Winona, Winona County, Minnesota Property Taxes

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

Median Winona, MN effective property tax rate: 0.92%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Winona, MN home value: $197,400
Median annual Winona, MN tax bill: $1,792, $608 lower than the national median property tax bill of $2,400.

How are property taxes in Winona calculated?

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

Last Updated March 1, 2025

Winona, Winona County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.92%

Estimate Property Tax Bill

$1,816

$1,685

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

Property Tax Rates Across Winona, Winona County, Minnesota

Local government entities are responsible for setting property tax rates, which can differ significantly across Minnesota. Each year, counties like Winona estimate their budgetary needs to provide essential services and divide this by the total value of all taxable properties within the county. This calculation determines the property tax rate. Although votes and legislative measures play a role in establishing these rates and budgets, this process is the fundamental annual routine.

In Winona, the effective property tax rate is a reflection of these local government decisions. When comparing Winona’s property tax rate to other cities in Minnesota, it is evident that variations exist within the state. The median property tax rate in Minnesota provides a benchmark, but it is essential to also consider the national median property tax rate and bill for a broader perspective. By understanding these differences, property owners can better navigate the complexities of property taxation and potentially identify opportunities for appeals or exemptions.

Property Tax Rates Across Winona, Winona County, Minnesota

Source: Ownwell

0.65%

0.98%

1.30%

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 Winona Tax Rate

0.92%

Median Effective Winona County Tax Rate

0.91%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Winona, Winona County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55987	0.69%	0.81%	0.92%	0.98%	1.04%

Source: Ownwell

Property Tax Assessment Values Across Winona, Winona County, Minnesota

When examining property taxes in Winona, 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. The Winona 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:

In Winona 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 Winona.

For example, the median home price in Winona is $197,400, with tax bills ranging significantly across the county. 55987 has the highest median home price at $197,400.

Property Tax Assessment Values Across Winona, Winona County, Minnesota

Source: Ownwell

$121,500

$278,600

$435,700

Median Winona Market Value

$197,400

Median Winona County Market Value

$212,200

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Winona, Winona County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55987	$101,100	$147,400	$197,400	$281,800	$400,500

Source: Ownwell

Property Tax Bills Across Winona, Winona County, Minnesota

In Winona, MN, property tax bills are calculated based on the assessed value of a home. This value is determined by local assessors who evaluate the property's market value. Once the assessed value is set, the local tax rate is applied to calculate the tax owed. In Winona County, the median property tax bill is $1,792, which is below the national median of $2,400. Homeowners in Winona may see tax bills ranging from $1,278 at the 25th percentile to $3,524 at the 90th percentile, depending on their property's assessed value and location within the county. These taxes fund essential community services such as schools, infrastructure, and emergency services. Homeowners can potentially reduce their tax burden by ensuring their property is accurately assessed and by applying for any available exemptions. Ownwell assists homeowners by offering property tax appeal services, helping to ensure that homeowners are not overpaying. By leveraging expertise in local tax laws, Ownwell can identify opportunities for savings, potentially lowering annual tax bills.

Property Tax Bills Across Winona, Winona County, Minnesota

Source: Ownwell

$1,154

$2,257

$3,360

Median Winona Tax Bill

$1,792

Median Winona County Tax Bill

$1,884

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Winona, Winona County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55987	$752	$1,278	$1,792	$2,520	$3,524

Source: Ownwell