Redwood County, Minnesota Property Taxes
Census Bureau ACS property tax data for Minnesota. Population: 4,905.
The median annual property tax in Redwood County is $1,444, which is 33% lower than the Minnesota state average and 25% below the national average. The effective tax rate is 0.96% on a median home value of $150,400. Property taxes represent 2.2% of the median household income in this county.
Median Annual Tax
$1,444
-33% vs State
-25% vs US
Median Home Value
$150,400
-32% vs State
-29% vs US
Effective Tax Rate
0.96%
-1% vs State
+1% vs US
With vs Without Mortgage
With Mortgage
$1,454
$121/mo
Without Mortgage
$1,435
$120/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 | $1,444 +6.9% | 0.96% |
| 2022 | $1,351 +11.7% | 0.97% |
| 2021 | $1,209 +3.7% | 1.01% |
| 2020 | $1,166 +10.9% | 1.02% |
| 2019 | $1,051 | 0.99% |
Tax Burden
Tax-to-Income Ratio
2.2%
of median household income
Median Income
$67,024
per year
Monthly Tax
$120
per month
Other Counties in Minnesota
Marshall County
Tax: $1,271/yr Rate: 0.83%
Mower County
Tax: $1,819/yr Rate: 1.06%
Winona County
Tax: $2,099/yr Rate: 0.94%
Blue Earth County
Tax: $2,487/yr Rate: 0.98%
Lake County
Tax: $1,674/yr Rate: 0.75%
Nicollet County
Tax: $2,888/yr Rate: 1.12%
Frequently Asked Questions
What is the average property tax in Redwood County, Minnesota? ▼
The median annual property tax in Redwood County is $1,444 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.96% on a median home value of $150,400.
How does Redwood County property tax compare to the national average? ▼
Property taxes in Redwood County are 25% below the national average of $1,923. The effective rate of 0.96% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Redwood County? ▼
In Redwood County, homeowners with a mortgage pay a median of $1,454 in annual property taxes, while homeowners without a mortgage pay $1,435. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Redwood County? ▼
Property taxes in Redwood County represent approximately 2.2% of the median household income of $67,024. 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.