StateRates

Cook County, Minnesota property tax

The median homeowner in Cook County, Minnesota pays $2,322 a year in property tax on a home worth $294,000, an effective rate of 0.79%. The national effective rate is 0.98%.

Effective rate 0.79% #74 of 83 in Minnesota
Median tax bill $2,322 per year
Median home value $294,000 owner-occupied
Median income $71,643 household

What the rate means here

At 0.79%, Cook County taxes property more lightly than the national 0.98%. With a median home at $294,000, that produces a bill of $2,322. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.

It ranks #74 of 83 Minnesota counties by effective rate, against a statewide 1.04%, and #1,490 nationally. The state runs from 1.24% in Ramsey County down to 0.57% in Aitkin County.

The median home costs 4.1 times the median household income of $71,643, close to the national 3.86. This is a small rural county of 5,633 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,975 per year at 0.79%
$400,000 home $3,160 per year at 0.79%
$600,000 home $4,740 per year at 0.79%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Cook County, Minnesota against Minnesota and the country
Cook County Minnesota United States
Effective property tax 0.79% 1.04% 0.98%
Median tax bill $2,322 $3,184 $2,969
Median home value $294,000 $305,500 $303,400
Median gross rent $886 $1,235 $1,348
Median household income $71,643 $87,556 $78,538
Home price to income 4.1× 3.49× 3.86×
Rent as share of income 14.84% 16.93% 20.6%
Owner-occupied 79.63% 72.39% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 5,633.

Nearby counties of similar size

Other Minnesota counties
County Rate Median bill Home value
Lincoln County 0.97% $1,478 $152,200
Mahnomen County 0.97% $1,427 $146,500
Grant County 0.94% $1,677 $178,600
Big Stone County 0.86% $1,169 $135,700
Norman County 0.99% $1,341 $135,700

Cook County property tax: common questions

What is the property tax rate in Cook County, Minnesota?

The effective rate is 0.79% of home value, from a median tax bill of $2,322 against a median home value of $294,000. That is 0.19 points below the national 0.98%.

How much is property tax on a $400,000 home in Cook County?

Roughly $3,160 a year at the county effective rate of 0.79%.

Is Cook County expensive compared with the rest of Minnesota?

It ranks #74 of 83 Minnesota counties by effective property tax rate, and #1490 of 2,826 nationally. That is 0.25 points below the Minnesota average of 1.04%.

What does housing cost in Cook County?

The median home is worth $294,000 and median gross rent is $886 a month. Median household income is $71,643, which puts the home at 4.1 times annual income and rent at 14.84% of it.