Mille Lacs County, Minnesota Property Taxes

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

Median Mille Lacs County effective property tax rate: 1.02%, aligning with the national median of 1.02%.
Median Mille Lacs County home value: $240,400
Median annual Mille Lacs County tax bill: $2,562, $162 higher than the national median property tax bill of $2,400.

How are property taxes in Mille Lacs County calculated?

Property taxes in Mille Lacs 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 Princeton or another part of Mille Lacs County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Mille Lacs County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.02%

Estimate Property Tax Bill

$2,452

$2,275

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

Property Tax Rates Across Mille Lacs County, Minnesota

Local government entities set tax rates, which can vary widely within a state. 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 Mille Lacs County's effective property tax rate to other counties in Minnesota or the U.S. median property tax rate.

Property Tax Rates Across Mille Lacs County, Minnesota

Source: Ownwell

0.91%

1.03%

1.15%

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 Mille Lacs County Tax Rate

1.02%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mille Lacs County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bock	0.85%	0.94%	1.02%	1.19%	1.33%
Foreston	0.61%	0.83%	0.95%	1.14%	1.23%
Garrison	0.82%	0.98%	1.05%	1.10%	1.19%
Isle	0.76%	0.92%	0.99%	1.25%	1.40%
Milaca	0.68%	0.88%	1.04%	1.22%	1.32%
Oak Park	0.64%	0.85%	0.98%	1.04%	1.09%
Ogilvie	0.63%	0.82%	1.02%	1.16%	1.28%
Onamia	0.63%	0.78%	0.91%	0.98%	1.23%
Pease	0.88%	0.96%	1.04%	1.10%	1.15%
Princeton	0.87%	1.02%	1.15%	1.40%	1.45%
Wahkon	0.75%	0.89%	0.96%	1.16%	1.26%
Foley	N/A	N/A	N/A	N/A	N/A
Hillman	N/A	N/A	N/A	N/A	N/A
Mora	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Mille Lacs County, Minnesota

When examining property taxes in Mille Lacs 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 Mille Lacs 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 Mille Lacs 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 Mille Lacs County. For example, the median tax bill in Mille Lacs County is $2,400, with tax bills ranging significantly across the county. Oak Park has the highest median home price at $310,550.

Property Tax Assessment Values Across Mille Lacs County, Minnesota

Source: Ownwell

$77,800

$194,175

$310,550

Median Mille Lacs County Market Value

$240,400

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mille Lacs County, Minnesota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bock	$47,010	$104,175	$135,850	$173,650	$226,740
Foreston	$135,720	$196,700	$285,850	$376,725	$488,220
Garrison	$13,480	$23,475	$77,800	$228,900	$399,740
Isle	$63,400	$135,200	$232,000	$345,300	$465,200
Milaca	$117,080	$181,150	$259,300	$364,200	$469,720
Oak Park	$177,480	$233,725	$310,550	$413,500	$563,680
Ogilvie	$67,700	$160,600	$240,350	$336,150	$429,110
Onamia	$59,500	$130,600	$222,650	$330,150	$448,210
Pease	$116,740	$142,850	$176,100	$226,400	$237,990
Princeton	$146,240	$205,925	$255,750	$333,700	$444,270
Wahkon	$43,220	$94,500	$206,300	$335,800	$458,860
Foley	N/A	N/A	N/A	N/A	N/A
Hillman	N/A	N/A	N/A	N/A	N/A
Mora	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Mille Lacs County, Minnesota

In Mille Lacs County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as property improvements and changes in market conditions can influence the assessed value. The median home price in Mille Lacs County is $240,400, which means the property tax bill can vary significantly across different properties. Homeowners in the 25th percentile face tax bills around $1,464, while those in the 75th percentile see bills closer to $3,530. For those in the 90th percentile, tax bills can reach up to $4,600. These figures highlight the variability in tax burdens across the county. Comparatively, the national median property tax bill is $2,400 with a rate of 1.02%, indicating that Mille Lacs County homeowners may experience a range of tax obligations, depending on their property's assessed value and location within the county.

Property Tax Bills Across Mille Lacs County, Minnesota

Source: Ownwell

$854

$2,006

$3,158

Median Mille Lacs County Tax Bill

$2,562

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Mille Lacs County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bock	$544	$949	$1,514	$1,860	$2,680
Foreston	$992	$1,830	$2,592	$3,602	$4,454
Garrison	$132	$254	$854	$2,332	$4,128
Isle	$449	$1,262	$2,442	$3,716	$5,029
Milaca	$944	$1,862	$2,668	$3,570	$4,596
Oak Park	$1,267	$2,106	$2,785	$3,940	$4,918
Ogilvie	$607	$1,243	$2,178	$3,262	$4,702
Onamia	$431	$1,102	$1,940	$2,952	$3,984
Pease	$906	$1,361	$1,761	$2,212	$2,624
Princeton	$1,226	$2,430	$3,158	$3,844	$4,653
Wahkon	$355	$726	$1,963	$3,337	$5,060
Foley	N/A	N/A	N/A	N/A	N/A
Hillman	N/A	N/A	N/A	N/A	N/A
Mora	N/A	N/A	N/A	N/A	N/A

Source: Ownwell