Hennepin County, Minnesota Property Taxes
Median Hennepin County effective property tax rate: 1.26%, significantly higher than the national median of 1.02%.
Median Hennepin County home value: $350,000
Median annual Hennepin County tax bill: $4,453, $2,053 higher than the national median property tax bill of $2,400.
How are property taxes in Hennepin County calculated?
Property taxes in Hennepin 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 Minneapolis or another part of Hennepin County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hennepin County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.26%
Estimate Property Tax Bill
$4,410
$4,092
Property Tax Rates Across Hennepin County, Minnesota
Local government entities determine property tax rates, leading to significant variations within a state. Each year, counties like Hennepin in Minnesota calculate the necessary budget for public services and divide this by the total assessed value of all taxable properties in the area. This process establishes the property tax rate. Although votes and legislation play a role in determining tax rates and budgets, this is the essence of the annual procedure.
Hennepin County's effective property tax rate is 1.26%, which is higher than the national median of 1.02%. Within the county, New Hope has the highest median tax rate at 1.43%, while Spring Park enjoys the lowest at 0.97%. This range highlights the diverse tax landscape within the county.
Comparing Hennepin County's rate to the national median reveals a higher local burden, emphasizing the importance of understanding regional tax differences. Such insights can aid property owners in making informed decisions about property tax appeals and exemptions.
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 Hennepin County Tax Rate
1.26%
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 Hennepin County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bloomington | 1.12% | 1.13% | 1.15% | 1.22% | 1.25% |
| Brooklyn Park | 1.25% | 1.26% | 1.29% | 1.57% | 1.64% |
| Champlin | 1.08% | 1.10% | 1.12% | 1.13% | 1.34% |
| Dayton | 1.07% | 1.11% | 1.11% | 1.18% | 1.36% |
| Delano | 1.16% | 1.20% | 1.20% | 1.27% | 2.02% |
| Eden Prairie | 1.09% | 1.13% | 1.14% | 1.18% | 1.22% |
| Edina | 1.21% | 1.21% | 1.30% | 1.35% | 1.41% |
| Excelsior | 0.90% | 1.09% | 1.16% | 1.22% | 1.28% |
| Hamel | 1.05% | 1.12% | 1.22% | 1.30% | 1.34% |
| Hanover | 1.16% | 1.19% | 1.19% | 1.22% | 1.27% |
| Hopkins | 1.10% | 1.16% | 1.19% | 1.42% | 1.47% |
| Long Lake | 0.97% | 1.02% | 1.08% | 1.13% | 1.16% |
| Loretto | 1.17% | 1.21% | 1.28% | 1.35% | 1.40% |
| Maple Grove | 1.10% | 1.13% | 1.14% | 1.20% | 1.23% |
| Maple Plain | 1.00% | 1.08% | 1.20% | 1.30% | 1.42% |
| Minneapolis | 1.12% | 1.19% | 1.30% | 1.35% | 1.46% |
| Minnetonka | 1.16% | 1.18% | 1.25% | 1.26% | 1.31% |
| Mound | 0.86% | 0.92% | 0.98% | 1.07% | 1.13% |
| New Hope | 1.41% | 1.42% | 1.43% | 1.46% | 1.46% |
| Osseo | 1.14% | 1.16% | 1.33% | 1.41% | 1.62% |
| Richfield | 1.27% | 1.28% | 1.29% | 1.31% | 1.33% |
| Robbinsdale | 1.32% | 1.33% | 1.35% | 1.36% | 1.37% |
| Rockford | 1.16% | 1.20% | 1.23% | 1.28% | 1.33% |
| Rogers | 1.21% | 1.25% | 1.28% | 1.28% | 1.31% |
| Saint Bonifacius | 1.05% | 1.05% | 1.08% | 1.10% | 1.10% |
| Spring Park | 0.92% | 0.95% | 0.97% | 1.05% | 1.08% |
| Waconia | 1.01% | 1.04% | 1.06% | 1.09% | 1.24% |
| Watertown | 1.04% | 1.07% | 1.25% | 1.49% | 1.88% |
| Wayzata | 0.97% | 1.06% | 1.14% | 1.22% | 1.30% |
| Brooklyn Center | N/A | N/A | N/A | N/A | N/A |
| Chanhassen | N/A | N/A | N/A | N/A | N/A |
| Corcoran | N/A | N/A | N/A | N/A | N/A |
| Crystal | N/A | N/A | N/A | N/A | N/A |
| Golden Valley | N/A | N/A | N/A | N/A | N/A |
| Medicine Lake | N/A | N/A | N/A | N/A | N/A |
| Medina | N/A | N/A | N/A | N/A | N/A |
| Plymouth | N/A | N/A | N/A | N/A | N/A |
| Shorewood | N/A | N/A | N/A | N/A | N/A |
| St Louis Park | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Hennepin County, Minnesota
When examining property taxes in Hennepin 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 Hennepin 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 Hennepin 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 Hennepin County. For example, the median tax bill in Hennepin County is $4,224, with tax bills ranging significantly across the county. Wayzata has the highest median home price at $758,350.
Property Tax Assessment Values Across Hennepin County, Minnesota
Source: Ownwell
$185,500
$510,700
$835,900
Median Hennepin County Market Value
$350,000
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hennepin County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bloomington | $235,300 | $259,200 | $321,700 | $580,400 | $667,000 |
| Brooklyn Park | $195,800 | $246,850 | $273,000 | $306,200 | $363,460 |
| Champlin | $247,200 | $299,000 | $331,000 | $393,000 | $504,000 |
| Dayton | $105,000 | $277,000 | $398,000 | $483,000 | $571,000 |
| Delano | $257,500 | $296,000 | $396,000 | $473,250 | $585,500 |
| Eden Prairie | $234,200 | $349,700 | $447,400 | $582,700 | $740,240 |
| Edina | $384,680 | $443,500 | $504,900 | $636,850 | $1,007,080 |
| Excelsior | $368,100 | $479,000 | $675,000 | $1,081,000 | $1,982,800 |
| Hamel | $145,000 | $377,000 | $566,000 | $740,000 | $966,100 |
| Hanover | $300,200 | $399,000 | $448,000 | $527,000 | $620,200 |
| Hopkins | $136,400 | $243,100 | $353,000 | $472,000 | $683,200 |
| Long Lake | $308,000 | $391,000 | $649,000 | $1,024,000 | $1,767,600 |
| Loretto | $271,600 | $340,000 | $453,000 | $627,500 | $791,200 |
| Maple Grove | $243,900 | $305,600 | $385,400 | $517,400 | $639,500 |
| Maple Plain | $268,500 | $341,000 | $471,500 | $738,750 | $991,500 |
| Minneapolis | $188,000 | $258,000 | $325,900 | $434,900 | $606,000 |
| Minnetonka | $295,450 | $372,125 | $436,950 | $539,475 | $699,000 |
| Mound | $231,000 | $292,000 | $448,000 | $826,000 | $1,297,000 |
| New Hope | $278,500 | $304,250 | $326,500 | $369,000 | $396,700 |
| Osseo | $98,000 | $227,000 | $298,000 | $431,975 | $587,000 |
| Richfield | $250,000 | $275,000 | $296,000 | $328,000 | $363,400 |
| Robbinsdale | $271,500 | $296,250 | $319,500 | $355,750 | $376,400 |
| Rockford | $243,400 | $283,500 | $442,000 | $633,500 | $807,000 |
| Rogers | $70,000 | $298,000 | $394,000 | $460,000 | $543,000 |
| Saint Bonifacius | $223,000 | $303,000 | $391,000 | $488,000 | $550,000 |
| Spring Park | $247,000 | $375,000 | $527,000 | $823,500 | $1,185,400 |
| Waconia | $260,400 | $287,000 | $464,500 | $537,750 | $653,000 |
| Watertown | $283,500 | $316,750 | $374,500 | $434,750 | $497,000 |
| Wayzata | $354,000 | $500,000 | $758,350 | $1,301,250 | $2,417,400 |
| Brooklyn Center | N/A | N/A | N/A | N/A | N/A |
| Chanhassen | N/A | N/A | N/A | N/A | N/A |
| Corcoran | N/A | N/A | N/A | N/A | N/A |
| Crystal | N/A | N/A | N/A | N/A | N/A |
| Golden Valley | N/A | N/A | N/A | N/A | N/A |
| Medicine Lake | N/A | N/A | N/A | N/A | N/A |
| Medina | N/A | N/A | N/A | N/A | N/A |
| Plymouth | N/A | N/A | N/A | N/A | N/A |
| Shorewood | N/A | N/A | N/A | N/A | N/A |
| St Louis Park | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Hennepin County, Minnesota
Property tax bills in Hennepin County, MN, are determined by assessing the property's market value and applying the county's tax rate. The median home price in the county is $350,000, which serves as a baseline for calculating tax obligations. Homeowners in Hennepin County face a median tax bill that varies significantly, with the 25th percentile at $3,396 and the 75th percentile reaching $6,052. The 90th percentile tax bill can go as high as $8,729, indicating a wide range of property tax liabilities depending on the property's assessed value and location within the county.
For instance, Wayzata holds the highest median tax bill at $8,724, while Brooklyn Park presents a lower median tax bill of $3,468. These figures illustrate how location and property value influence tax bills. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Hennepin County homeowners generally face higher property tax bills. This discrepancy can impact homeowners' financial planning and housing affordability, making it crucial for residents to understand and potentially appeal their property tax assessments.
Median Hennepin County Tax Bill
$4,453
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Hennepin County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bloomington | $2,626 | $2,940 | $3,726 | $7,049 | $8,276 |
| Brooklyn Park | $3,041 | $3,085 | $3,468 | $4,890 | $5,798 |
| Champlin | $2,705 | $3,360 | $3,801 | $4,806 | $5,922 |
| Dayton | $1,358 | $3,327 | $4,681 | $5,547 | $6,806 |
| Delano | $3,050 | $4,037 | $5,093 | $6,451 | $8,329 |
| Eden Prairie | $2,590 | $3,914 | $5,121 | $6,844 | $9,020 |
| Edina | $4,633 | $5,574 | $6,490 | $8,446 | $13,589 |
| Excelsior | $3,900 | $5,290 | $7,657 | $12,859 | $23,942 |
| Hamel | $3,531 | $5,046 | $7,272 | $9,236 | $11,852 |
| Hanover | $3,515 | $4,768 | $5,365 | $6,464 | $8,005 |
| Hopkins | $1,661 | $2,845 | $4,565 | $5,963 | $9,000 |
| Long Lake | $3,277 | $4,126 | $6,947 | $11,294 | $19,917 |
| Loretto | $3,468 | $4,403 | $5,957 | $8,055 | $10,344 |
| Maple Grove | $2,746 | $3,490 | $4,510 | $6,086 | $7,659 |
| Maple Plain | $3,208 | $4,175 | $5,615 | $8,778 | $12,073 |
| Minneapolis | $2,310 | $3,319 | $4,242 | $5,691 | $8,031 |
| Minnetonka | $3,564 | $4,527 | $5,374 | $6,695 | $9,043 |
| Mound | $2,199 | $2,908 | $4,374 | $8,277 | $13,616 |
| New Hope | $3,921 | $4,323 | $4,725 | $5,397 | $5,806 |
| Osseo | $2,042 | $3,500 | $4,518 | $5,520 | $7,217 |
| Richfield | $3,156 | $3,516 | $3,870 | $4,330 | $4,877 |
| Robbinsdale | $3,635 | $3,958 | $4,297 | $4,835 | $5,165 |
| Rockford | $2,858 | $3,388 | $5,462 | $8,033 | $10,657 |
| Rogers | $2,906 | $4,171 | $5,173 | $6,016 | $7,186 |
| Saint Bonifacius | $2,323 | $3,347 | $4,316 | $5,193 | $5,958 |
| Spring Park | $2,256 | $3,639 | $5,089 | $8,738 | $12,793 |
| Waconia | $2,635 | $3,005 | $5,289 | $6,817 | $7,924 |
| Watertown | $3,787 | $4,159 | $4,901 | $6,376 | $7,349 |
| Wayzata | $3,730 | $5,565 | $8,724 | $15,355 | $28,202 |
| Brooklyn Center | N/A | N/A | N/A | N/A | N/A |
| Chanhassen | N/A | N/A | N/A | N/A | N/A |
| Corcoran | N/A | N/A | N/A | N/A | N/A |
| Crystal | N/A | N/A | N/A | N/A | N/A |
| Golden Valley | N/A | N/A | N/A | N/A | N/A |
| Medicine Lake | N/A | N/A | N/A | N/A | N/A |
| Medina | N/A | N/A | N/A | N/A | N/A |
| Plymouth | N/A | N/A | N/A | N/A | N/A |
| Shorewood | N/A | N/A | N/A | N/A | N/A |
| St Louis Park | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell