Villard, Pope County, Minnesota Property Taxes
- Median Villard, MN effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
- Median Villard, MN home value: $287,450
- Median annual Villard, MN tax bill: $1,635, $765 lower than the national median property tax bill of $2,400.
How are property taxes in Pope County calculated?
Property taxes in Villard, MN 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 Villard’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Villard, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Villard, Pope County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.55%
Estimate Property Tax Bill
$1,581
$1,467
Property Tax Rates Across Villard, Pope County, Minnesota
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county annually estimates the budget needed to deliver essential services and divides that figure by the total value of all taxable property within its jurisdiction. This process determines the property tax rate. Although votes and legal requirements play a role in setting these rates and budgets, this is the core of the annual procedure.
In Villard, located in Pope County, Minnesota, the effective property tax rate stands out when compared to other cities in the state and is notably lower than the national median property tax rate of 1.02%. This could be appealing for property owners looking for lower tax obligations. With Minnesota's median property tax rate being higher than Villard's, residents in this city benefit from a more favorable tax environment. Understanding these rates can be crucial for property owners looking to make informed decisions about their investments. By comparing these rates, property owners can better assess their potential tax liabilities and make strategic choices that align with their financial goals.
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 Villard Tax Rate
0.55%
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 Pope County Tax Rate
0.66%
Median Effective Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Villard, Pope County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56385 | 0.38% | 0.47% | 0.55% | 0.78% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Villard, Pope County, Minnesota
When examining property taxes in Villard, MN, 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 Pope County appraisal district 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 Pope County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Villard. For example, the median home price in Villard is $287,450, with tax bills ranging significantly across the county. Zip code 56385 has the highest median home price at $287,450.
Property Tax Assessment Values Across Villard, Pope County, Minnesota
Source: Ownwell
$142,400
$310,225
$478,050
Median Villard Market Value
$287,450
Median Pope County Market Value
$275,900
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Villard, Pope County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56385 | $91,250 | $150,425 | $287,450 | $461,325 | $723,400 |
Source: Ownwell
Property Tax Bills Across Villard, Pope County, Minnesota
Median Villard Tax Bill
$1,635
Median Pope County Tax Bill
$1,948
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Villard, Pope County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56385 | $635 | $1,060 | $1,635 | $2,474 | $3,835 |
Source: Ownwell