Rice County Property Taxes

Rice County, Minnesota

Effective Tax Rate

0.00%

33.7% above state avg

Median Annual Tax

$0

$242/mo escrow

#38 of 87 counties in Minnesota

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.97%

vs. Minnesota Avg33.7% above
vs. National Avg7.8% above

At a Glance

Median Home Value

$298,500

State avg $222,532

Tax w/ Mortgage/yr

$3,007

$251/mo escrow

Tax w/o Mortgage/yr

$2,738

$228/mo

State Tax Rate Rank

#38

of 87 counties (1 = lowest)

Data Story

About Property Taxes in Rice County, Minnesota

Rice County taxes above national median

Rice County's effective property tax rate of 0.971% ranks slightly below the national median rate, but its median tax bill of $2,899 exceeds the national median of $2,690. This reflects Rice County's higher median home values of $298,500—above the U.S. average of $281,900.

Slightly below Minnesota state average

Rice County's 0.971% effective rate is nearly identical to Minnesota's statewide average of 0.968%, placing it squarely in the middle of Minnesota's 87 counties. Median taxes of $2,899 run 34% above the state average of $2,168, driven by higher property values.

Competitive with southern Minnesota peers

Rice County's 0.971% rate is nearly identical to the state average and lower than Sibley County's 1.099% and Renville County's 1.016%. The county sits among the state's more moderately-taxed regions despite robust home values.

Median Rice home generates $2,899 annual tax

The median home in Rice County is valued at $298,500; at the county's 0.971% effective rate, that homeowner pays approximately $2,899 in annual property taxes. Mortgage holders see this figure climb to $3,007 due to escrow arrangements.

Assessment appeals can lower your Rice County bill

Even in a moderately-taxed county like Rice, many homeowners are paying taxes on inflated assessments. Contact your county assessor to request a reassessment if your property tax burden seems misaligned with neighborhood comparables.

How Rice County Compares

Median Annual Property Tax

Rice County$2,899
Minnesota State Average$2,168
National Average$1,924

Rice County

0.97%

Effective rate

Minnesota Avg

0.97%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Rice County, Minnesota?
The effective property tax rate in Rice County, Minnesota is 0.97%. 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 Rice County?
The median annual property tax payment in Rice County is $2,899. Homeowners with a mortgage pay a median of $3,007, while those without a mortgage pay $2,738.
How does Rice County compare to the Minnesota average?
Rice County's effective tax rate of 0.97% is lower than the Minnesota state average of 0.97%. The median annual property tax in Rice County is $2,899, compared to the state average of $2,168.
What is the median home value in Rice County, Minnesota?
The median home value in Rice County, Minnesota is $298,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Rice County a low property tax area in Minnesota?
Yes — Rice County's effective property tax rate of 0.97% is below the Minnesota average of 0.97%. The median annual property tax of $2,899 is also comparable to the state average of $2,168, making it a relatively affordable area for property taxes.
How does Rice County rank for property taxes in Minnesota?
Rice County ranks #38 out of 87 counties in Minnesota by effective property tax rate (1 = lowest). With a rate of 0.97% and median annual tax of $2,899, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Minnesota

Data updated: March 2026

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.