Traverse County, Minnesota Property Taxes
Census Bureau ACS property tax data for Minnesota. Population: 1,125.
The median annual property tax in Traverse County is $1,070, which is 51% lower than the Minnesota state average and 44% below the national average. The effective tax rate is 0.97% on a median home value of $110,100. Property taxes represent 1.6% of the median household income in this county.
Median Annual Tax
$1,070
-51% vs State
-44% vs US
Median Home Value
$110,100
-51% vs State
-48% vs US
Effective Tax Rate
0.97%
+0% vs State
+2% vs US
With vs Without Mortgage
With Mortgage
$1,194
$100/mo
Without Mortgage
$967
$81/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 | $1,070 +11.6% | 0.97% |
| 2022 | $959 +6.7% | 0.88% |
| 2021 | $899 +4.8% | 0.97% |
| 2020 | $858 -2.8% | 1.00% |
| 2019 | $883 | 1.08% |
Tax Burden
Tax-to-Income Ratio
1.6%
of median household income
Median Income
$65,931
per year
Monthly Tax
$89
per month
Other Counties in Minnesota
Anoka County
Tax: $3,099/yr Rate: 0.95%
Cook County
Tax: $2,322/yr Rate: 0.79%
Crow Wing County
Tax: $2,161/yr Rate: 0.79%
Marshall County
Tax: $1,271/yr Rate: 0.83%
Kandiyohi County
Tax: $2,291/yr Rate: 0.99%
Kittson County
Tax: $1,231/yr Rate: 0.92%
Frequently Asked Questions
What is the average property tax in Traverse County, Minnesota? ▼
The median annual property tax in Traverse County is $1,070 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.97% on a median home value of $110,100.
How does Traverse County property tax compare to the national average? ▼
Property taxes in Traverse County are 44% below 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 Traverse County? ▼
In Traverse County, homeowners with a mortgage pay a median of $1,194 in annual property taxes, while homeowners without a mortgage pay $967. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Traverse County? ▼
Property taxes in Traverse County represent approximately 1.6% of the median household income of $65,931. 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.