Jackson County Property Taxes
The median property tax rate in Jackson County is 1.05%, which is slightly higher than the national median of 0.99% but lower than Minnesota's state median of 1.11%. With a median home value of $145,950 in Jackson County, the typical annual property tax bill is around $1,463, considerably below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the actual market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Jackson County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in the city of Jackson or another part of Jackson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jackson County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$2,220
Ownwell’s Jackson Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Jackson with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Jackson to estimate your property tax bill. This tool provides valuable insights into your potential tax liabilities. For those interested in more localized trends, you can explore city-level data by navigating further down the page. Your property’s assessed value is determined by the county and includes any applicable exemptions, making it crucial for accurate property tax calculations.
Property Tax Rates Across Jackson County, Minnesota
Property taxes in Jackson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Jackson County is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within Jackson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Jackson County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Jackson County's effective property tax rate with other counties in Minnesota and the national median. For comparison, the city of Okabena has one of the higher property tax rates in Minnesota at 1.44%, while the city of Odin boasts one of the lowest at 0.48%. Analyzing how Jackson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Jackson County Tax Rate
1.05%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jackson County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alpha | 0.28% | 0.48% | 0.75% | 1.99% | 2.90% |
| Bingham Lake | 0.27% | 0.40% | 0.70% | 0.86% | 1.22% |
| Brewster | 0.27% | 0.32% | 0.64% | 0.95% | 1.04% |
| Dunnell | 0.41% | 0.43% | 0.48% | 0.90% | 1.15% |
| Fulda | 0.26% | 0.26% | 0.30% | 0.77% | 1.54% |
| Heron Lake | 0.34% | 0.82% | 1.13% | 1.28% | 1.39% |
| Jackson | 0.43% | 0.75% | 1.05% | 1.22% | 1.35% |
| Lakefield | 0.33% | 0.68% | 1.14% | 1.42% | 1.64% |
| Mountain Lake | 0.24% | 0.32% | 0.58% | 0.95% | 1.04% |
| Odin | 0.27% | 0.32% | 0.48% | 0.64% | 1.61% |
| Okabena | 0.56% | 0.90% | 1.44% | 1.65% | 2.00% |
| Round Lake | 0.30% | 0.50% | 0.69% | 0.98% | 1.23% |
| Wilder | 1.42% | 1.42% | 1.42% | 1.42% | 1.42% |
| Windom | 0.30% | 0.52% | 0.83% | 1.21% | 1.76% |
| Worthington | 0.30% | 0.35% | 0.78% | 0.90% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Jackson County, Minnesota
In Jackson County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Jackson County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Jackson County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Jackson County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Jackson County, Fulda has the highest median tax bill at $3,619, while Heron Lake has the lowest at $1,305.
Property Tax Assessment Values Across Jackson County, Minnesota
Source: Ownwell
$2,400
$632,325
$1,262,250
Average Jackson County Assessed Value
$145,950
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jackson County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alpha | $16,080 | $46,100 | $136,700 | $394,400 | $1,109,580 |
| Bingham Lake | $105,030 | $154,875 | $200,550 | $397,250 | $746,540 |
| Brewster | $112,380 | $162,100 | $243,100 | $881,700 | $1,344,780 |
| Dunnell | $194,040 | $281,850 | $428,200 | $737,600 | $923,240 |
| Fulda | $372,140 | $763,100 | $1,262,250 | $1,574,775 | $1,629,810 |
| Heron Lake | $36,010 | $72,525 | $127,800 | $237,800 | $669,410 |
| Jackson | $49,370 | $80,650 | $144,850 | $235,750 | $442,190 |
| Lakefield | $43,570 | $79,175 | $129,100 | $225,850 | $652,530 |
| Mountain Lake | $103,820 | $129,900 | $233,700 | $885,400 | $1,528,100 |
| Odin | $190,660 | $228,600 | $591,250 | $986,300 | $1,524,780 |
| Okabena | $22,460 | $62,550 | $112,350 | $203,925 | $745,370 |
| Round Lake | $61,360 | $132,275 | $245,450 | $595,175 | $1,171,090 |
| Wilder | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 |
| Windom | $52,970 | $133,600 | $224,300 | $436,800 | $797,390 |
| Worthington | $79,520 | $129,500 | $198,500 | $587,350 | $1,334,880 |
Source: Ownwell
Property Tax Bills Across Jackson County, Minnesota
In Jackson County, MN, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For instance, the median home price in Jackson County is $145,950. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions or deductions. Homeowners in Jackson County experience a range of tax bills, with the 25th percentile at $804, the 75th percentile at $2,364, and the 90th percentile reaching $3,649. Comparatively, the highest median tax bill in the region is $3,619 in Fulda, while the lowest is $1,305 in Heron Lake. These variations can significantly impact homeowners, affecting their annual budget and overall financial planning. Understanding these factors helps homeowners anticipate their tax obligations and manage their finances more effectively.
Average Jackson County Tax Bill
$1,463
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Jackson County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alpha | $294 | $672 | $1,352 | $2,302 | $3,765 |
| Bingham Lake | $508 | $1,008 | $1,350 | $2,452 | $3,128 |
| Brewster | $896 | $1,224 | $2,204 | $3,441 | $4,456 |
| Dunnell | $1,679 | $1,716 | $1,778 | $3,413 | $4,394 |
| Fulda | $2,611 | $3,081 | $3,619 | $4,028 | $4,266 |
| Heron Lake | $377 | $759 | $1,305 | $2,162 | $3,371 |
| Jackson | $466 | $754 | $1,435 | $2,302 | $3,403 |
| Lakefield | $476 | $820 | $1,393 | $2,198 | $3,282 |
| Mountain Lake | $826 | $1,225 | $1,953 | $3,584 | $5,732 |
| Odin | $1,868 | $2,038 | $2,301 | $2,948 | $6,429 |
| Okabena | $352 | $882 | $1,432 | $2,324 | $3,695 |
| Round Lake | $364 | $969 | $1,744 | $3,380 | $5,500 |
| Wilder | $34 | $34 | $34 | $34 | $34 |
| Windom | $453 | $1,104 | $2,006 | $2,944 | $4,297 |
| Worthington | $411 | $775 | $1,586 | $2,262 | $4,240 |
Source: Ownwell