Mahnomen County Property Taxes
The median property tax rate in Mahnomen County is 1.01%, which is slightly higher than the national median of 0.99% but lower than the Minnesota state median of 1.11%. With a median home value of $124,500 in Mahnomen County, the typical annual property tax bill comes to $1,156, which is well below the national median of $2,690. Property taxes in Mahnomen County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Mahnomen County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Mahnomen or another part of Mahnomen County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mahnomen 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 Mahnomen County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Mahnomen County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Mahnomen County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Mahnomen County, Minnesota
Property taxes in Mahnomen County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Mahnomen County is 1.01%, which is higher than both the Minnesota state median and the U.S. national median of 0.99%. Local government entities within Mahnomen County set these rates annually, and they can vary significantly between different areas within the county. Each year, Mahnomen 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 Mahnomen County's effective property tax rate with other counties in Minnesota and the national median. For comparison, the city of Lengby has one of the higher property tax rates in Minnesota at 1.24%, while the city of Winger boasts one of the lowest at 0.75%. Analyzing how Mahnomen County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Mahnomen County Tax Rate
1.01%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mahnomen County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bagley | 0.91% | 0.91% | 0.91% | 0.91% | 0.91% |
| Bejou | 0.66% | 0.80% | 1.09% | 1.46% | 1.82% |
| Fosston | 0.56% | 0.82% | 0.93% | 1.04% | 1.28% |
| Lengby | 0.73% | 1.00% | 1.24% | 1.26% | 1.32% |
| Mahnomen | 0.67% | 0.78% | 0.88% | 1.14% | 1.37% |
| Naytahwaush | 0.61% | 0.71% | 0.96% | 1.09% | 1.14% |
| Waubun | 0.70% | 0.85% | 1.07% | 1.28% | 1.75% |
| Winger | 0.75% | 0.75% | 0.75% | 0.82% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Mahnomen County, Minnesota
In Mahnomen 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 Mahnomen 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 Mahnomen 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. For instance, Lengby has the highest median tax bill at $2,072, while Bejou has the lowest at $652. 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 Mahnomen County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Mahnomen County, Minnesota
Source: Ownwell
$67,500
$130,500
$193,500
Average Mahnomen County Assessed Value
$124,500
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mahnomen County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bagley | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 |
| Bejou | $6,560 | $24,200 | $67,500 | $131,800 | $242,760 |
| Fosston | $47,060 | $99,250 | $163,900 | $226,100 | $428,620 |
| Lengby | $39,830 | $114,450 | $193,500 | $294,025 | $450,510 |
| Mahnomen | $39,580 | $65,875 | $112,850 | $176,475 | $256,180 |
| Naytahwaush | $45,450 | $79,325 | $161,950 | $277,200 | $548,600 |
| Waubun | $35,470 | $66,775 | $128,600 | $215,425 | $346,170 |
| Winger | $40,580 | $67,250 | $111,700 | $129,950 | $140,900 |
Source: Ownwell
Property Tax Bills Across Mahnomen County, Minnesota
In Mahnomen County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. Various factors contribute to this assessed value, including the property's market value, location, and any improvements or renovations made. Once the assessed value is established, local tax rates, which fund services such as schools, infrastructure, and emergency services, are applied to calculate the final tax bill. For homeowners in Mahnomen County, the median home price is $124,500. The property tax bill varies significantly across different percentiles. For instance, at the 25th percentile, the tax bill is $636, while at the 75th percentile, it rises to $1,993. At the 90th percentile, it can reach as high as $3,118. The highest median tax bill in the county is found in Lengby at $2,072, whereas Bejou has the lowest at $652. Compared to the national median property tax rate of 0.99%, these figures highlight the variability and potential financial impact on homeowners within the county.
Average Mahnomen County Tax Bill
$1,156
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Mahnomen County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bagley | $1,416 | $1,416 | $1,416 | $1,416 | $1,416 |
| Bejou | $102 | $378 | $652 | $1,432 | $2,443 |
| Fosston | $768 | $1,014 | $1,506 | $2,110 | $2,660 |
| Lengby | $426 | $1,108 | $2,072 | $3,306 | $4,928 |
| Mahnomen | $433 | $624 | $998 | $1,578 | $2,227 |
| Naytahwaush | $378 | $806 | $1,589 | $2,523 | $5,112 |
| Waubun | $403 | $780 | $1,317 | $2,072 | $2,999 |
| Winger | $334 | $578 | $984 | $1,051 | $1,091 |
Source: Ownwell