Nisswa, Crow Wing County, Minnesota Property Taxes
Median Nisswa, MN effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Nisswa, MN home value: $504,500
Median annual Nisswa, MN tax bill: $3,564, $1,164 higher than the national median property tax bill of $2,400.
How are property taxes in Crow Wing calculated?
Property taxes in Nisswa, 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 Nisswa’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nisswa, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nisswa, Crow Wing County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.71%
Estimate Property Tax Bill
$3,582
$3,324
Property Tax Rates Across Nisswa, Crow Wing County, Minnesota
Local government entities set tax rates, which can vary widely within a state. 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, this is the annual process in a nutshell.
In Nisswa, located in Crow Wing County, Minnesota, the effective property tax rate is 0.71%. This is lower than the national median property tax rate of 1.02%. This lower rate can be quite appealing for property owners, as it translates to a more manageable property tax bill compared to the national median of $2,400.
Comparatively, Nisswa's property tax rate is consistent with the highest and lowest median tax rates within its own zip code, which are both 0.71%. This consistency offers a sense of predictability for property owners in the area. Such competitive rates can make Nisswa an attractive location for potential homeowners looking for lower property taxes while still enjoying the amenities and services provided by the local government.
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 Nisswa Tax Rate
0.71%
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 Crow Wing County Tax Rate
0.59%
Median Effective Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Nisswa, Crow Wing County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56468 | 0.49% | 0.58% | 0.71% | 0.81% | 0.89% |
| 56465 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Nisswa, Crow Wing County, Minnesota
When examining property taxes in Nisswa, Minnesota, 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 Crow Wing 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 Crow Wing 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 Nisswa.
For example, the median home price in Nisswa is $504,500, with tax bills ranging significantly across the county. Zip code 56468 has the highest median home price at $504,500.
Property Tax Assessment Values Across Nisswa, Crow Wing County, Minnesota
Source: Ownwell
$35,250
$296,675
$558,100
Median Nisswa Market Value
$504,500
Median Crow Wing County Market Value
$265,300
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Nisswa, Crow Wing County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56468 | $74,390 | $260,450 | $504,500 | $802,800 | $1,107,900 |
| 56465 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Nisswa, Crow Wing County, Minnesota
In Nisswa, located in Crow Wing County, MN, property tax bills are determined based on the assessed value of a home, which is derived from its market value. The local tax rate is then applied to this assessed value. With a median home price of $504,500, homeowners in Nisswa may find their property tax bills significantly influenced by the market value of their homes. The tax bill can vary widely, with the 25th percentile at $1,679 and the 75th percentile reaching $6,025. This variability demonstrates the impact of different property values and tax rates on homeowners' bills. For instance, the highest median tax bill in the area is $3,571 in the 56468 zip code.
Ownwell assists homeowners in reducing their property tax bills by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying on their taxes. This service can lead to significant savings, making homeownership more affordable in Nisswa.
Median Nisswa Tax Bill
$3,564
Median Crow Wing County Tax Bill
$1,562
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Nisswa, Crow Wing County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56468 | $498 | $1,689 | $3,571 | $6,026 | $8,920 |
| 56465 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell