Wadena County, Minnesota Property Taxes

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

Median Wadena County effective property tax rate: 0.94%, significantly lower than the national median of 1.02%.
Median Wadena County home value: $154,700
Median annual Wadena County tax bill: $1,464, $936 lower than the national median property tax bill of $2,400.

How are property taxes in Wadena County calculated?

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

Last Updated March 1, 2025

Wadena County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.94%

Estimate Property Tax Bill

$1,454

$1,349

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

Property Tax Rates Across Wadena 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. 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 Wadena County's effective property tax rate to other counties in Minnesota or the U.S. median property tax rate. Wadena County's median property tax rate stands at 0.94%, which is slightly below the national median of 1.02%. Interestingly, within Minnesota, Wadena City itself has the highest median tax rate of 1.08%, while Park Rapids boasts the lowest at 0.69%. This variation highlights the significant differences in property tax burdens that can exist even within a single state. For property owners in Wadena County, understanding these differences is crucial for making informed decisions about property investments and tax appeals.

Property Tax Rates Across Wadena County, Minnesota

Source: Ownwell

0.69%

0.88%

1.08%

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 Wadena County Tax Rate

0.94%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wadena County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Aldrich	0.68%	0.81%	1.06%	1.40%	1.45%
Menahga	0.66%	0.75%	0.85%	1.12%	1.39%
Park Rapids	0.59%	0.62%	0.69%	0.74%	0.78%
Sebeka	0.64%	0.78%	0.95%	1.82%	2.51%
Staples	0.71%	0.84%	0.92%	1.10%	1.24%
Verndale	0.66%	0.78%	0.89%	1.18%	1.68%
Wadena	0.76%	0.85%	1.08%	1.24%	1.40%

Source: Ownwell

Property Tax Assessment Values Across Wadena County, Minnesota

When examining property taxes in Wadena 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 Wadena 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.

Assessment notices:

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 Wadena County.

For example, the median tax bill in Wadena County is $1,864, with tax bills ranging significantly across the county. Park Rapids has the highest median home price at $224,100.

Property Tax Assessment Values Across Wadena County, Minnesota

Source: Ownwell

$58,200

$141,150

$224,100

Median Wadena County Market Value

$154,700

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wadena County, Minnesota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Aldrich	$1,260	$2,700	$58,200	$121,500	$191,440
Menahga	$25,320	$92,300	$172,600	$269,700	$369,580
Park Rapids	$88,300	$126,750	$224,100	$358,450	$473,050
Sebeka	$25,970	$64,750	$128,100	$220,900	$327,600
Staples	$21,000	$90,500	$206,100	$299,700	$389,360
Verndale	$20,800	$77,575	$146,350	$237,675	$329,250
Wadena	$18,800	$79,650	$144,600	$211,550	$290,600

Source: Ownwell

Property Tax Bills Across Wadena County, Minnesota

In Wadena County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in the county is $154,700, which serves as a baseline for determining tax obligations. The local tax rate is applied to this assessed value to calculate the tax bill. Several factors influence the final tax amount, including property location, applicable exemptions, and local government budgets. For instance, the median property tax bill in Wadena County varies significantly, with the 25th percentile at $752 and the 75th percentile reaching $2,301. Homeowners in Wadena County experience a range of tax bills, with the highest median tax bill recorded in Staples at $1,864, while Aldrich has the lowest at $518. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Wadena County presents a varied landscape for homeowners, impacting their financial planning and homeownership costs.

Property Tax Bills Across Wadena County, Minnesota

Source: Ownwell

$518

$1,191

$1,864

Median Wadena County Tax Bill

$1,464

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Wadena County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Aldrich	$18	$46	$518	$1,006	$1,960
Menahga	$282	$768	$1,570	$2,392	$3,386
Park Rapids	$608	$874	$1,526	$2,686	$3,450
Sebeka	$355	$794	$1,394	$2,176	$3,050
Staples	$148	$646	$1,864	$2,882	$3,890
Verndale	$250	$704	$1,376	$2,098	$2,905
Wadena	$165	$803	$1,430	$2,177	$2,997

Source: Ownwell