Grant County, Minnesota Property Taxes
Median Grant County effective property tax rate: 0.87%, significantly lower than the national median of 1.02%.
Median Grant County home value: $166,400
Median annual Grant County tax bill: $1,600, $800 lower than the national median property tax bill of $2,400.
How are property taxes in Grant County calculated?
Property taxes in Grant 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 Elbow Lake or another part of Grant County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grant County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$1,448
$1,343
Property Tax Rates Across Grant County, Minnesota
Local government entities determine tax rates, which can differ significantly within a state. Annually, each county calculates its budgetary needs for services and divides this by the total assessed value of all taxable property within its borders. This process establishes the property tax rate. Votes and legislation play a role in finalizing tax rates and budgets, but this is the core procedure each year.
For instance, Grant County in Minnesota has an effective property tax rate of 0.87%, which is below the national median of 1.02%. Within the county, Elbow Lake has the highest median tax rate at 1.05%, while Norcross has the lowest at 0.72%. These variations highlight the diversity in tax rates even within a single county. Comparing Grant County’s rate to the national median, property owners here benefit from relatively lower taxes. Understanding these differences is crucial for property owners aiming to optimize their tax liabilities. By appealing for reassessment or seeking exemptions, residents can potentially reduce their property tax burden.
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 Grant County Tax Rate
0.87%
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 Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grant County, Minnesota
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ashby | 0.65% | 0.76% | 0.91% | 1.31% | 1.60% |
Barrett | 0.35% | 0.60% | 0.82% | 1.25% | 1.53% |
Campbell | N/A | N/A | N/A | N/A | N/A |
Dalton | N/A | N/A | N/A | N/A | N/A |
Donnelly | N/A | N/A | N/A | N/A | N/A |
Elbow Lake | 0.52% | 0.73% | 1.05% | 1.44% | 1.70% |
Evansville | N/A | N/A | N/A | N/A | N/A |
Herman | 0.34% | 0.64% | 0.98% | 1.29% | 1.47% |
Hoffman | 0.50% | 0.68% | 0.79% | 0.89% | 0.95% |
Kensington | 0.65% | 0.73% | 0.76% | 0.81% | 0.88% |
Nashua | N/A | N/A | N/A | N/A | N/A |
Norcross | 0.27% | 0.55% | 0.72% | 0.85% | 1.13% |
Wendell | 0.44% | 0.66% | 0.88% | 1.27% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Grant County, Minnesota
When examining property taxes in Grant 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 Grant 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.
Assessment notices:
In Grant 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 Grant County.
For example, the median tax bill in Grant County is $2,340, with tax bills ranging significantly across the county. Ashby has the highest median home price at $246,700.
Median Grant County Market Value
$166,400
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grant County, Minnesota
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ashby | $89,460 | $149,300 | $246,700 | $389,100 | $546,800 |
Barrett | $37,200 | $78,600 | $180,400 | $314,500 | $512,600 |
Campbell | N/A | N/A | N/A | N/A | N/A |
Dalton | N/A | N/A | N/A | N/A | N/A |
Donnelly | N/A | N/A | N/A | N/A | N/A |
Elbow Lake | $50,760 | $88,300 | $149,000 | $271,200 | $483,800 |
Evansville | N/A | N/A | N/A | N/A | N/A |
Herman | $22,860 | $55,700 | $108,500 | $206,600 | $656,720 |
Hoffman | $71,840 | $112,900 | $171,450 | $269,925 | $386,170 |
Kensington | $132,020 | $190,300 | $217,400 | $272,100 | $341,520 |
Nashua | N/A | N/A | N/A | N/A | N/A |
Norcross | $10,400 | $29,050 | $84,900 | $230,075 | $987,750 |
Wendell | $33,760 | $62,275 | $113,700 | $289,475 | $847,910 |
Source: Ownwell
Property Tax Bills Across Grant County, Minnesota
Median Grant County Tax Bill
$1,600
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Grant County, Minnesota
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ashby | $881 | $1,611 | $2,340 | $3,350 | $4,451 |
Barrett | $322 | $714 | $1,544 | $2,536 | $3,500 |
Campbell | N/A | N/A | N/A | N/A | N/A |
Dalton | N/A | N/A | N/A | N/A | N/A |
Donnelly | N/A | N/A | N/A | N/A | N/A |
Elbow Lake | $522 | $980 | $1,648 | $2,578 | $3,792 |
Evansville | N/A | N/A | N/A | N/A | N/A |
Herman | $250 | $515 | $990 | $1,744 | $3,179 |
Hoffman | $498 | $820 | $1,337 | $2,160 | $3,006 |
Kensington | $1,096 | $1,462 | $1,582 | $2,142 | $2,447 |
Nashua | N/A | N/A | N/A | N/A | N/A |
Norcross | $53 | $216 | $681 | $1,524 | $3,257 |
Wendell | $356 | $626 | $1,289 | $2,248 | $3,339 |
Source: Ownwell