Wilkin County, Minnesota Property Taxes

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

Median Wilkin County effective property tax rate: 0.90%, significantly lower than the national median of 1.02%. Median Wilkin County home value: $164,600. Median annual Wilkin County tax bill: $1,424, $976 lower than the national median property tax bill of $2,400. How are property taxes in Wilkin County calculated? Property taxes in Wilkin 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 Breckenridge or another part of Wilkin County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Wilkin County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.9%

Estimate Property Tax Bill

$1,481

$1,375

Ownwell’s Wilkin County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wilkin County with just two data points.

By entering your property's estimated assessed value, our calculator applies Wilkin 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 Wilkin County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Wilkin County, Minnesota

Local government entities are responsible for setting tax rates, which can differ significantly within a state. This is because each county annually estimates the budget needed to provide essential services and divides this by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While votes and laws play a role in determining tax rates and budgets, this is essentially the annual process.

In Wilkin County, Minnesota, the effective property tax rate is a crucial figure for property owners to consider. Compared to the national median property tax rate of 1.02%, Wilkin County offers a competitive rate. Within the state, the highest median tax rate is found in Campbell at 1.02%, while the lowest is in Kent at 0.71%. These figures illustrate the variability in property tax rates across the state, emphasizing the importance of understanding local tax obligations. By being informed about these rates, property owners can better manage their financial responsibilities and potentially identify opportunities for tax savings.

Property Tax Rates Across Wilkin County, Minnesota

Source: Ownwell

0.71%

0.86%

1.02%

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 Wilkin County Tax Rate

0.90%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wilkin County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Barnesville	0.38%	0.60%	0.76%	0.83%	0.87%
Breckenridge	0.69%	0.81%	0.97%	1.09%	1.17%
Campbell	0.50%	0.74%	1.02%	1.49%	1.82%
Fairmount	N/A	N/A	N/A	N/A	N/A
Foxhome	0.34%	0.72%	0.82%	0.95%	1.34%
Kent	0.37%	0.58%	0.71%	0.84%	1.20%
Moorhead	N/A	N/A	N/A	N/A	N/A
Nashua	0.73%	0.82%	0.90%	1.04%	1.09%
Pelican Rapids	N/A	N/A	N/A	N/A	N/A
Rothsay	0.36%	0.66%	0.83%	1.34%	1.69%
Tintah	0.56%	0.62%	0.80%	0.85%	0.89%
Wolverton	0.45%	0.58%	0.72%	0.86%	1.08%

Source: Ownwell

Property Tax Assessment Values Across Wilkin County, Minnesota

When examining property taxes in Wilkin 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 Wilkin 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 Wilkin 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 Wilkin County.

For example, the median tax bill in Wilkin County is $1,490, with tax bills ranging significantly across the county. Barnesville has the highest median home price at $316,050.

Property Tax Assessment Values Across Wilkin County, Minnesota

Source: Ownwell

$70,300

$193,175

$316,050

Median Wilkin County Market Value

$164,600

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wilkin County, Minnesota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Barnesville	$125,310	$201,275	$316,050	$511,750	$686,570
Breckenridge	$59,630	$104,425	$162,750	$249,500	$350,300
Campbell	$11,780	$29,725	$78,600	$193,125	$312,660
Fairmount	N/A	N/A	N/A	N/A	N/A
Foxhome	$10,720	$25,900	$84,000	$265,800	$663,740
Kent	$24,730	$73,900	$158,150	$291,275	$632,060
Moorhead	N/A	N/A	N/A	N/A	N/A
Nashua	$2,400	$19,550	$70,300	$114,750	$220,160
Pelican Rapids	N/A	N/A	N/A	N/A	N/A
Rothsay	$73,320	$122,750	$193,400	$355,400	$695,840
Tintah	$117,420	$178,100	$216,100	$447,175	$862,090
Wolverton	$67,580	$126,025	$205,550	$325,550	$575,040

Source: Ownwell

Property Tax Bills Across Wilkin County, Minnesota

In Wilkin County, MN, property tax bills are determined based on the assessed value of a home, which is derived from the market value. The median home price in the county stands at $164,600. Tax rates are applied to this assessed value to calculate the property tax bill. Homeowners in Wilkin County face a median property tax bill of approximately $1,678, which is below the national median of $2,400. However, the tax bills can vary widely within the county. For instance, the 25th percentile tax bill is $802, while the 75th percentile reaches $2,274, and the 90th percentile climbs to $3,414. The city of Barnesville has the highest median tax bill at $2,136, whereas Nashua has the lowest at $564. These variations are influenced by factors such as local tax rates, property values, and available exemptions. Understanding these factors is crucial for homeowners to anticipate their annual tax obligations and manage their finances effectively.

Property Tax Bills Across Wilkin County, Minnesota

Source: Ownwell

$564

$1,350

$2,136

Median Wilkin County Tax Bill

$1,424

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Wilkin County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Barnesville	$878	$1,394	$2,136	$2,992	$4,233
Breckenridge	$454	$906	$1,477	$2,318	$3,414
Campbell	$160	$380	$795	$1,373	$2,024
Fairmount	N/A	N/A	N/A	N/A	N/A
Foxhome	$110	$270	$648	$2,070	$3,286
Kent	$250	$600	$1,073	$1,808	$2,793
Moorhead	N/A	N/A	N/A	N/A	N/A
Nashua	$43	$203	$564	$1,082	$1,921
Pelican Rapids	N/A	N/A	N/A	N/A	N/A
Rothsay	$693	$1,166	$1,701	$2,794	$3,941
Tintah	$1,008	$1,444	$1,714	$2,482	$3,238
Wolverton	$536	$922	$1,452	$2,312	$3,281

Source: Ownwell