StateRates

Goodhue County, Minnesota property tax

The median homeowner in Goodhue County, Minnesota pays $2,866 a year in property tax on a home worth $269,400, an effective rate of 1.06%. The national effective rate is 0.98%.

Effective rate 1.06% #20 of 83 in Minnesota
Median tax bill $2,866 per year
Median home value $269,400 owner-occupied
Median income $82,749 household

What the rate means here

Goodhue County taxes property at 1.06%, within a rounding error of the national 0.98%. That makes the $2,866 median bill mostly a statement about local house prices rather than about local tax policy.

It ranks #20 of 83 Minnesota counties by effective rate, against a statewide 1.04%, and #921 nationally. The state runs from 1.24% in Ramsey County down to 0.57% in Aitkin County.

The median home costs 3.26 times the median household income of $82,749, close to the national 3.86. With 47,844 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

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

What that costs at different home values

$250,000 home $2,650 per year at 1.06%
$400,000 home $4,240 per year at 1.06%
$600,000 home $6,360 per year at 1.06%

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

Housing and income

Goodhue County, Minnesota against Minnesota and the country
Goodhue County Minnesota United States
Effective property tax 1.06% 1.04% 0.98%
Median tax bill $2,866 $3,184 $2,969
Median home value $269,400 $305,500 $303,400
Median gross rent $939 $1,235 $1,348
Median household income $82,749 $87,556 $78,538
Home price to income 3.26× 3.49× 3.86×
Rent as share of income 13.62% 16.93% 20.6%
Owner-occupied 78% 72.39% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 47,844.

Nearby counties of similar size

Other Minnesota counties
County Rate Median bill Home value
Beltrami County 1.00% $2,214 $222,300
Winona County 0.94% $2,099 $222,900
Itasca County 0.87% $1,851 $212,000
Kandiyohi County 0.99% $2,291 $230,500
Isanti County 1.04% $2,951 $283,200

Goodhue County property tax: common questions

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

The effective rate is 1.06% of home value, from a median tax bill of $2,866 against a median home value of $269,400. That is 0.08 points above the national 0.98%.

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

Roughly $4,240 a year at the county effective rate of 1.06%.

Is Goodhue County expensive compared with the rest of Minnesota?

It ranks #20 of 83 Minnesota counties by effective property tax rate, and #921 of 2,826 nationally. That is 0.02 points above the Minnesota average of 1.04%.

What does housing cost in Goodhue County?

The median home is worth $269,400 and median gross rent is $939 a month. Median household income is $82,749, which puts the home at 3.26 times annual income and rent at 13.62% of it.