Browerville, Todd County, Minnesota Property Taxes
Median Browerville, MN effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Browerville, MN home value: $188,450
Median annual Browerville, MN tax bill: $1,430, $970 lower than the national median property tax bill of $2,400.
How are property taxes in Todd County calculated?
Property taxes in Browerville, 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 Browerville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Browerville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Browerville, Todd County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$1,658
$1,539
Property Tax Rates Across Browerville, Todd County, Minnesota
Local government entities set property tax rates, which can vary significantly within Minnesota. Why does this happen? Each year, counties like Todd estimate their budget requirements to provide essential services. They then divide this budget by the total value of all taxable properties within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in determining these rates and budgets, this is essentially the annual process.
Browerville in Todd County has an effective property tax rate of 0.88%, which is notably lower than the national median of 1.02%. This places Browerville in a more favorable position compared to many other cities across the country. When comparing Browerville’s rate to other cities in Minnesota, it remains competitive, offering residents a relatively low tax burden. The median property tax rate for Minnesota is 0.88%, aligning perfectly with Browerville's rate. This consistency provides residents with predictable tax expectations. Understanding these rates can help property owners make informed decisions about property investments and budgeting for annual expenses.
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 Browerville Tax Rate
0.88%
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 Todd County Tax Rate
0.88%
Median Effective Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Browerville, Todd County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56438 | 0.41% | 0.70% | 0.88% | 1.02% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Browerville, Todd County, Minnesota
When examining property taxes in Browerville, 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 Todd 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 Todd 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 Browerville. For example, the median home price in Browerville is $188,450, with tax bills ranging significantly across the county. Zip code 56438 has the highest median home price at $188,450.
Property Tax Assessment Values Across Browerville, Todd County, Minnesota
Source: Ownwell
$81,800
$204,750
$327,700
Median Browerville Market Value
$188,450
Median Todd County Market Value
$198,400
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Browerville, Todd County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56438 | $5,590 | $88,075 | $188,450 | $314,075 | $437,310 |
Source: Ownwell
Property Tax Bills Across Browerville, Todd County, Minnesota
Median Browerville Tax Bill
$1,430
Median Todd County Tax Bill
$1,544
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Browerville, Todd County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56438 | $65 | $698 | $1,430 | $2,292 | $3,222 |
Source: Ownwell