Scott County, Minnesota Property Taxes
Median Scott County effective property tax rate: 1.07%, slightly higher than the national median of 1.02%.
Median Scott County home value: $388,100
Median annual Scott County tax bill: $4,100, $1,700 higher than the national median property tax bill of $2,400.
How are property taxes in Scott County calculated?
Property taxes in Scott 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 Shakopee or another part of Scott County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Scott County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.07%
Estimate Property Tax Bill
$4,153
$3,854
Property Tax Rates Across Scott County, Minnesota
Local government entities in Minnesota set tax rates, which can vary widely within the state. This variability arises because each county annually estimates its required budget to provide essential services and divides that budget by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the core of the annual process.
Scott County's effective property tax rate is a key point of interest for property owners. Comparing Scott County's tax rate to other counties in Minnesota or the U.S. median property tax rate offers valuable insights. While the national median property tax rate stands at 1.02%, Scott County's rate is slightly higher. It's crucial for property owners in Scott County to understand how these rates impact their tax obligations. By examining the differences, property owners can gain a better understanding of their financial responsibilities and explore potential savings through property tax appeals or exemptions.
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 Scott County Tax Rate
1.07%
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 Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Scott County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belle Plaine | 0.70% | 1.32% | 1.41% | 1.46% | 1.54% |
| Elko New Market | 0.73% | 0.89% | 1.08% | 1.23% | 1.28% |
| Jordan | 0.69% | 0.82% | 1.17% | 1.24% | 1.38% |
| Lakeville | 0.73% | 0.91% | 0.96% | 1.03% | 1.10% |
| New Prague | 0.77% | 0.87% | 1.12% | 1.19% | 1.28% |
| Prior Lake | 0.81% | 0.94% | 0.99% | 1.03% | 1.10% |
| Savage | 1.03% | 1.05% | 1.10% | 1.14% | 1.18% |
| Shakopee | 1.00% | 1.06% | 1.10% | 1.12% | 1.15% |
| Webster | 0.45% | 0.77% | 0.81% | 0.86% | 0.98% |
| Henderson | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Scott County, Minnesota
When examining property taxes in Scott 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 Scott 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 Scott 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 Scott County.
For example, the median tax bill in Scott County is $3,700, with tax bills ranging significantly across the county. Lakeville has the highest median home price at $654,950.
Property Tax Assessment Values Across Scott County, Minnesota
Source: Ownwell
$302,200
$478,575
$654,950
Median Scott County Market Value
$388,100
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Scott County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belle Plaine | $203,400 | $252,950 | $302,200 | $359,750 | $532,900 |
| Elko New Market | $274,700 | $363,425 | $428,200 | $512,750 | $619,780 |
| Jordan | $141,020 | $262,400 | $369,900 | $497,100 | $671,880 |
| Lakeville | $445,150 | $532,875 | $654,950 | $793,650 | $963,450 |
| New Prague | $207,760 | $275,525 | $369,800 | $528,675 | $704,030 |
| Prior Lake | $270,500 | $339,300 | $445,050 | $619,800 | $909,900 |
| Savage | $274,900 | $326,100 | $393,100 | $484,400 | $579,600 |
| Shakopee | $224,000 | $259,900 | $342,100 | $456,500 | $573,460 |
| Webster | $450,300 | $509,700 | $591,300 | $740,300 | $898,100 |
| Henderson | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Scott County, Minnesota
In Scott County, MN, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the property's market value, which in Scott County is influenced by factors such as location, size, and condition of the property. Homeowners in Scott County experience a median tax bill that reflects the county's commitment to funding essential services like education, public safety, and infrastructure.
The median home price in Scott County stands at $388,100, and tax bills can vary significantly. For instance, the 25th percentile of tax bills is around $3,120, while the 75th percentile reaches $5,246, and the 90th percentile climbs to $6,790. Homeowners in Lakeville face the highest median tax bill at $6,150, while those in Jordan encounter the lowest at $3,700. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Scott County's figures highlight the variability in property tax burdens, impacting homeowners' financial planning and community investments.
Median Scott County Tax Bill
$4,100
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Scott County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belle Plaine | $2,386 | $3,244 | $4,086 | $4,719 | $5,529 |
| Elko New Market | $2,797 | $3,644 | $4,585 | $5,398 | $6,348 |
| Jordan | $964 | $2,690 | $3,700 | $4,818 | $5,744 |
| Lakeville | $3,648 | $4,675 | $6,150 | $7,898 | $9,568 |
| New Prague | $2,292 | $2,982 | $3,844 | $4,969 | $6,113 |
| Prior Lake | $2,380 | $3,230 | $4,256 | $5,968 | $9,190 |
| Savage | $2,810 | $3,586 | $4,330 | $5,284 | $6,436 |
| Shakopee | $2,288 | $2,752 | $3,714 | $4,904 | $6,072 |
| Webster | $2,792 | $3,736 | $4,638 | $5,824 | $6,952 |
| Henderson | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell