Arlington, Minnesota Property Taxes
The median property tax rate in Arlington, MN is 1.05%, 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 $249,500 in Arlington, the typical annual property tax bill amounts to $2,336, which is below the national median of $2,690. Property taxes in Arlington are based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Arlington's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Arlington or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arlington, Minnesota Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$2,220
Ownwell’s Arlington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arlington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arlington to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Arlington, Minnesota
Property taxes in Arlington, Minnesota, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arlington is 1.05%, significantly higher than the U.S. national median of 0.99%. Local government entities within Arlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arlington estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Arlington's effective property tax rate to other counties in Minnesota and the national median. For comparison, the zip code 55307 has the highest median property tax rate of 1.05%, while the lowest median tax rate is also 1.05% in the same zip code. Understanding how these cities compare with Arlington provides valuable insights into the varying tax landscape across Sibley County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arlington Tax Rate
1.05%
Average Sibley County Tax Rate
0.81%
Average Minnesota Tax Rate
1.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arlington, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55307 | 0.29% | 0.52% | 1.05% | 1.25% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Arlington, Minnesota
In Arlington, Minnesota, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Sibley County Appraisal District for tax purposes. In contrast, the assessed value 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. In Arlington, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Arlington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,336, found in the 55307 zip code, reflecting a consistent tax rate across the locality.
Average Arlington Assessed Value
$249,500
Average Sibley County Assessed Value
$273,200
Average Minnesota Assessed Value
$290,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arlington, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55307 | $101,340 | $168,650 | $249,500 | $399,000 | $782,280 |
Source: Ownwell
Property Tax Bills Across Arlington, Minnesota
In Arlington, located in Sibley County, MN, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor, who evaluates the market value of the property. Once the market value is established, it is multiplied by the local tax rate to determine the annual tax bill. For homeowners in Arlington, the median home price is $249,500. Comparing this to the national median property tax rate of 0.99%, Arlington's property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $1,532, while at the 75th percentile, it rises to $3,260. The 90th percentile tax bill can reach up to $4,352. This variability means that homeowners with higher-valued properties will pay more in property taxes, impacting their annual expenses. Understanding these factors can help homeowners better anticipate their financial obligations and plan accordingly.
Average Arlington Tax Bill
$2,336
Average Sibley County Tax Bill
$2,314
Average Minnesota Tax Bill
$3,182
Average United States Tax Bill
$2,690
Property Tax Bills Across Arlington, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55307 | $524 | $1,532 | $2,336 | $3,260 | $4,352 |
Source: Ownwell