Aurora, St. Louis County, Minnesota Property Taxes
Median Aurora, MN effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Aurora, MN home value: $91,000
Median annual Aurora, MN tax bill: $1,268, $1,132 lower than the national median property tax bill of $2,400.
How are property taxes in St. Louis calculated?
Property taxes in Aurora, 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 Aurora’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Aurora, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Aurora, St. Louis County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.39%
Estimate Property Tax Bill
$1,265
$1,174
Ownwell’s Aurora Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Aurora with just two data points. By entering your property's estimated assessed value, our calculator applies Aurora’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 St. Louis County. For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Aurora, St. Louis County, Minnesota
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 Aurora Tax Rate
1.39%
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 St. Louis County Tax Rate
1.26%
Median Effective Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Aurora, St. Louis County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55705 | 0.79% | 1.07% | 1.39% | 2.09% | 2.56% |
Source: Ownwell
Property Tax Assessment Values Across Aurora, St. Louis County, Minnesota
When examining property taxes in Aurora, Minnesota, 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 St. Louis 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 St. Louis 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 Aurora. For example, the median home price in Aurora is $91,000, with tax bills ranging significantly across the county. Zip code 55705 has the highest median home price at $91,000.
Property Tax Assessment Values Across Aurora, St. Louis County, Minnesota
Source: Ownwell
$17,750
$139,525
$261,300
Median Aurora Market Value
$91,000
Median St. Louis County Market Value
$137,900
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Aurora, St. Louis County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55705 | $8,240 | $44,600 | $91,000 | $147,000 | $234,130 |
Source: Ownwell
Property Tax Bills Across Aurora, St. Louis County, Minnesota
In Aurora, located in St. Louis County, MN, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $91,000, homeowners in Aurora face a median property tax bill that can vary widely. The 25th percentile tax bill is $480, while the 75th percentile reaches $2,240, and the 90th percentile can go as high as $3,564. These figures illustrate the range of tax burdens that homeowners may encounter based on property values and local tax policies. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Aurora's property taxes can be significantly lower or higher, depending on specific circumstances.
Ownwell offers valuable assistance to homeowners in Aurora by appealing property tax assessments and securing exemptions where applicable. By leveraging expertise in local tax laws and assessment practices, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay their fair share. This service can lead to substantial savings, providing financial relief and peace of mind.
Median Aurora Tax Bill
$1,268
Median St. Louis County Tax Bill
$1,738
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Aurora, St. Louis County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55705 | $146 | $480 | $1,268 | $2,240 | $3,564 |
Source: Ownwell