TaxBy County

Hennepin County

Hennepin County, Minnesota

Effective Tax Rate

1.15%

Median Annual Tax

$4,337

How Hennepin County Compares

Median Annual Property Tax

Hennepin County$4,337
Minnesota State Average$2,168
National Average$1,924

Hennepin County

1.15%

Effective rate

Minnesota Avg

0.97%

Effective rate

National Avg

0.91%

Effective rate

Tax by Mortgage Status

With Mortgage

$4,357

per year

Without Mortgage

$4,294

per year

Estimate Your Property Tax

$

Annual Tax

$4,337

Monthly Escrow

$361

Effective Rate

1.15%

vs. Minnesota State Average▲ 100% above
vs. National Average▲ 61.2% above
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Frequently Asked Questions

What is the property tax rate in Hennepin County, Minnesota?
The effective property tax rate in Hennepin County, Minnesota is 1.15%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Hennepin County?
The median annual property tax payment in Hennepin County is $4,337. Homeowners with a mortgage pay a median of $4,357, while those without a mortgage pay $4,294.
How does Hennepin County compare to the Minnesota average?
Hennepin County's effective tax rate of 1.15% is higher than the Minnesota state average of 0.97%. The median annual property tax in Hennepin County is $4,337, compared to the state average of $2,168.
What is the median home value in Hennepin County, Minnesota?
The median home value in Hennepin County, Minnesota is $376,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
How are property taxes calculated in Minnesota?
Property taxes in Minnesota are calculated based on the assessed value of your property multiplied by the local mill levy (tax rate). The assessed value is determined by your county assessor and may differ from market value. Homeowners may qualify for exemptions such as homestead, senior, veteran, or disability exemptions that can reduce the taxable value. Tax rates vary by county and include levies for schools, municipal services, and special districts.

Counties with Similar Tax Rates

McLeod County(MN)

Rate1.16%
Median Tax$2,708

Houston County(MN)

Rate1.16%
Median Tax$2,633

Carlton County(MN)

Rate1.17%
Median Tax$2,712

Cottonwood County(MN)

Rate1.13%
Median Tax$1,737
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Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.

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