Yellow Medicine County Property Taxes

Yellow Medicine County, Minnesota

Effective Tax Rate

0.00%

28.7% below state avg

Median Annual Tax

$0

$129/mo escrow

#63 of 87 counties in Minnesota

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

1.04%

vs. Minnesota Avg28.7% below
vs. National Avg42.6% below

At a Glance

Median Home Value

$148,200

State avg $222,532

Tax w/ Mortgage/yr

$1,515

$126/mo escrow

Tax w/o Mortgage/yr

$1,567

$131/mo

State Tax Rate Rank

#63

of 87 counties (1 = lowest)

Data Story

About Property Taxes in Yellow Medicine County, Minnesota

Yellow Medicine taxes exceed national average

Yellow Medicine County's effective tax rate of 1.042% surpasses the national median of 0.968%, placing it above typical American counties. The median property tax of $1,545 is significantly lower than the national median of $2,690, reflecting Yellow Medicine's median home value of $148,200—well below the national median of $281,900.

Yellow Medicine above Minnesota average

Yellow Medicine County's 1.042% effective rate exceeds Minnesota's state average of 0.968% by about 7%. The median annual tax of $1,545 falls well below the state median of $2,168, as homes are typically valued significantly below the Minnesota average.

Yellow Medicine among region's highest

Yellow Medicine's 1.042% rate exceeds Wilkin (0.760%), Watonwan (1.027%), and Winona (0.942%), and nearly matches Waseca (1.190%). Only Waseca and Washington counties tax at higher rates in this region.

Yellow Medicine typical tax bills

The typical Yellow Medicine homeowner with a $148,200 home pays approximately $1,545 annually in property taxes. Bills vary slightly by mortgage status: $1,515 with a mortgage and $1,567 without.

Rural overassessment deserves attention

Rural counties like Yellow Medicine often have assessment lags—properties valued based on outdated sales data or inflated market assumptions. Check if your assessed value aligns with recent comparable sales; a successful appeal in rural areas often delivers substantial savings.

How Yellow Medicine County Compares

Median Annual Property Tax

Yellow Medicine County$1,545
Minnesota State Average$2,168
National Average$1,924

Yellow Medicine County

1.04%

Effective rate

Minnesota Avg

0.97%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Yellow Medicine County, Minnesota?
The effective property tax rate in Yellow Medicine County, Minnesota is 1.04%. 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 Yellow Medicine County?
The median annual property tax payment in Yellow Medicine County is $1,545. Homeowners with a mortgage pay a median of $1,515, while those without a mortgage pay $1,567.
How does Yellow Medicine County compare to the Minnesota average?
Yellow Medicine County's effective tax rate of 1.04% is higher than the Minnesota state average of 0.97%. The median annual property tax in Yellow Medicine County is $1,545, compared to the state average of $2,168.
What is the median home value in Yellow Medicine County, Minnesota?
The median home value in Yellow Medicine County, Minnesota is $148,200, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Yellow Medicine County property tax rate higher than the Minnesota average?
Yellow Medicine County's effective property tax rate of 1.04% is higher than the Minnesota average of 0.97%. This difference of 0.07% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Yellow Medicine County rank for property taxes in Minnesota?
Yellow Medicine County ranks #63 out of 87 counties in Minnesota by effective property tax rate (1 = lowest). With a rate of 1.04% and median annual tax of $1,545, it falls in the upper 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.