Rice County, Minnesota Property Taxes
Census Bureau ACS property tax data for Minnesota. Population: 17,714.
The median annual property tax in Rice County is $2,899, which is 34% higher than the Minnesota state average and 51% above the national average. The effective tax rate is 0.97% on a median home value of $298,500. Property taxes represent 3.5% of the median household income in this county.
Median Annual Tax
$2,899
+34% vs State
+51% vs US
Median Home Value
$298,500
+34% vs State
+41% vs US
Effective Tax Rate
0.97%
+0% vs State
+2% vs US
With vs Without Mortgage
With Mortgage
$3,007
$251/mo
Without Mortgage
$2,738
$228/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 | $2,899 +4.7% | 0.97% |
| 2022 | $2,770 +7.6% | 0.99% |
| 2021 | $2,574 +4.8% | 1.07% |
| 2020 | $2,455 +6.1% | 1.05% |
| 2019 | $2,313 | 1.11% |
Tax Burden
Tax-to-Income Ratio
3.5%
of median household income
Median Income
$82,792
per year
Monthly Tax
$242
per month
Other Counties in Minnesota
Isanti County
Tax: $2,951/yr Rate: 1.04%
Lincoln County
Tax: $1,478/yr Rate: 0.97%
Cass County
Tax: $1,512/yr Rate: 0.58%
Stevens County
Tax: $1,459/yr Rate: 0.81%
Freeborn County
Tax: $1,750/yr Rate: 1.06%
Blue Earth County
Tax: $2,487/yr Rate: 0.98%
Frequently Asked Questions
What is the average property tax in Rice County, Minnesota? ▼
The median annual property tax in Rice County is $2,899 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.97% on a median home value of $298,500.
How does Rice County property tax compare to the national average? ▼
Property taxes in Rice County are 51% above the national average of $1,923. The effective rate of 0.97% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Rice County? ▼
In Rice County, homeowners with a mortgage pay a median of $3,007 in annual property taxes, while homeowners without a mortgage pay $2,738. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Rice County? ▼
Property taxes in Rice County represent approximately 3.5% of the median household income of $82,792. 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.