International Falls, Koochiching County, Minnesota Property Taxes

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

Median INTERNATIONAL FALLS, MN effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median INTERNATIONAL FALLS, MN home value: $103,300
Median annual INTERNATIONAL FALLS, MN tax bill: $820, $1,580 lower than the national median property tax bill of $2,400.

How are property taxes in Koochiching County calculated?

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

Last Updated March 1, 2025

International Falls, Koochiching County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$868

$805

Ownwell’s International Falls Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in International Falls with just two data points. By entering your property's estimated assessed value, our calculator applies International Falls’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Koochiching 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 Koochiching County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across International Falls, Koochiching County, Minnesota

Local government entities set tax rates, which can vary widely within a state. This is because 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 International Falls’ effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.

Property Tax Rates Across International Falls, Koochiching County, Minnesota

Source: Ownwell

0.51%

0.72%

0.93%

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 International Falls Tax Rate

0.84%

Median Effective Koochiching County Tax Rate

0.72%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across International Falls, Koochiching County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56649	0.45%	0.54%	0.84%	1.10%	1.35%

Source: Ownwell

Property Tax Assessment Values Across International Falls, Koochiching County, Minnesota

When examining property taxes in International Falls, 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 Koochiching 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 Koochiching 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 International Falls. For example, the median home price in International Falls is $103,300, with tax bills ranging significantly across the county. 56649 has the highest median home price at $103,300.

Property Tax Assessment Values Across International Falls, Koochiching County, Minnesota

Source: Ownwell

$42,200

$72,750

$103,300

Median International Falls Market Value

$103,300

Median Koochiching County Market Value

$92,700

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across International Falls, Koochiching County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56649	$28,560	$52,000	$103,300	$195,600	$362,300

Source: Ownwell

Property Tax Bills Across International Falls, Koochiching County, Minnesota

In International Falls, located in Koochiching County, MN, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in this area is $103,300, contributing to a median property tax bill that is significantly lower than the national median of $2,400. Factors influencing the tax bill include the property's assessed value, local government budgets, and tax rates. Homeowners in International Falls might find their tax bills ranging from $501 at the 25th percentile to $2,352 at the 90th percentile, which reflects the variability based on property valuation and local tax rates.

Ownwell assists homeowners by providing property tax appeal and exemption services, potentially reducing their tax burden. By leveraging expertise in local tax laws and assessment practices, Ownwell helps ensure that homeowners are not overpaying on their property tax bills. This can lead to significant savings, especially in areas where tax assessments might not accurately reflect market values.

Property Tax Bills Across International Falls, Koochiching County, Minnesota

Source: Ownwell

$208

$540

$872

Median International Falls Tax Bill

$820

Median Koochiching County Tax Bill

$689

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across International Falls, Koochiching County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56649	$292	$501	$820	$1,442	$2,352

Source: Ownwell