Stevens County, Minnesota Property Taxes

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

Median Stevens County effective property tax rate: 1.24%, significantly higher than the national median of 1.02%. Median Stevens County home value: $112,900. Median annual Stevens County tax bill: $1,340, $1,060 lower than the national median property tax bill of $2,400.

How are property taxes in Stevens County calculated?

Property taxes in Stevens 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 Morris or another part of Stevens County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Stevens County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.24%

Estimate Property Tax Bill

$1,400

$1,299

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

Property Tax Rates Across Stevens County, Minnesota

Local government entities set tax rates, which can vary widely within a state. This is because annually, 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. Below, you can compare Stevens County's effective property tax rate to other counties in Minnesota or the U.S. median property tax rate.

Stevens County has a median property tax rate of 1.24%, which is above the national median of 1.02%. The highest median tax rate in the state is found in Alberta at 1.75%, while Cyrus boasts the lowest at 0.70%. This range highlights the diversity in property tax rates across the state. Understanding these differences can help you make informed decisions about property investments and appeals. Whether you're looking to lower your property tax bill or explore potential exemptions, knowing where your county stands can be a crucial first step.

Property Tax Rates Across Stevens County, Minnesota

Source: Ownwell

0.70%

1.23%

1.75%

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 Stevens County Tax Rate

1.24%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Stevens County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Alberta	0.56%	1.28%	1.75%	1.95%	2.41%
Chokio	1.18%	1.38%	1.52%	1.69%	1.90%
Cyrus	0.60%	0.64%	0.70%	0.82%	0.88%
Donnelly	0.69%	0.84%	1.09%	1.34%	1.77%
Hancock	0.88%	1.10%	1.56%	1.95%	2.26%
Herman	N/A	N/A	N/A	N/A	N/A
Hoffman	N/A	N/A	N/A	N/A	N/A
Kensington	N/A	N/A	N/A	N/A	N/A
Morris	0.80%	0.96%	1.18%	1.37%	1.59%

Source: Ownwell

Property Tax Assessment Values Across Stevens County, Minnesota

When examining property taxes in Stevens 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 Stevens County Assessor 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 Stevens 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 Stevens County. For example, the median tax bill in Stevens County is $1,546, with tax bills ranging significantly across the county. Morris has the highest median home price at $134,200.

Property Tax Assessment Values Across Stevens County, Minnesota

Source: Ownwell

$56,500

$95,350

$134,200

Median Stevens County Market Value

$112,900

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Stevens County, Minnesota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Alberta	$8,010	$30,000	$56,500	$110,550	$235,580
Chokio	$9,220	$43,000	$80,400	$115,200	$197,420
Cyrus	$3,940	$57,400	$123,300	$200,600	$271,960
Donnelly	$24,140	$46,700	$84,700	$151,800	$346,920
Hancock	$12,420	$39,475	$83,050	$152,850	$302,180
Herman	N/A	N/A	N/A	N/A	N/A
Hoffman	N/A	N/A	N/A	N/A	N/A
Kensington	N/A	N/A	N/A	N/A	N/A
Morris	$45,780	$81,850	$134,200	$219,250	$307,440

Source: Ownwell

Property Tax Bills Across Stevens County, Minnesota

Property tax bills in Stevens County, MN, are calculated based on the assessed value of a property. This assessed value is determined by the local assessor's office and is a percentage of the property's market value. The median home price in Stevens County is $112,900, which helps establish a baseline for tax calculations. Homeowners in this region face a range of property tax bills. For instance, the 25th percentile tax bill is $782, while the 75th percentile reaches $2,331, and the 90th percentile climbs to $3,531. Notably, the city of Morris within Stevens County has the highest median tax bill at $1,546, compared to the lowest in Cyrus at $816. These figures highlight the variability in tax burdens based on location and property value. With the national median property tax rate at 1.02%, homeowners in Stevens County may find their tax bills to be competitive or slightly higher, affecting their annual financial planning and housing affordability.

Property Tax Bills Across Stevens County, Minnesota

Source: Ownwell

$816

$1,181

$1,546

Median Stevens County Tax Bill

$1,340

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Stevens County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Alberta	$148	$498	$962	$1,647	$3,060
Chokio	$219	$626	$1,130	$1,738	$2,841
Cyrus	$26	$426	$816	$1,406	$1,631
Donnelly	$339	$578	$896	$1,472	$2,803
Hancock	$282	$664	$1,138	$2,207	$4,067
Herman	N/A	N/A	N/A	N/A	N/A
Hoffman	N/A	N/A	N/A	N/A	N/A
Kensington	N/A	N/A	N/A	N/A	N/A
Morris	$547	$942	$1,546	$2,526	$3,591

Source: Ownwell