Pipestone County, Minnesota Property Taxes

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

Median Pipestone County effective property tax rate: 1.35%, significantly higher than the national median of 1.02%.
Median Pipestone County home value: $69,550
Median annual Pipestone County tax bill: $966, $1,434 lower than the national median property tax bill of $2,400.

How are property taxes in Pipestone County calculated?

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

Last Updated March 1, 2025

Pipestone County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.35%

Estimate Property Tax Bill

$939

$871

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

Property Tax Rates Across Pipestone County, Minnesota

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

Property Tax Rates Across Pipestone County, Minnesota

Source: Ownwell

1.14%

1.26%

1.38%

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 Pipestone County Tax Rate

1.35%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pipestone County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Edgerton	0.43%	0.92%	1.14%	1.20%	1.33%
Holland	N/A	N/A	N/A	N/A	N/A
Jasper	N/A	N/A	N/A	N/A	N/A
Pipestone	0.47%	1.10%	1.38%	1.55%	2.16%
Ruthton	N/A	N/A	N/A	N/A	N/A
Woodstock	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Pipestone County, Minnesota

When examining property taxes in Pipestone 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 Pipestone 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 Pipestone 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 Pipestone County.

For example, the median tax bill in Pipestone County is $1,399, with tax bills ranging significantly across the county. Edgerton has the highest median home price at $124,200.

Property Tax Assessment Values Across Pipestone County, Minnesota

Source: Ownwell

$68,000

$96,100

$124,200

Median Pipestone County Market Value

$69,550

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pipestone County, Minnesota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Edgerton	$67,080	$79,750	$124,200	$138,100	$189,500
Holland	N/A	N/A	N/A	N/A	N/A
Jasper	N/A	N/A	N/A	N/A	N/A
Pipestone	$20,120	$44,800	$68,000	$127,900	$346,560
Ruthton	N/A	N/A	N/A	N/A	N/A
Woodstock	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Pipestone County, Minnesota

In Pipestone County, Minnesota, property tax bills are calculated based on the assessed value of a home, which reflects its estimated market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Pipestone County face a range of property tax bills, with the 25th percentile at $568 and the 75th percentile reaching $1,610. The 90th percentile tax bill climbs to $3,112, indicating a significant variance based on property values and tax rates within the county.

The median property tax bill in Pipestone County stands at $996, which is considerably lower than the national median of $2,400. In Edgerton, a city within the county, the highest median tax bill is $1,399, while Pipestone city reports the lowest at $996. These tax bills impact homeowners by influencing their overall housing costs, potentially affecting their budget and financial planning. Understanding these factors is crucial for homeowners to anticipate their annual financial obligations and manage their expenses effectively.

Property Tax Bills Across Pipestone County, Minnesota

Source: Ownwell

$996

$1,198

$1,399

Median Pipestone County Tax Bill

$966

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Pipestone County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Edgerton	$306	$805	$1,399	$1,612	$1,912
Holland	N/A	N/A	N/A	N/A	N/A
Jasper	N/A	N/A	N/A	N/A	N/A
Pipestone	$245	$626	$996	$1,572	$2,735
Ruthton	N/A	N/A	N/A	N/A	N/A
Woodstock	N/A	N/A	N/A	N/A	N/A

Source: Ownwell