StateRates

Dakota County, Minnesota property tax

The median homeowner in Dakota County, Minnesota pays $3,610 a year in property tax on a home worth $362,100, an effective rate of 1.00%. The national effective rate is 0.98%.

Effective rate 1.00% #37 of 83 in Minnesota
Median tax bill $3,610 per year
Median home value $362,100 owner-occupied
Median income $105,212 household

What the rate means here

Dakota County taxes property at 1.00%, within a rounding error of the national 0.98%. That makes the $3,610 median bill mostly a statement about local house prices rather than about local tax policy.

It ranks #37 of 83 Minnesota counties by effective rate, against a statewide 1.04%, and #1,039 nationally. The state runs from 1.24% in Ramsey County down to 0.57% in Aitkin County.

The median home costs 3.44 times the median household income of $105,212, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. At 442,204 residents the county is large enough that its median blends several distinct housing markets.

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

What that costs at different home values

$250,000 home $2,500 per year at 1.00%
$400,000 home $4,000 per year at 1.00%
$600,000 home $6,000 per year at 1.00%

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

Housing and income

Dakota County, Minnesota against Minnesota and the country
Dakota County Minnesota United States
Effective property tax 1.00% 1.04% 0.98%
Median tax bill $3,610 $3,184 $2,969
Median home value $362,100 $305,500 $303,400
Median gross rent $1,497 $1,235 $1,348
Median household income $105,212 $87,556 $78,538
Home price to income 3.44× 3.49× 3.86×
Rent as share of income 17.07% 16.93% 20.6%
Owner-occupied 75.35% 72.39% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 442,204.

Nearby counties of similar size

Other Minnesota counties
County Rate Median bill Home value
Anoka County 0.95% $3,099 $325,800
Ramsey County 1.24% $3,767 $304,900
Washington County 1.00% $4,012 $400,900
St. Louis County 1.03% $2,142 $208,500
Olmsted County 1.09% $3,314 $304,500

Dakota County property tax: common questions

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

The effective rate is 1.00% of home value, from a median tax bill of $3,610 against a median home value of $362,100. That is 0.02 points above the national 0.98%.

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

Roughly $4,000 a year at the county effective rate of 1.00%.

Is Dakota County expensive compared with the rest of Minnesota?

It ranks #37 of 83 Minnesota counties by effective property tax rate, and #1039 of 2,826 nationally. That is 0.04 points below the Minnesota average of 1.04%.

What does housing cost in Dakota County?

The median home is worth $362,100 and median gross rent is $1,497 a month. Median household income is $105,212, which puts the home at 3.44 times annual income and rent at 17.07% of it.