Pipestone County, Minnesota Property Taxes
Census Bureau ACS property tax data for Minnesota. Population: 3,235.
The median annual property tax in Pipestone County is $1,154, which is 47% lower than the Minnesota state average and 40% below the national average. The effective tax rate is 0.91% on a median home value of $126,700. Property taxes represent 1.7% of the median household income in this county.
Median Annual Tax
$1,154
-47% vs State
-40% vs US
Median Home Value
$126,700
-43% vs State
-40% vs US
Effective Tax Rate
0.91%
-6% vs State
-4% vs US
With vs Without Mortgage
With Mortgage
$1,106
$92/mo
Without Mortgage
$1,206
$101/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,154 +4.0% | 0.91% |
| 2022 | $1,110 +13.5% | 0.88% |
| 2021 | $978 +5.3% | 0.87% |
| 2020 | $929 +1.6% | 0.92% |
| 2019 | $914 | 0.94% |
Tax Burden
Tax-to-Income Ratio
1.7%
of median household income
Median Income
$66,073
per year
Monthly Tax
$96
per month
Other Counties in Minnesota
Lyon County
Tax: $2,021/yr Rate: 1.05%
Big Stone County
Tax: $1,169/yr Rate: 0.86%
Morrison County
Tax: $2,154/yr Rate: 0.91%
Sherburne County
Tax: $3,311/yr Rate: 1.00%
Polk County
Tax: $2,109/yr Rate: 1.00%
Le Sueur County
Tax: $3,119/yr Rate: 1.08%
Frequently Asked Questions
What is the average property tax in Pipestone County, Minnesota? ▼
The median annual property tax in Pipestone County is $1,154 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.91% on a median home value of $126,700.
How does Pipestone County property tax compare to the national average? ▼
Property taxes in Pipestone County are 40% below the national average of $1,923. The effective rate of 0.91% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Pipestone County? ▼
In Pipestone County, homeowners with a mortgage pay a median of $1,106 in annual property taxes, while homeowners without a mortgage pay $1,206. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Pipestone County? ▼
Property taxes in Pipestone County represent approximately 1.7% of the median household income of $66,073. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.