27%	0.47%	0.59%	0.75%	1.73%
Dundee	N/A	N/A	N/A	N/A	N/A
Fulda	0.29%	0.34%	0.65%	0.74%	0.87%
Heron Lake	0.21%	0.34%	0.60%	0.70%	1.13%
Jeffers	0.52%	0.86%	1.22%	1.51%	1.92%
Lamberton	0.26%	0.35%	0.53%	0.64%	1.01%
Mountain Lake	0.81%	1.32%	1.59%	1.75%	2.04%
Revere	0.30%	0.50%	0.63%	0.78%	1.40%
Sanborn	0.20%	0.30%	0.54%	0.60%	0.70%
Storden	0.53%	0.85%	0.93%	1.29%	1.56%
Walnut Grove	0.27%	0.39%	0.62%	0.67%	0.77%
Westbrook	0.60%	1.43%	1.62%	1.95%	2.32%
Windom	0.74%	0.94%	1.18%	1.30%	1.50%

Source: Ownwell

Property Tax Assessment Values Across Cottonwood County, Minnesota

When examining property taxes in Cottonwood 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 Cottonwood 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 Cottonwood 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 Cottonwood County. For example, the median tax bill in Cottonwood County is $1,330, with tax bills ranging significantly across the county. Fulda has the highest median home price at $375,000.

Property Tax Assessment Values Across Cottonwood County, Minnesota

Source: Ownwell

$77,650

$226,325

$375,000

Median Cottonwood County Market Value

$129,300

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cottonwood County, Minnesota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bingham Lake	$7,440	$69,575	$194,250	$336,725	$637,860
Butterfield	N/A	N/A	N/A	N/A	N/A
Comfrey	$3,370	$80,775	$178,350	$343,350	$1,280,600
Dundee	N/A	N/A	N/A	N/A	N/A
Fulda	$157,100	$227,450	$375,000	$1,095,250	$1,371,850
Heron Lake	$116,400	$171,050	$237,300	$868,550	$2,013,300
Jeffers	$14,640	$44,500	$79,000	$141,200	$242,620
Lamberton	$129,930	$179,825	$238,300	$601,675	$1,824,590
Mountain Lake	$4,820	$52,600	$113,900	$189,400	$274,360
Revere	$132,120	$143,175	$194,700	$419,200	$1,391,020
Sanborn	$94,860	$211,100	$285,000	$1,293,100	$2,115,360
Storden	$5,080	$36,175	$77,650	$130,600	$194,010
Walnut Grove	$111,940	$131,750	$190,450	$348,925	$1,414,630
Westbrook	$13,800	$42,900	$86,600	$149,200	$235,500
Windom	$31,700	$87,950	$148,850	$216,100	$310,840

Source: Ownwell

Property Tax Bills Across Cottonwood County, Minnesota

In Cottonwood County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in the area is $129,300. Property taxes are then levied at the county's tax rate. Various factors influence the tax bill, including the property's location, market conditions, and any applicable exemptions or deductions. For instance, the tax bill at the 25th percentile is $726, while at the 75th percentile, it rises to $2,512. The 90th percentile tax bill is even higher at $3,746. Compared to the national median property tax bill of $2,400, Cottonwood County's tax bills vary widely depending on the neighborhood and property value. In Fulda, the highest median tax bill is $2,685, while in Storden, it is significantly lower at $676. These variations can significantly impact homeowners, affecting their overall housing costs and financial planning. Understanding these factors is crucial for homeowners aiming to manage their property tax expenses effectively.

Property Tax Bills Across Cottonwood County, Minnesota

Source: Ownwell

$676

$1,681

$2,685

Median Cottonwood County Tax Bill

$1,456

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Cottonwood County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bingham Lake	$111	$646	$1,572	$3,230	$4,782
Butterfield	N/A	N/A	N/A	N/A	N/A
Comfrey	$77	$642	$1,377	$2,470	$3,357
Dundee	N/A	N/A	N/A	N/A	N/A
Fulda	$1,060	$2,102	$2,685	$3,408	$4,626
Heron Lake	$720	$1,048	$1,858	$3,246	$5,514
Jeffers	$192	$522	$894	$1,524	$2,323
Lamberton	$858	$1,036	$1,818	$3,130	$4,893
Mountain Lake	$86	$748	$1,621	$2,738	$3,888
Revere	$835	$994	$2,153	$2,776	$2,996
Sanborn	$527	$969	$1,854	$3,465	$4,950
Storden	$73	$354	$676	$1,036	$1,753
Walnut Grove	$729	$884	$1,220	$1,624	$3,185
Westbrook	$288	$708	$1,158	$2,051	$3,220
Windom	$317	$832	$1,654	$2,612	$3,784

Source: Ownwell