Little Canada, Ramsey County, Minnesota Property Taxes

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

Median Little Canada, MN effective property tax rate: 1.38%, significantly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Little Canada, MN home value: $265,600
Median annual Little Canada, MN tax bill: $10,530, $8,130 higher than the national median property tax bill of $2,400.

How are property taxes in Ramsey calculated?

Property taxes in Little Canada, 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 Little Canada’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Little Canada, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Little Canada, Ramsey County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.38%

Estimate Property Tax Bill

$3,665

$3,401

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

Property Tax Rates Across Little Canada, Ramsey County, Minnesota

Local government entities set tax rates, which can vary widely within a state. 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.

In Little Canada, located in Ramsey County, the effective property tax rate is a reflection of this process. When compared to the median property tax rate in Minnesota, Little Canada's rate stands out. The city's tax rate is higher than the national median, which is 1.02%. This highlights the variability in property tax rates not only across the nation but also within the state itself.

Understanding these variations can provide valuable insights for property owners looking to manage their tax liabilities effectively. By comparing Little Canada's effective property tax rate to other cities in Minnesota and the median rates in the state and the U.S., property owners can better navigate their financial planning and potential savings opportunities.

Property Tax Rates Across Little Canada, Ramsey County, Minnesota

Source: Ownwell

0.98%

1.32%

1.65%

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 Little Canada Tax Rate

1.38%

Median Effective Ramsey County Tax Rate

1.37%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Little Canada, Ramsey County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55127	1.24%	1.27%	1.36%	1.37%	1.38%
55113	N/A	N/A	N/A	N/A	N/A
55117	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Little Canada, Ramsey County, Minnesota

When examining property taxes in Little Canada, 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 Ramsey 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 Ramsey 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 Little Canada.

For example, the median home price in Little Canada is $265,600, with tax bills ranging significantly across the county. Zip code 55127 has the highest median home price at $913,700.

Property Tax Assessment Values Across Little Canada, Ramsey County, Minnesota

Source: Ownwell

$108,400

$511,050

$913,700

Median Little Canada Market Value

$265,600

Median Ramsey County Market Value

$300,800

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Little Canada, Ramsey County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55127	$706,800	$847,450	$913,700	$1,021,500	$1,096,300
55113	N/A	N/A	N/A	N/A	N/A
55117	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Little Canada, Ramsey County, Minnesota

Property tax bills in Little Canada, located in Ramsey County, MN, are calculated based on the assessed value of a homeowner's property. This assessed value is a percentage of the property's market value, and local tax rates are applied to determine the final tax bill. In Little Canada, the tax bill can vary significantly, with the 25th percentile at $7,290 and the 75th percentile reaching $12,308. This is notably higher than the national median property tax bill of $2,400, which can place a financial burden on homeowners in the area. Factors such as property improvements, neighborhood developments, and changes in local government budgets can influence property assessments and tax rates, leading to fluctuations in tax bills. Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can help homeowners achieve fairer tax evaluations, ensuring they don't overpay on their property taxes.

Property Tax Bills Across Little Canada, Ramsey County, Minnesota

Source: Ownwell

$1,101

$6,808

$12,514

Median Little Canada Tax Bill

$10,530

Median Ramsey County Tax Bill

$4,166

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Little Canada, Ramsey County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55127	$8,798	$11,539	$12,308	$12,951	$14,900
55113	N/A	N/A	N/A	N/A	N/A
55117	N/A	N/A	N/A	N/A	N/A

Source: Ownwell