Wright County, Minnesota Property Taxes

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

Median Wright County effective property tax rate: 1.04%, slightly higher than the national median of 1.02%.
Median Wright County home value: $352,100
Median annual Wright County tax bill: $3,554, $1,154 higher than the national median property tax bill of $2,400.

How are property taxes in Wright County calculated?

Property taxes in Wright 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 Buffalo or another part of Wright County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Wright County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$3,662

$3,398

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

Property Tax Rates Across Wright County, Minnesota

Local government entities in Minnesota set tax rates, which can vary widely across the state. Each year, counties determine their budgetary needs for public services and divide this by the total value of all taxable properties in their jurisdiction, resulting in the property tax rate. While votes and laws influence the setting of these rates and budgets, this is the essential annual process.

In Wright County, the effective property tax rate stands at 1.04%, slightly above the national median of 1.02%. This positions Wright County in line with national averages, reflecting a balanced approach to property taxation. However, within Minnesota, there is significant variation. For instance, Dayton has the highest median property tax rate in the state at 1.13%, while South Haven enjoys the lowest at 0.68%. These differences highlight the diverse fiscal strategies employed by counties to meet their unique needs. Understanding these variations is crucial for property owners navigating the complexities of property tax assessments and ensuring they are not overpaying.

Property Tax Rates Across Wright County, Minnesota

Source: Ownwell

0.68%

0.91%

1.13%

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 Wright County Tax Rate

1.04%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wright County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Albertville	0.98%	1.05%	1.12%	1.17%	1.20%
Annandale	0.57%	0.67%	0.74%	0.95%	1.02%
Buffalo	0.77%	0.89%	1.11%	1.16%	1.21%
Clearwater	0.62%	0.72%	0.93%	1.10%	1.17%
Cokato	0.58%	0.84%	0.94%	1.24%	1.29%
Dayton	1.02%	1.05%	1.13%	1.16%	1.22%
Delano	0.65%	0.94%	1.11%	1.15%	1.18%
Elk River	0.91%	1.02%	1.05%	1.07%	1.11%
Hanover	0.52%	1.01%	1.05%	1.09%	1.16%
Howard Lake	0.49%	0.81%	0.92%	1.18%	1.24%
Maple Lake	0.62%	0.75%	0.83%	1.11%	1.22%
Monticello	0.73%	0.82%	0.91%	0.96%	1.01%
Montrose	0.84%	0.95%	1.09%	1.12%	1.17%
Rockford	0.96%	1.07%	1.10%	1.14%	1.18%
Rogers	0.48%	1.02%	1.05%	1.06%	1.08%
Saint Michael	0.94%	1.04%	1.06%	1.09%	1.13%
South Haven	0.54%	0.62%	0.68%	0.76%	0.94%
Watertown	0.51%	0.77%	0.90%	0.94%	0.97%
Waverly	0.56%	0.89%	1.07%	1.13%	1.21%
Winsted	0.41%	0.56%	0.87%	0.91%	0.95%
Dassel	N/A	N/A	N/A	N/A	N/A
Otsego	N/A	N/A	N/A	N/A	N/A
Silver Lake	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Wright County, Minnesota

When examining property taxes in Wright 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 Wright 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 Wright 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 Wright County. For example, the median tax bill in Wright County is $3,650, with tax bills ranging significantly across the county. Watertown has the highest median home price at $571,050.

Property Tax Assessment Values Across Wright County, Minnesota

Source: Ownwell

$271,300

$421,175

$571,050

Median Wright County Market Value

$352,100

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wright County, Minnesota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Albertville	$246,100	$298,000	$352,550	$421,500	$497,250
Annandale	$145,480	$250,200	$362,300	$560,500	$821,240
Buffalo	$218,900	$274,600	$343,300	$451,200	$646,900
Clearwater	$189,850	$243,375	$299,650	$406,925	$569,950
Cokato	$131,310	$198,650	$271,300	$390,575	$589,090
Dayton	$297,450	$366,550	$457,000	$570,300	$648,520
Delano	$246,950	$317,950	$406,100	$512,675	$744,950
Elk River	$200,900	$294,200	$398,100	$483,200	$555,980
Hanover	$334,960	$372,200	$414,600	$475,950	$553,340
Howard Lake	$169,000	$228,850	$309,700	$422,850	$623,100
Maple Lake	$195,600	$244,600	$336,200	$525,400	$734,100
Monticello	$220,600	$272,100	$326,800	$405,900	$542,500
Montrose	$48,680	$239,600	$298,100	$340,800	$464,540
Rockford	$31,740	$85,925	$311,600	$367,275	$465,810
Rogers	$306,220	$425,800	$491,800	$538,100	$572,840
Saint Michael	$254,700	$321,900	$396,950	$487,175	$591,400
South Haven	$144,080	$253,050	$405,600	$609,900	$878,560
Watertown	$354,280	$441,825	$571,050	$728,600	$985,630
Waverly	$213,360	$279,825	$330,900	$418,200	$623,940
Winsted	$317,150	$359,875	$511,050	$742,675	$1,006,250
Dassel	N/A	N/A	N/A	N/A	N/A
Otsego	N/A	N/A	N/A	N/A	N/A
Silver Lake	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Wright County, Minnesota

In Wright County, MN, property tax bills are calculated by applying the local tax rate to the assessed value of a property. The assessed value is determined by the county assessor and is intended to reflect the property's market value. Property tax rates in Wright County are influenced by local government budgets and funding needs for services such as schools, infrastructure, and emergency services. Homeowners in Wright County typically pay a median property tax bill of $3,650, which is above the national median of $2,400. This reflects the county's higher median home price of $352,100 compared to the national average. Tax bills can vary significantly, with the 25th percentile at $2,734 and the 75th percentile at $4,566. In some areas like Dayton, the median tax bill reaches as high as $5,255, while in South Haven, it is lower at $2,768. These variations can significantly affect homeowners' annual housing costs, influencing decisions about purchasing or maintaining a home in the area.

Property Tax Bills Across Wright County, Minnesota

Source: Ownwell

$2,768

$4,012

$5,255

Median Wright County Tax Bill

$3,554

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Wright County, Minnesota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Albertville	$2,554	$3,168	$3,856	$4,690	$5,553
Annandale	$1,592	$2,166	$2,929	$3,972	$5,910
Buffalo	$2,384	$2,974	$3,622	$4,574	$5,732
Clearwater	$1,563	$2,268	$2,903	$3,594	$4,518
Cokato	$1,791	$2,309	$2,892	$3,642	$4,580
Dayton	$2,971	$3,774	$5,255	$6,254	$7,030
Delano	$2,424	$3,194	$4,232	$5,364	$6,544
Elk River	$1,985	$2,950	$4,112	$5,035	$5,741
Hanover	$2,112	$3,694	$4,352	$5,052	$6,124
Howard Lake	$1,713	$2,324	$3,037	$3,931	$4,802
Maple Lake	$1,816	$2,412	$3,126	$4,014	$5,261
Monticello	$2,118	$2,522	$2,996	$3,635	$4,583
Montrose	$2,183	$2,788	$3,340	$3,718	$4,313
Rockford	$2,459	$3,224	$3,640	$4,278	$5,245
Rogers	$1,591	$3,660	$4,900	$5,503	$5,944
Saint Michael	$2,450	$3,274	$4,072	$5,078	$6,165
South Haven	$1,350	$1,884	$2,768	$4,158	$6,476
Watertown	$3,005	$3,844	$4,704	$5,609	$6,724
Waverly	$2,122	$2,790	$3,359	$3,922	$5,250
Winsted	$2,569	$3,027	$3,605	$4,858	$5,704
Dassel	N/A	N/A	N/A	N/A	N/A
Otsego	N/A	N/A	N/A	N/A	N/A
Silver Lake	N/A	N/A	N/A	N/A	N/A

Source: Ownwell