Property taxes in Hennepin County, Minnesota
Homes in Hennepin County pay about 1.14% of their value in property taxes each year, or about $4,914 on a home at the local median sale price of $431,013. That’s higher than the typical county in Minnesota (0.99%).
Effective rate1.14%Of home value per year
Rank in Minnesota#8 of 871 = highest rate
Tax at the median sale price$4,914On $431,013
Estimated yearly and monthly tax by home price
| Home price | Per year | Per month |
|---|---|---|
| $250,000 | $2,850 | $238 |
| $400,000 | $4,560 | $380 |
| $600,000 | $6,840 | $570 |
| $800,000 | $9,120 | $760 |
| $1,000,000 | $11,400 | $950 |
How accurate is a county rate?
This is a county average: the median tax bill divided by the median home value. Your bill depends on the home’s assessed value, the town and school district, and any exemptions you qualify for. Ask for the home’s current tax bill before you make an offer.
Questions
What is the property tax rate in Hennepin County, Minnesota?
About 1.14% of a home’s value per year, based on U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.
How much is property tax on a $400,000 home in Hennepin County?
About $4,560 a year, or $380 a month.
Counties in Minnesota with similar rates
More for Hennepin County
Hennepin County loan limitsMinnesota closing costsChamplin 55316 market dataDayton 55327 market dataEden Prairie 55344 market dataEden Prairie 55346 market dataEden Prairie 55347 market dataExcelsior 55331 market dataHamel 55340 market dataHopkins 55305 market dataHopkins 55343 market dataLong Lake 55356 market dataLoretto 55357 market dataMaple Grove 55311 market data
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.