Fulda, Jackson County, Minnesota Property Taxes

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

Median Fulda, MN effective property tax rate: 0.30%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Fulda, MN home value: $1,262,250
Median annual Fulda, MN tax bill: $3,619, $1,219 higher than the national median property tax bill of $2,400.

How are property taxes in Jackson calculated?

Property taxes in Fulda, 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 Fulda’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fulda, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fulda, Jackson County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.3%

Estimate Property Tax Bill

$3,787

$3,514

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

Property Tax Rates Across Fulda, Jackson County, Minnesota

Local government entities in Minnesota set their own property tax rates, leading to significant variation within the state. Each year, Jackson County estimates the budget needed for public services and divides it by the total value of all taxable property in the area, resulting in the property tax rate. While votes and laws play a role in determining these rates and budgets, this process is the crux of how property taxes are set annually.

In Fulda, located in Jackson County, the effective property tax rate is notably lower than both the Minnesota state median and the national median. With a median tax rate of 0.30%, Fulda offers a more favorable property tax environment compared to the national median property tax rate of 1.02%. This lower tax rate can be particularly appealing for prospective homeowners and investors looking to benefit from reduced property tax obligations. Comparing Fulda’s effective property tax rate to other cities in Minnesota and the U.S. highlights the potential savings and advantages of residing or investing in this region.

Property Tax Rates Across Fulda, Jackson County, Minnesota

Source: Ownwell

0.48%

0.96%

1.44%

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 Fulda Tax Rate

0.30%

Median Effective Jackson County Tax Rate

1.05%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fulda, Jackson County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56131	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Fulda, Jackson County, Minnesota

When examining property taxes in Fulda, MN, 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 Jackson 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 Jackson 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 Fulda. For example, the median home price in Fulda is $1,262,250, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Fulda, Jackson County, Minnesota

Source: Ownwell

$112,350

$351,800

$591,250

Median Fulda Market Value

$1,262,250

Median Jackson County Market Value

$145,950

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fulda, Jackson County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56131	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Fulda, Jackson County, Minnesota

In Fulda, located in Jackson County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the tax bill. The median home price in Fulda is $1,262,250, which can result in varying tax bills across different percentiles. For instance, homeowners might see tax bills ranging from $3,081 at the 25th percentile to $4,266 at the 90th percentile. These figures are above the national median property tax bill of $2,400, indicating a significant financial burden on homeowners in the area. Factors such as property size, location, and improvements can influence the assessed value, thereby impacting the tax bill. Ownwell can assist homeowners in Fulda by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners potentially reduce their tax liabilities, ensuring they pay only what is fair and accurate.

Property Tax Bills Across Fulda, Jackson County, Minnesota

Source: Ownwell

$1,305

$1,803

$2,301

Median Fulda Tax Bill

$3,619

Median Jackson County Tax Bill

$1,463

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Fulda, Jackson County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56131	N/A	N/A	N/A	N/A	N/A

Source: Ownwell