Goodhue County, Minnesota Property Taxes

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

Median Goodhue County effective property tax rate: 1.21%, significantly higher than the national median of 1.02%.
Median Goodhue County home value: $266,700
Median annual Goodhue County tax bill: $3,110, $710 higher than the national median property tax bill of $2,400.

How are property taxes in Goodhue County calculated?

Property taxes in Goodhue 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 Red Wing or another part of Goodhue County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Goodhue County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.21%

Estimate Property Tax Bill

$3,227

$2,995

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

Property Tax Rates Across Goodhue County, Minnesota

Local government entities set tax rates, which can vary widely within a state. 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 Goodhue County's effective property tax rate to other counties in Minnesota or the U.S. median property tax rate. Goodhue County's median property tax rate stands at 1.21%, which is above the national median rate of 1.02%. Within the county, the highest median tax rate is found in Pine Island at 1.45%, while West Concord enjoys the lowest at 0.45%. This range within a single county illustrates the variability in property tax rates, which can have significant implications for homeowners. Understanding these differences can help property owners make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Goodhue County, Minnesota

Source: Ownwell

0.45%

0.95%

1.45%

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 Goodhue County Tax Rate

1.21%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Goodhue County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bellechester	1.09%	1.17%	1.24%	1.32%	1.38%
Cannon Falls	0.68%	0.79%	1.04%	1.21%	1.29%
Dennison	0.41%	0.68%	0.85%	0.94%	1.47%
Frontenac	0.81%	0.86%	0.91%	0.97%	1.00%
Goodhue	0.40%	0.68%	0.97%	1.34%	1.43%
Hastings	0.51%	0.79%	0.86%	0.88%	0.92%
Kenyon	0.46%	0.82%	1.30%	1.43%	1.52%
Lake City	0.81%	0.90%	0.97%	1.28%	1.33%
Mazeppa	0.39%	0.56%	0.86%	0.97%	1.07%
Nerstrand	0.34%	0.44%	0.70%	0.82%	0.85%
Northfield	N/A	N/A	N/A	N/A	N/A
Pine Island	0.78%	1.22%	1.45%	1.54%	1.64%
Randolph	0.68%	0.69%	0.73%	0.75%	0.79%
Red Wing	0.79%	1.13%	1.25%	1.34%	1.37%
Wanamingo	0.52%	0.90%	1.35%	1.42%	1.48%
Welch	0.50%	0.70%	0.80%	0.88%	1.27%
West Concord	0.29%	0.38%	0.45%	0.67%	0.81%
Zumbrota	0.70%	1.01%	1.25%	1.33%	1.37%

Source: Ownwell

Property Tax Assessment Values Across Goodhue County, Minnesota

When examining property taxes in Goodhue 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 Goodhue County appraisal district 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 Goodhue 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 Goodhue County.

For example, the median tax bill in Goodhue County is $3,897, with tax bills ranging significantly across the county. West Concord has the highest median home price at $570,700.

Property Tax Assessment Values Across Goodhue County, Minnesota

Source: Ownwell

$146,000

$358,350

$570,700

Median Goodhue County Market Value

$266,700

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Goodhue County, Minnesota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bellechester	$9,850	$31,825	$146,000	$183,700	$232,600
Cannon Falls	$23,750	$203,950	$303,000	$446,275	$608,100
Dennison	$120,040	$233,100	$352,000	$536,700	$809,920
Frontenac	$26,410	$130,425	$221,600	$396,200	$562,870
Goodhue	$126,530	$218,900	$317,250	$480,400	$957,000
Hastings	$256,730	$344,575	$408,400	$616,500	$839,910
Kenyon	$76,800	$154,800	$224,500	$331,950	$571,500
Lake City	$15,820	$209,525	$303,500	$411,675	$538,590
Mazeppa	$237,700	$281,200	$441,500	$531,500	$907,000
Nerstrand	$208,100	$278,900	$367,900	$773,800	$1,265,540
Northfield	N/A	N/A	N/A	N/A	N/A
Pine Island	$90,340	$196,600	$287,500	$383,150	$516,620
Randolph	$253,300	$341,725	$454,700	$677,475	$693,900
Red Wing	$94,500	$167,300	$236,600	$338,200	$474,740
Wanamingo	$92,310	$196,075	$255,050	$336,325	$492,130
Welch	$100,270	$262,650	$390,900	$562,250	$765,060
West Concord	$317,930	$355,000	$570,700	$1,263,500	$1,755,020
Zumbrota	$110,750	$206,925	$288,750	$396,600	$527,250

Source: Ownwell

Property Tax Bills Across Goodhue County, Minnesota

In Goodhue County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. Homeowners in Goodhue County experience a range of tax bills, with the 25th percentile at $2,246 and the 75th percentile at $4,250. The 90th percentile reaches $5,716, indicating significant variation based on property value and location within the county. Notably, Pine Island has the highest median tax bill at $3,897, while Frontenac has the lowest at $2,074. Compared to the national median property tax rate of 1.02%, Goodhue County's tax rate reflects the local government's funding needs and priorities. These tax bills can impact homeowners by influencing their overall housing costs and potentially affecting decisions about buying or selling property in the area.

Property Tax Bills Across Goodhue County, Minnesota

Source: Ownwell

$2,074

$2,986

$3,897

Median Goodhue County Tax Bill

$3,110

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Goodhue County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bellechester	$584	$1,294	$2,080	$2,500	$3,142
Cannon Falls	$1,417	$2,400	$3,208	$4,218	$5,619
Dennison	$1,351	$2,212	$2,997	$4,120	$5,277
Frontenac	$440	$1,260	$2,074	$3,810	$5,444
Goodhue	$1,685	$2,402	$3,258	$4,396	$5,888
Hastings	$2,003	$2,508	$3,405	$4,110	$6,256
Kenyon	$1,375	$2,014	$2,661	$3,562	$4,706
Lake City	$1,718	$2,742	$3,428	$4,318	$5,548
Mazeppa	$1,823	$2,538	$3,215	$4,387	$5,527
Nerstrand	$1,637	$2,048	$2,630	$3,610	$4,780
Northfield	N/A	N/A	N/A	N/A	N/A
Pine Island	$1,893	$2,731	$3,897	$5,316	$6,627
Randolph	$1,761	$2,352	$3,197	$5,027	$5,459
Red Wing	$1,496	$2,114	$2,934	$4,032	$5,592
Wanamingo	$1,717	$2,328	$3,067	$4,112	$5,043
Welch	$1,392	$2,209	$3,234	$4,455	$6,178
West Concord	$1,870	$2,036	$3,148	$5,062	$5,810
Zumbrota	$1,701	$2,494	$3,438	$4,646	$6,102

Source: Ownwell