Watonwan County, Minnesota Property Taxes

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

Median Watonwan County effective property tax rate: 1.02%, aligning with the national median of 1.02%.
Median Watonwan County home value: $150,750
Median annual Watonwan County tax bill: $1,480, $920 lower than the national median property tax bill of $2,400.

How are property taxes in Watonwan County calculated?

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

Last Updated March 1, 2025

Watonwan County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.02%

Estimate Property Tax Bill

$1,538

$1,427

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

Property Tax Rates Across Watonwan County, Minnesota

Local government entities in Minnesota set tax rates, which can vary significantly across the state. Each year, counties like Watonwan estimate their required budget to provide essential services. They then divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. This is a simplified explanation of the annual process, which also involves votes and laws to set tax rates and budgets.

Comparing Watonwan County's effective property tax rate to others in Minnesota or to the U.S. median provides valuable insights. The national median property tax rate is 1.02%, while Watonwan County's rate can be seen alongside other counties in the state. For instance, Darfur holds the highest median tax rate in Minnesota at 1.99%, whereas Truman has the lowest at 0.60%. These comparisons highlight the diversity in property tax rates across different regions, underscoring the importance of understanding local tax obligations.

Property Tax Rates Across Watonwan County, Minnesota

Source: Ownwell

0.27%

1.13%

1.99%

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 Watonwan County Tax Rate

1.02%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Watonwan County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Butterfield	0.25%	0.43%	0.91%	1.23%	1.53%
Comfrey	0.17%	0.22%	0.27%	0.54%	0.72%
Darfur	1.77%	1.83%	1.99%	3.05%	4.99%
Hanska	N/A	N/A	N/A	N/A	N/A
La Salle	0.93%	0.99%	1.06%	1.52%	1.75%
Lewisville	0.32%	0.55%	1.05%	1.29%	1.64%
Madelia	0.45%	0.77%	1.12%	1.30%	1.48%
Mountain Lake	N/A	N/A	N/A	N/A	N/A
Odin	0.38%	0.87%	1.16%	1.37%	1.83%
Ormsby	0.48%	0.79%	0.87%	1.05%	1.25%
Saint James	0.44%	0.74%	1.00%	1.30%	1.47%
Truman	0.26%	0.43%	0.60%	0.80%	1.00%

Source: Ownwell

Property Tax Assessment Values Across Watonwan County, Minnesota

When examining property taxes in Watonwan 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 Watonwan 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 Watonwan 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 Watonwan County. For example, the median tax bill in Watonwan County is $2,400, with tax bills ranging significantly across the county. Comfrey has the highest median home price at $520,300.

Property Tax Assessment Values Across Watonwan County, Minnesota

Source: Ownwell

$35,100

$277,700

$520,300

Median Watonwan County Market Value

$150,750

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Watonwan County, Minnesota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Butterfield	$40,420	$81,125	$177,250	$396,800	$1,186,910
Comfrey	$138,400	$178,550	$520,300	$1,789,800	$2,390,040
Darfur	$3,200	$11,650	$35,100	$51,400	$69,900
Hanska	N/A	N/A	N/A	N/A	N/A
La Salle	$15,630	$57,575	$71,050	$91,000	$113,350
Lewisville	$24,820	$72,125	$133,550	$307,075	$876,920
Madelia	$47,950	$107,325	$171,250	$262,025	$435,050
Mountain Lake	N/A	N/A	N/A	N/A	N/A
Odin	$11,160	$35,950	$74,200	$131,400	$279,860
Ormsby	$31,420	$61,500	$115,300	$203,700	$1,094,200
Saint James	$47,750	$84,550	$145,750	$251,325	$469,900
Truman	$126,300	$196,000	$303,800	$547,800	$1,270,800

Source: Ownwell

Property Tax Bills Across Watonwan County, Minnesota

In Watonwan County, MN, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the county is $150,750. Homeowners can expect their property tax bills to vary widely, with the 25th percentile tax bill at $814 and the 75th percentile reaching $2,548. For those at the 90th percentile, the tax bill can climb to $3,879. Factors such as property location, size, and improvements influence the assessed value, which in turn affects the tax bill. Homeowners in Comfrey experience the highest median tax bill at $2,724, while those in Darfur enjoy the lowest at $782. Compared to the national median property tax bill of $2,400, Watonwan County's tax bills range from significantly lower to somewhat higher, impacting homeowners' financial planning. Understanding these calculations helps homeowners anticipate their tax obligations and manage their budgets accordingly.

Property Tax Bills Across Watonwan County, Minnesota

Source: Ownwell

$782

$1,753

$2,724

Median Watonwan County Tax Bill

$1,480

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Watonwan County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Butterfield	$392	$772	$1,496	$2,792	$4,126
Comfrey	$553	$1,162	$2,724	$5,049	$6,332
Darfur	$155	$486	$782	$1,122	$1,516
Hanska	N/A	N/A	N/A	N/A	N/A
La Salle	$233	$580	$846	$1,033	$1,427
Lewisville	$324	$774	$1,326	$2,142	$3,830
Madelia	$383	$1,014	$1,783	$2,684	$3,742
Mountain Lake	N/A	N/A	N/A	N/A	N/A
Odin	$72	$411	$822	$1,219	$2,406
Ormsby	$282	$584	$1,046	$1,980	$3,397
Saint James	$488	$816	$1,460	$2,500	$3,907
Truman	$658	$1,326	$2,102	$3,058	$3,994

Source: Ownwell