Nobles County Property Taxes
The median property tax rate in Nobles County is 1.00%, 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 $169,800 in Nobles County, the typical annual property tax bill is approximately $1,588, significantly below the national median of $2,690. Property taxes in Nobles County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Nobles 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 Worthington or another part of Nobles County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nobles County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$1,698
Ownwell’s Nobles County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Nobles County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Nobles 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 Nobles County, Minnesota
Property taxes in Nobles County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Nobles County is 1.00%, which is higher than the U.S. national median of 0.99%. Local government entities within Nobles County set these rates annually, and they can vary significantly between different areas within the county. Each year, Nobles 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 Nobles County's effective property tax rate with other counties in Minnesota and the national median. For comparison, the city of Ellsworth has one of the higher property tax rates in Minnesota at 1.31%, while the city of Chandler boasts one of the lowest at 0.42%. Analyzing how Nobles County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Nobles County Tax Rate
1.00%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nobles County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Adrian | 0.77% | 1.10% | 1.24% | 1.31% | 1.42% |
| Bigelow | 0.56% | 0.70% | 0.81% | 1.00% | 1.12% |
| Brewster | 0.72% | 0.82% | 0.94% | 1.03% | 1.07% |
| Chandler | 0.42% | 0.42% | 0.42% | 0.42% | 0.42% |
| Dundee | 0.70% | 0.87% | 1.10% | 1.50% | 1.61% |
| Edgerton | 0.55% | 0.60% | 0.65% | 0.68% | 0.86% |
| Ellsworth | 0.97% | 1.22% | 1.31% | 1.73% | 1.81% |
| Fulda | 0.67% | 0.76% | 0.83% | 1.05% | 1.52% |
| Heron Lake | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% |
| Iona | 0.62% | 0.66% | 0.73% | 0.80% | 0.84% |
| Kenneth | 0.47% | 0.55% | 0.57% | 0.69% | 0.70% |
| Leota | 0.54% | 0.57% | 0.62% | 0.68% | 0.84% |
| Lismore | 0.81% | 1.00% | 1.19% | 1.41% | 1.51% |
| Magnolia | 0.52% | 0.55% | 0.62% | 0.72% | 0.92% |
| Reading | 0.47% | 0.52% | 0.59% | 0.65% | 0.79% |
| Round Lake | 0.93% | 1.09% | 1.23% | 1.44% | 1.50% |
| Rushmore | 0.60% | 0.86% | 1.15% | 1.36% | 1.44% |
| Wilmont | 0.66% | 0.72% | 0.91% | 1.11% | 1.22% |
| Worthington | 0.70% | 0.86% | 0.99% | 1.07% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Nobles County, Minnesota
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Nobles County, Minnesota. 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 Nobles 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 Nobles 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. Nobles County homeowners pay a median property tax bill of $1,698, with the highest median tax bill in Heron Lake at $2,784 and the lowest in Dundee at $499. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Nobles County, Minnesota
Source: Ownwell
$45,000
$195,900
$346,800
Average Nobles County Assessed Value
$169,800
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Nobles County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Adrian | $72,860 | $118,900 | $177,300 | $256,300 | $367,180 |
| Bigelow | $19,910 | $49,100 | $94,150 | $155,575 | $299,000 |
| Brewster | $12,680 | $90,125 | $156,200 | $224,400 | $327,680 |
| Chandler | $291,800 | $291,800 | $291,800 | $291,800 | $291,800 |
| Dundee | $2,800 | $6,850 | $45,000 | $109,800 | $303,320 |
| Edgerton | $68,600 | $84,575 | $155,300 | $255,100 | $331,450 |
| Ellsworth | $18,000 | $52,200 | $86,400 | $122,000 | $168,900 |
| Fulda | $2,000 | $10,050 | $154,400 | $291,850 | $456,900 |
| Heron Lake | $346,800 | $346,800 | $346,800 | $346,800 | $346,800 |
| Iona | $95,850 | $116,625 | $151,250 | $185,875 | $206,650 |
| Kenneth | $120,460 | $137,150 | $156,000 | $252,000 | $297,420 |
| Leota | $19,720 | $51,600 | $99,200 | $152,550 | $195,680 |
| Lismore | $7,940 | $35,650 | $94,950 | $164,025 | $233,520 |
| Magnolia | $133,390 | $138,925 | $159,650 | $229,300 | $326,860 |
| Reading | $48,460 | $117,550 | $170,000 | $273,100 | $405,300 |
| Round Lake | $8,240 | $52,925 | $81,350 | $110,275 | $155,640 |
| Rushmore | $34,620 | $88,000 | $145,200 | $209,300 | $302,120 |
| Wilmont | $16,410 | $67,750 | $118,850 | $209,000 | $291,770 |
| Worthington | $88,700 | $133,650 | $197,700 | $279,350 | $378,940 |
Source: Ownwell
Property Tax Bills Across Nobles County, Minnesota
In Nobles 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 tax bill. Factors such as property location, size, and market value influence the assessed value. For example, the median home price in Nobles County is $169,800, which significantly impacts the overall tax bill. Homeowners in this county see a wide range of tax bills. At the 25th percentile, the tax bill is around $970, while at the 75th percentile, it rises to $2,514. The top 10% of tax bills can reach up to $3,570. These variations reflect differences in property values and local tax rates. For instance, Heron Lake has the highest median tax bill at $2,784, whereas Dundee has the lowest at $499. Compared to the national median property tax rate of 0.99%, the tax rates in Nobles County can present both a burden and a benefit, depending on specific property values and locations.
Average Nobles County Tax Bill
$1,588
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Nobles County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Adrian | $747 | $1,332 | $2,064 | $2,966 | $4,372 |
| Bigelow | $169 | $374 | $734 | $1,359 | $2,253 |
| Brewster | $125 | $816 | $1,401 | $2,067 | $2,741 |
| Chandler | $1,220 | $1,220 | $1,220 | $1,220 | $1,220 |
| Dundee | $27 | $80 | $499 | $1,072 | $2,694 |
| Edgerton | $497 | $652 | $1,381 | $1,706 | $2,100 |
| Ellsworth | $342 | $678 | $1,104 | $1,652 | $2,370 |
| Fulda | $24 | $124 | $1,182 | $2,058 | $2,972 |
| Heron Lake | $2,784 | $2,784 | $2,784 | $2,784 | $2,784 |
| Iona | $769 | $860 | $1,011 | $1,162 | $1,253 |
| Kenneth | $570 | $765 | $1,068 | $1,570 | $2,002 |
| Leota | $146 | $355 | $662 | $1,059 | $1,418 |
| Lismore | $111 | $459 | $954 | $1,698 | $2,756 |
| Magnolia | $684 | $832 | $1,290 | $1,620 | $2,528 |
| Reading | $148 | $609 | $958 | $1,903 | $2,782 |
| Round Lake | $116 | $583 | $934 | $1,430 | $2,014 |
| Rushmore | $407 | $875 | $1,400 | $2,286 | $3,146 |
| Wilmont | $175 | $526 | $986 | $1,882 | $3,094 |
| Worthington | $767 | $1,196 | $1,824 | $2,752 | $3,830 |
Source: Ownwell