Martin County, Minnesota property tax
The median homeowner in Martin County, Minnesota pays $1,547 a year in property tax on a home worth $158,800, an effective rate of 0.97%. The national effective rate is 0.98%.
What the rate means here
Martin County taxes property at 0.97%, within a rounding error of the national 0.98%. That makes the $1,547 median bill mostly a statement about local house prices rather than about local tax policy.
It ranks #48 of 83 Minnesota counties by effective rate, against a statewide 1.04%, and #1,103 nationally. The state runs from 1.24% in Ramsey County down to 0.57% in Aitkin County.
The median home costs 2.52 times the median household income of $62,969, against 3.86 nationally, which is a comfortable ratio by American standards. 72.39% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 19,864 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
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Martin County | Minnesota | United States | |
|---|---|---|---|
| Effective property tax | 0.97% | 1.04% | 0.98% |
| Median tax bill | $1,547 | $3,184 | $2,969 |
| Median home value | $158,800 | $305,500 | $303,400 |
| Median gross rent | $735 | $1,235 | $1,348 |
| Median household income | $62,969 | $87,556 | $78,538 |
| Home price to income | 2.52× | 3.49× | 3.86× |
| Rent as share of income | 14.01% | 16.93% | 20.6% |
| Owner-occupied | 72.39% | 72.39% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 19,864.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Waseca County | 1.19% | $2,537 | $213,200 |
| Houston County | 1.16% | $2,633 | $226,300 |
| Dodge County | 1.08% | $2,902 | $267,500 |
| Fillmore County | 0.95% | $1,932 | $204,000 |
| Wabasha County | 1.09% | $2,675 | $245,800 |
Martin County property tax: common questions
What is the property tax rate in Martin County, Minnesota?
The effective rate is 0.97% of home value, from a median tax bill of $1,547 against a median home value of $158,800. That is 0.01 points below the national 0.98%.
How much is property tax on a $400,000 home in Martin County?
Roughly $3,880 a year at the county effective rate of 0.97%.
Is Martin County expensive compared with the rest of Minnesota?
It ranks #48 of 83 Minnesota counties by effective property tax rate, and #1103 of 2,826 nationally. That is 0.07 points below the Minnesota average of 1.04%.
What does housing cost in Martin County?
The median home is worth $158,800 and median gross rent is $735 a month. Median household income is $62,969, which puts the home at 2.52 times annual income and rent at 14.01% of it.