Stillwater, Washington County, Minnesota Property Taxes

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

Median Stillwater, MN effective property tax rate: 1.05%, slightly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Stillwater, MN home value: $434,400
Median annual Stillwater, MN tax bill: $4,224, $1,824 higher than the national median property tax bill of $2,400.

How are property taxes in Washington County calculated?

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

Last Updated March 1, 2025

Stillwater, Washington County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.05%

Estimate Property Tax Bill

$4,561

$4,233

Ownwell’s Stillwater Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Stillwater with just two data points. By entering your property's estimated assessed value, our calculator applies Stillwater’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 Stillwater, Washington County, Minnesota

Local government entities determine tax rates, leading to significant variations within a state. Each year, counties estimate their budget needs for public services and divide this by the total assessed value of all taxable properties in their area. This calculation establishes the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is the core annual process. In Stillwater, located in Washington County, Minnesota, the effective property tax rate aligns with the state's median rate of 1.05%, slightly above the national median of 1.02%. This indicates a higher tax burden compared to the national average, potentially impacting property owners' finances. By understanding the local tax landscape, property owners can better navigate their financial responsibilities and explore opportunities for tax appeals or exemptions. Comparing Stillwater's property tax rate with other Minnesota cities and national figures can provide valuable insights into regional tax trends and help property owners make informed decisions.

Property Tax Rates Across Stillwater, 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 Stillwater Tax Rate

1.05%

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 Stillwater, Washington County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55082	0.73%	0.81%	1.05%	1.10%	1.17%

Source: Ownwell

Property Tax Assessment Values Across Stillwater, Washington County, Minnesota

When examining property taxes in Stillwater, Minnesota, 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 Washington 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.

In Washington 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 Stillwater. For example, the median home price in Stillwater is $434,400, with tax bills ranging significantly across the county. Zip code 55082 has the highest median home price at $434,400.

Property Tax Assessment Values Across Stillwater, Washington County, Minnesota

Source: Ownwell

$12,550

$304,075

$595,600

Median Stillwater Market Value

$434,400

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 Stillwater, Washington County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55082	$249,200	$320,150	$434,400	$590,500	$779,660

Source: Ownwell

Property Tax Bills Across Stillwater, Washington County, Minnesota

In Stillwater, Washington County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $434,400, homeowners in Stillwater face a median tax bill of $4,224, significantly higher than the national median of $2,400. Factors influencing the tax bill include property size, location, and market conditions. The tax bill can vary considerably, with the 25th percentile at $3,264 and the 90th percentile reaching $7,266, reflecting diverse property values and tax rates within the area. For homeowners, this can mean a substantial portion of their budget is dedicated to property taxes. Ownwell assists by analyzing your property tax assessment, identifying potential errors, and filing appeals to ensure you are not overpaying. By leveraging their expertise, homeowners can potentially secure significant savings on their property tax bills, making homeownership more affordable.

Property Tax Bills Across Stillwater, Washington County, Minnesota

Source: Ownwell

$177

$2,914

$5,650

Median Stillwater Tax Bill

$4,224

Median Washington County Tax Bill

$4,148

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Stillwater, Washington County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55082	$2,560	$3,264	$4,224	$5,530	$7,266

Source: Ownwell