Hugo, Washington County, Minnesota Property Taxes

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

Median Hugo, MN effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Hugo, MN home value: $365,200
Median annual Hugo, MN tax bill: $4,034, $1,634 higher than the national median property tax bill of $2,400.

How are property taxes in Washington County calculated?

Property taxes in Hugo, 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 Hugo’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hugo, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Hugo, Washington County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.14%

Estimate Property Tax Bill

$4,163

$3,863

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

Property Tax Rates Across Hugo, Washington County, Minnesota

Local government entities are responsible for setting property tax rates, and these can vary significantly within a state. This variation arises because each county, such as 27163 in Minnesota, calculates its required budget for public services annually. They then divide this budget by the total value of all taxable property within their area to determine the property tax rate. Although votes and legislation play a role, this is essentially the yearly process for setting these rates. In Hugo, located in Washington County, the effective property tax rate is a reflection of this procedure. For comparison, Hugo's property tax rate can be set against other cities in Minnesota, as well as the state's median property tax rate and the national median. While Minnesota's median property tax rate is slightly higher than the national median of 1.02%, it's important to consider that these rates are designed to fund essential services that benefit the community.

Property Tax Rates Across Hugo, Washington County, Minnesota

Source: Ownwell

0.79%

1.09%

1.38%

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 Hugo Tax Rate

1.14%

Median Effective Washington County Tax Rate

1.12%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hugo, Washington County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55038	0.97%	1.09%	1.14%	1.15%	1.19%

Source: Ownwell

Property Tax Assessment Values Across Hugo, Washington County, Minnesota

When examining property taxes in Hugo, 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. Washington County 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 Washington 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 Hugo.

For example, the median home price in Hugo is $365,200, with tax bills ranging significantly across the county. Zip code 55038 has the highest median home price at $365,200.

Property Tax Assessment Values Across Hugo, Washington County, Minnesota

Source: Ownwell

$12,550

$304,075

$595,600

Median Hugo Market Value

$365,200

Median Washington County Market Value

$376,100

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hugo, Washington County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55038	$219,000	$258,400	$365,200	$481,500	$580,400

Source: Ownwell

Property Tax Bills Across Hugo, Washington County, Minnesota

In Hugo, Washington County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to calculate the property tax bill. The median home price in the area is $365,200, resulting in a tax bill around $3,734, which is higher than the national median property tax bill of $2,400. Homeowners in Hugo face a range of property tax bills, with the 25th percentile at $2,890 and the 90th percentile reaching $6,574. These variations depend on factors such as property size, location, and improvements.

Ownwell assists homeowners in reducing their property tax bills by identifying potential savings through appeals and exemptions. Our team of experts reviews assessed values and ensures they reflect true market conditions, helping homeowners achieve fairer tax assessments. By leveraging Ownwell’s services, homeowners can potentially lower their tax liability, ensuring they pay only what is necessary.

Property Tax Bills Across Hugo, Washington County, Minnesota

Source: Ownwell

$177

$2,914

$5,650

Median Hugo Tax Bill

$4,034

Median Washington County Tax Bill

$4,148

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Hugo, Washington County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55038	$2,412	$2,890	$4,034	$5,292	$6,574

Source: Ownwell