Morrison County Property Taxes
The median property tax rate in Morrison County is 0.85%, which is lower than both the national median of 0.99% and the Minnesota state median of 1.11%. With a median home value of $210,400 in Morrison County, the typical annual property tax bill amounts to $1,722, significantly less than the national median of $2,690. Property taxes in Morrison County are calculated based on the tax assessed value, which is generally lower than the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Morrison 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 Little Falls or another part of Morrison County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Morrison 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 Morrison County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Morrison County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Morrison 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 Morrison County, Minnesota
Property taxes in Morrison County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Morrison County is 0.85%, which is lower than the U.S. national median of 0.99%. Local government entities within Morrison County set these rates annually, and they can vary significantly between different areas within the county. Each year, Morrison 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 Morrison County's effective property tax rate with other counties in Minnesota and the national median. For comparison, the city of Upsala has one of the higher property tax rates in Minnesota at 1.44%, while the city of Long Prairie boasts one of the lowest at 0.53%. Analyzing how Morrison County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Morrison County Tax Rate
0.85%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Morrison County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Albany | 0.26% | 0.30% | 0.32% | 0.40% | 0.67% |
| Bowlus | 0.29% | 0.48% | 0.79% | 0.97% | 1.17% |
| Burtrum | 0.41% | 0.62% | 0.81% | 0.91% | 1.01% |
| Cushing | 0.58% | 0.75% | 0.80% | 0.91% | 0.97% |
| Flensburg | 0.61% | 0.84% | 0.95% | 1.14% | 1.37% |
| Foley | 0.32% | 0.56% | 0.76% | 0.87% | 0.95% |
| Fort Ripley | 0.25% | 0.43% | 0.70% | 0.81% | 0.87% |
| Freeport | 0.19% | 0.28% | 0.30% | 0.35% | 0.40% |
| Grey Eagle | 0.19% | 0.32% | 0.56% | 0.80% | 0.91% |
| Hillman | 0.37% | 0.57% | 0.78% | 0.87% | 0.92% |
| Holdingford | 0.31% | 0.49% | 0.75% | 0.95% | 1.47% |
| Lastrup | 0.62% | 0.81% | 1.07% | 1.12% | 1.20% |
| Little Falls | 0.47% | 0.75% | 0.97% | 1.24% | 1.43% |
| Long Prairie | 0.25% | 0.29% | 0.53% | 0.80% | 0.90% |
| Milaca | 0.59% | 0.64% | 0.74% | 0.99% | 1.00% |
| Motley | 0.69% | 0.85% | 0.96% | 1.12% | 1.51% |
| Onamia | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% |
| Pierz | 0.32% | 0.54% | 0.82% | 0.97% | 1.12% |
| Pillager | 0.52% | 0.63% | 0.70% | 0.78% | 0.80% |
| Randall | 0.48% | 0.69% | 0.78% | 0.81% | 0.91% |
| Rice | 0.58% | 0.67% | 0.80% | 0.88% | 0.90% |
| Royalton | 0.40% | 0.68% | 0.92% | 1.08% | 1.19% |
| Swanville | 0.31% | 0.50% | 0.82% | 1.07% | 1.38% |
| Upsala | 1.14% | 1.28% | 1.44% | 1.61% | 1.82% |
Source: Ownwell
Property Tax Assessment Values Across Morrison County, Minnesota
In Morrison 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 Morrison 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 Morrison 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. For instance, Royalton has the highest median tax bill at $2,452, while Randall has the lowest at $308. Being aware of these valuation processes in Morrison 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 Morrison County, Minnesota
Source: Ownwell
$46,900
$294,350
$541,800
Average Morrison County Assessed Value
$210,400
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Morrison County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Albany | $280,910 | $353,000 | $441,350 | $557,750 | $624,770 |
| Bowlus | $79,700 | $149,500 | $266,700 | $442,100 | $566,400 |
| Burtrum | $56,640 | $178,500 | $302,700 | $433,900 | $586,320 |
| Cushing | $4,100 | $38,500 | $227,900 | $426,200 | $625,500 |
| Flensburg | $35,520 | $91,225 | $121,400 | $148,400 | $196,780 |
| Foley | $109,400 | $165,100 | $247,100 | $344,150 | $446,020 |
| Fort Ripley | $115,930 | $192,700 | $301,950 | $422,250 | $570,780 |
| Freeport | $388,750 | $477,050 | $541,800 | $587,500 | $724,050 |
| Grey Eagle | $144,900 | $293,850 | $380,600 | $457,000 | $587,320 |
| Hillman | $34,780 | $108,325 | $228,400 | $336,800 | $462,380 |
| Holdingford | $160,720 | $255,300 | $342,650 | $424,200 | $530,130 |
| Lastrup | $37,020 | $67,300 | $96,000 | $104,400 | $119,740 |
| Little Falls | $87,070 | $139,800 | $211,400 | $311,000 | $425,800 |
| Long Prairie | $101,520 | $150,525 | $210,350 | $413,975 | $668,910 |
| Milaca | $140,760 | $202,300 | $275,550 | $307,500 | $328,510 |
| Motley | $4,700 | $11,700 | $107,300 | $244,300 | $387,150 |
| Onamia | $256,700 | $256,700 | $256,700 | $256,700 | $256,700 |
| Pierz | $94,730 | $163,400 | $253,100 | $380,525 | $562,170 |
| Pillager | $27,200 | $50,800 | $199,600 | $294,000 | $385,700 |
| Randall | $2,680 | $4,000 | $46,900 | $196,150 | $324,200 |
| Rice | $167,060 | $233,450 | $255,800 | $364,050 | $397,420 |
| Royalton | $116,920 | $198,400 | $283,200 | $405,600 | $558,100 |
| Swanville | $74,690 | $130,850 | $228,150 | $364,200 | $509,220 |
| Upsala | $28,900 | $107,800 | $151,200 | $199,600 | $295,600 |
Source: Ownwell
Property Tax Bills Across Morrison County, Minnesota
In Morrison County, MN, property tax bills are determined based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the final tax bill. Several factors influence this calculation, including the property's market value, any applicable exemptions, and the specific tax rates set by local taxing authorities. Homeowners in Morrison County experience varying tax bills. For instance, the 25th percentile tax bill is $810, while the 75th percentile reaches $2,716. At the high end, the 90th percentile tax bill is $3,751. These figures highlight the range of property tax burdens within the county. In comparison, the national median property tax rate is 0.99%, which provides a benchmark for evaluating local tax rates. The tax burden can significantly impact homeowners, influencing decisions about property purchases and long-term financial planning. For example, in Royalton, the highest median tax bill is $2,452, whereas in Randall, it drops to $308, reflecting the diversity in tax obligations across different areas within the county.
Average Morrison County Tax Bill
$1,722
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Morrison County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Albany | $991 | $1,256 | $1,618 | $2,186 | $2,390 |
| Bowlus | $462 | $976 | $1,710 | $2,664 | $3,698 |
| Burtrum | $536 | $1,153 | $2,106 | $3,160 | $3,842 |
| Cushing | $34 | $314 | $1,713 | $3,422 | $5,008 |
| Flensburg | $284 | $716 | $1,240 | $1,447 | $1,942 |
| Foley | $582 | $1,126 | $1,522 | $2,385 | $2,981 |
| Fort Ripley | $543 | $1,188 | $1,740 | $2,710 | $3,338 |
| Freeport | $751 | $998 | $1,593 | $2,407 | $2,583 |
| Grey Eagle | $415 | $438 | $1,527 | $2,647 | $2,724 |
| Hillman | $259 | $680 | $1,439 | $2,304 | $3,185 |
| Holdingford | $863 | $1,666 | $2,330 | $3,334 | $4,243 |
| Lastrup | $199 | $364 | $1,044 | $1,161 | $1,445 |
| Little Falls | $646 | $1,280 | $1,964 | $2,870 | $3,782 |
| Long Prairie | $287 | $684 | $1,493 | $1,848 | $3,111 |
| Milaca | $867 | $1,420 | $2,160 | $2,608 | $2,981 |
| Motley | $48 | $130 | $1,058 | $2,336 | $3,737 |
| Onamia | $2,304 | $2,304 | $2,304 | $2,304 | $2,304 |
| Pierz | $558 | $1,163 | $1,871 | $2,709 | $3,552 |
| Pillager | $220 | $322 | $1,223 | $2,013 | $2,795 |
| Randall | $22 | $32 | $308 | $1,362 | $2,144 |
| Rice | $1,129 | $1,567 | $2,024 | $3,218 | $3,597 |
| Royalton | $812 | $1,612 | $2,452 | $3,400 | $4,322 |
| Swanville | $530 | $1,054 | $1,706 | $2,490 | $3,286 |
| Upsala | $506 | $1,490 | $2,101 | $2,994 | $4,083 |
Source: Ownwell