Belgrade, Stearns County, Minnesota Property Taxes
Median Belgrade, MN effective property tax rate: 0.85%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Belgrade, MN home value: $225,500
Median annual Belgrade, MN tax bill: $1,896, $504 lower than the national median property tax bill of $2,400.
How are property taxes in Stearns calculated?
Property taxes in Belgrade, 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 Belgrade’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Belgrade, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Belgrade, Stearns County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.85%
Estimate Property Tax Bill
$1,917
$1,779
Property Tax Rates Across Belgrade, Stearns 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. Although votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
Comparing Belgrade's effective property tax rate to other cities in Minnesota reveals how it aligns with the state's median rate of 0.85%. This figure is lower than the national median property tax rate of 1.02%. Despite the uniformity in Minnesota's rate, Belgrade's residents benefit from property taxes that are generally below the national average. This can translate into significant savings for property owners in the area.
Understanding these rates is crucial for homeowners aiming to optimize their property tax payments. By being aware of how Belgrade's rates compare locally and nationally, residents can make informed decisions about potential tax appeals or exemptions, ensuring they aren't overpaying on their property taxes.
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 Belgrade Tax Rate
0.85%
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 Stearns County Tax Rate
1.08%
Median Effective Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Belgrade, Stearns County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56312 | 0.28% | 0.44% | 0.85% | 1.17% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Belgrade, Stearns County, Minnesota
When examining property taxes in Belgrade, 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 Stearns 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 Stearns 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 Belgrade. For example, the median home price in Belgrade is $225,500, with tax bills ranging significantly across the county. Zip code 56312 has the highest median home price at $225,500.
Property Tax Assessment Values Across Belgrade, Stearns County, Minnesota
Source: Ownwell
$142,600
$318,350
$494,100
Median Belgrade Market Value
$225,500
Median Stearns County Market Value
$269,100
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Belgrade, Stearns County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56312 | $77,380 | $126,750 | $225,500 | $450,500 | $1,160,140 |
Source: Ownwell
Property Tax Bills Across Belgrade, Stearns County, Minnesota
Median Belgrade Tax Bill
$1,896
Median Stearns County Tax Bill
$2,818
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Belgrade, Stearns County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56312 | $702 | $1,181 | $1,896 | $2,958 | $4,258 |
Source: Ownwell