Traverse County Property Taxes
Effective Tax Rate
0.00%
50.8% below state avgMedian Annual Tax
$0
$94/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.99%
At a Glance
Median Home Value
$114,100
State avg $238,336
Tax w/ Mortgage/yr
$1,343
$112/mo escrow
Tax w/o Mortgage/yr
$950
$79/mo
State Tax Rate Rank
#47
of 87 counties (1 = lowest)
Homeowner context
What this means for a Traverse County homeowner
Use these county medians as a planning baseline. Your actual bill depends on assessed value, exemptions, millage, and local taxing districts.
Tax pressure
0.99%
0.03 percentage points above the state average
Typical bill
$1,126
$1,162 below the state median
State position
#47
Ranked from lowest to highest effective rate across 87 Minnesota counties.
Data Story
About Property Taxes in Traverse County, Minnesota
Traverse County taxes far below US average
Traverse County's effective tax rate of 0.972% sits just below the national median of 0.98%, but its median home value of $110,100 is the region's lowest, resulting in a median tax bill of just $1,070—62% below the national median of $2,690. This combination makes Traverse one of the most affordable counties nationally for homeownership.
Below Minnesota average with minimal homes
Traverse County's 0.972% effective tax rate sits just below Minnesota's state average of 0.968%, while its median property tax of $1,070 is significantly below the state median of $2,168. The lowest median home value in the region ($110,100) drives this exceptional affordability.
Most affordable total tax burden regionwide
Traverse County's combination of near-average tax rate and the region's lowest home values creates the smallest tax bills: just $1,070 median. Even Todd County ($1,874) residents pay 75% more annually in absolute dollars.
Lowest total tax burden in region
Traverse County's median home value of $110,100 generates property taxes of approximately $1,070 annually—the region's lowest. Mortgaged homes average $1,194 in taxes; outright-owned homes, $967.
Assessment appeal could mean meaningful relief
In a county with such modest tax bills, even a small reduction yields proportionally larger savings due to the lower baseline. Challenging an overassessment in Traverse County could free up $150-250 for other household needs—worth exploring with your assessor.
How Traverse County Compares
Median Annual Property Tax
Traverse County
0.99%
Effective rate
Minnesota Avg
0.96%
Effective rate
National Avg
0.88%
Effective rate
Frequently Asked Questions
What is the property tax rate in Traverse County, Minnesota?
How much are property taxes in Traverse County?
How does Traverse County compare to the Minnesota average?
What is the median home value in Traverse County, Minnesota?
Why is Traverse County property tax rate higher than the Minnesota average?
How does Traverse County rank for property taxes in Minnesota?
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.
Estimates are informational only and are not tax, legal, financial, or assessment appeal advice. Verify parcel-specific amounts with the county assessor or tax collector.