Free Minnesota (MN) property tax calculator with 2026-specific rates. Calculate your exact property tax using real Minnesota data.
The average effective property tax rate in Minnesota is 1.02%. On a home valued at $315,000 (the state median), this equates to approximately $3,213 per year in property taxes.
Property taxes in Minnesota are calculated by multiplying the assessed value of your property by the local tax rate. The effective rate averages 1.02% statewide, though rates vary by county and municipality.
Minnesota's average effective property tax rate of 1.02% is near the national average. The national average effective property tax rate is approximately 1.1%.