StateRates

Itasca County, Minnesota property tax

The median homeowner in Itasca County, Minnesota pays $1,851 a year in property tax on a home worth $212,000, an effective rate of 0.87%. The national effective rate is 0.98%.

Effective rate 0.87% #63 of 83 in Minnesota
Median tax bill $1,851 per year
Median home value $212,000 owner-occupied
Median income $66,380 household

What the rate means here

Itasca County taxes property at 0.87%, within a rounding error of the national 0.98%. That makes the $1,851 median bill mostly a statement about local house prices rather than about local tax policy.

It ranks #63 of 83 Minnesota counties by effective rate, against a statewide 1.04%, and #1,306 nationally. The state runs from 1.24% in Ramsey County down to 0.57% in Aitkin County.

The median home costs 3.19 times the median household income of $66,380, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. With 45,141 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 $2,175 per year at 0.87%
$400,000 home $3,480 per year at 0.87%
$600,000 home $5,220 per year at 0.87%

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

Housing and income

Itasca County, Minnesota against Minnesota and the country
Itasca County Minnesota United States
Effective property tax 0.87% 1.04% 0.98%
Median tax bill $1,851 $3,184 $2,969
Median home value $212,000 $305,500 $303,400
Median gross rent $944 $1,235 $1,348
Median household income $66,380 $87,556 $78,538
Home price to income 3.19× 3.49× 3.86×
Rent as share of income 17.07% 16.93% 20.6%
Owner-occupied 81.94% 72.39% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 45,141.

Nearby counties of similar size

Other Minnesota counties
County Rate Median bill Home value
Beltrami County 1.00% $2,214 $222,300
Kandiyohi County 0.99% $2,291 $230,500
Goodhue County 1.06% $2,866 $269,400
Isanti County 1.04% $2,951 $283,200
Benton County 1.02% $2,532 $247,100

Itasca County property tax: common questions

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

The effective rate is 0.87% of home value, from a median tax bill of $1,851 against a median home value of $212,000. That is 0.11 points below the national 0.98%.

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

Roughly $3,480 a year at the county effective rate of 0.87%.

Is Itasca County expensive compared with the rest of Minnesota?

It ranks #63 of 83 Minnesota counties by effective property tax rate, and #1306 of 2,826 nationally. That is 0.17 points below the Minnesota average of 1.04%.

What does housing cost in Itasca County?

The median home is worth $212,000 and median gross rent is $944 a month. Median household income is $66,380, which puts the home at 3.19 times annual income and rent at 17.07% of it.