Wabasha County, Minnesota Property Taxes

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

Median Wabasha County effective property tax rate: 1.15%, significantly higher than the national median of 1.02%.
Median Wabasha County home value: $243,600
Median annual Wabasha County tax bill: $2,658, $258 higher than the national median property tax bill of $2,400.

How are property taxes in Wabasha County calculated?

Property taxes in Wabasha 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 Lake City or another part of Wabasha County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Wabasha County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.15%

Estimate Property Tax Bill

$2,801

$2,600

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

Property Tax Rates Across Wabasha County, Minnesota

Local government entities determine property tax rates, which can vary significantly within a state. This variation is due to each county estimating its annual budget for services and dividing it by the total value of all taxable property within its borders, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the yearly process. In Wabasha County, Minnesota, the effective property tax rate stands at 1.15%, which is above the national median of 1.02%. Comparatively, Lake City within the same region has the highest median tax rate of 1.27%, whereas Rochester enjoys a lower rate of 0.62%. Understanding these differences can help property owners make informed decisions about potential tax liabilities. By comparing Wabasha County's rate to other counties in Minnesota and across the U.S., property owners can better assess their financial commitments and explore opportunities for tax appeals or exemptions.

Property Tax Rates Across Wabasha County, Minnesota

Source: Ownwell

0.62%

0.94%

1.27%

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 Wabasha County Tax Rate

1.15%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wabasha County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Altura	0.48%	0.58%	0.64%	0.69%	0.78%
Bellechester	0.84%	0.95%	1.03%	1.14%	1.18%
Elgin	0.64%	0.96%	1.13%	1.19%	1.26%
Goodhue	N/A	N/A	N/A	N/A	N/A
Hammond	0.71%	0.82%	0.93%	1.03%	1.23%
Kellogg	0.31%	0.58%	0.69%	1.20%	1.35%
Lake City	0.72%	1.00%	1.27%	1.35%	1.42%
Mazeppa	0.82%	0.94%	1.22%	1.44%	1.50%
Millville	0.32%	0.52%	0.67%	0.74%	0.86%
Minneiska	0.50%	0.62%	0.66%	0.69%	0.83%
Oronoco	0.99%	1.01%	1.10%	1.15%	1.18%
Plainview	0.48%	1.00%	1.23%	1.32%	1.37%
Reads Landing	0.55%	0.58%	0.62%	0.66%	0.70%
Rochester	0.30%	0.41%	0.62%	0.79%	0.80%
Theilman	N/A	N/A	N/A	N/A	N/A
Wabasha	0.63%	0.69%	1.08%	1.27%	1.42%
Zumbro Falls	0.43%	0.70%	0.79%	1.00%	1.18%

Source: Ownwell

Property Tax Assessment Values Across Wabasha County, Minnesota

When examining property taxes in Wabasha 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 Wabasha 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.

Assessment notices:

In Wabasha 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 Wabasha County. For example, the median tax bill in Wabasha County is $2,400, with tax bills ranging significantly across the county. Oronoco has the highest median home price at $515,200.

Property Tax Assessment Values Across Wabasha County, Minnesota

Source: Ownwell

$100,400

$307,800

$515,200

Median Wabasha County Market Value

$243,600

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wabasha County, Minnesota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Altura	$27,550	$121,475	$178,500	$330,850	$728,900
Bellechester	$125,100	$144,200	$174,450	$201,800	$239,800
Elgin	$147,770	$203,850	$266,400	$322,775	$393,020
Goodhue	N/A	N/A	N/A	N/A	N/A
Hammond	$15,000	$59,000	$100,400	$192,900	$245,760
Kellogg	$107,710	$181,075	$269,100	$435,875	$914,800
Lake City	$16,850	$173,100	$228,050	$338,675	$500,350
Mazeppa	$68,140	$164,500	$264,500	$399,000	$561,440
Millville	$110,310	$193,225	$300,550	$518,500	$1,260,230
Minneiska	$22,240	$91,950	$169,100	$219,950	$244,140
Oronoco	$384,970	$473,875	$515,200	$623,100	$698,790
Plainview	$113,700	$186,800	$245,700	$327,600	$542,280
Reads Landing	$113,490	$144,650	$191,900	$276,725	$453,020
Rochester	$264,430	$343,925	$433,350	$808,600	$1,303,730
Theilman	N/A	N/A	N/A	N/A	N/A
Wabasha	$27,520	$137,000	$224,000	$328,500	$478,540
Zumbro Falls	$162,050	$266,825	$367,150	$502,175	$766,850

Source: Ownwell

Property Tax Bills Across Wabasha County, Minnesota

In Wabasha County, MN, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor's office. This assessed value is then multiplied by the county's property tax rate to determine the annual tax bill. The median home price in Wabasha County is $243,600, and the tax bill can vary significantly depending on the property's assessed value and location within the county. For instance, homeowners in Oronoco face the highest median tax bill of $5,609, while those in Hammond enjoy a significantly lower median tax bill of $970. The property tax bills in Wabasha County range from the 25th percentile at $1,858 to the 90th percentile at $4,882, indicating a broad spectrum of tax liabilities. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Wabasha County presents a varied tax landscape. These taxes directly impact homeowners by affecting their annual expenses and overall financial planning.

Property Tax Bills Across Wabasha County, Minnesota

Source: Ownwell

$970

$3,290

$5,609

Median Wabasha County Tax Bill

$2,658

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Wabasha County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Altura	$201	$774	$1,170	$2,048	$2,971
Bellechester	$1,018	$1,384	$1,722	$1,944	$2,775
Elgin	$1,478	$2,070	$2,724	$3,334	$4,011
Goodhue	N/A	N/A	N/A	N/A	N/A
Hammond	$260	$684	$970	$1,792	$2,204
Kellogg	$884	$1,566	$2,246	$2,917	$3,950
Lake City	$1,574	$2,224	$2,900	$3,810	$5,242
Mazeppa	$1,497	$2,255	$3,127	$4,323	$5,675
Millville	$822	$1,350	$2,075	$3,051	$4,502
Minneiska	$184	$498	$1,072	$1,463	$1,649
Oronoco	$3,955	$4,841	$5,609	$6,544	$7,941
Plainview	$1,646	$2,232	$2,932	$3,793	$4,833
Reads Landing	$690	$852	$1,206	$1,794	$3,034
Rochester	$1,857	$2,570	$3,231	$3,763	$4,964
Theilman	N/A	N/A	N/A	N/A	N/A
Wabasha	$536	$1,462	$2,222	$3,163	$4,579
Zumbro Falls	$1,321	$2,184	$2,953	$3,846	$5,058

Source: Ownwell