Carver County, Minnesota property tax
The median homeowner in Carver County, Minnesota pays $4,380 a year in property tax on a home worth $426,900, an effective rate of 1.03%. The national effective rate is 0.98%.
What the rate means here
Carver County taxes property at 1.03%, within a rounding error of the national 0.98%. That makes the $4,380 median bill mostly a statement about local house prices rather than about local tax policy.
It ranks #32 of 83 Minnesota counties by effective rate, against a statewide 1.04%, and #981 nationally. The state runs from 1.24% in Ramsey County down to 0.57% in Aitkin County.
The median home costs 3.47 times the median household income of $123,144, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. The county has 108,622 residents, which is small enough that the medians describe a reasonably coherent market.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Carver County | Minnesota | United States | |
|---|---|---|---|
| Effective property tax | 1.03% | 1.04% | 0.98% |
| Median tax bill | $4,380 | $3,184 | $2,969 |
| Median home value | $426,900 | $305,500 | $303,400 |
| Median gross rent | $1,444 | $1,235 | $1,348 |
| Median household income | $123,144 | $87,556 | $78,538 |
| Home price to income | 3.47× | 3.49× | 3.86× |
| Rent as share of income | 14.07% | 16.93% | 20.6% |
| Owner-occupied | 81.71% | 72.39% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 108,622.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Sherburne County | 1.00% | $3,311 | $332,700 |
| Wright County | 1.00% | $3,319 | $332,800 |
| Blue Earth County | 0.98% | $2,487 | $252,800 |
| Rice County | 0.97% | $2,899 | $298,500 |
| Crow Wing County | 0.79% | $2,161 | $274,400 |
Carver County property tax: common questions
What is the property tax rate in Carver County, Minnesota?
The effective rate is 1.03% of home value, from a median tax bill of $4,380 against a median home value of $426,900. That is 0.05 points above the national 0.98%.
How much is property tax on a $400,000 home in Carver County?
Roughly $4,120 a year at the county effective rate of 1.03%.
Is Carver County expensive compared with the rest of Minnesota?
It ranks #32 of 83 Minnesota counties by effective property tax rate, and #981 of 2,826 nationally. That is 0.01 points below the Minnesota average of 1.04%.
What does housing cost in Carver County?
The median home is worth $426,900 and median gross rent is $1,444 a month. Median household income is $123,144, which puts the home at 3.47 times annual income and rent at 14.07% of it.