StateRates

Wabasha County, Minnesota property tax

The median homeowner in Wabasha County, Minnesota pays $2,675 a year in property tax on a home worth $245,800, an effective rate of 1.09%. The national effective rate is 0.98%.

Effective rate 1.09% #16 of 83 in Minnesota
Median tax bill $2,675 per year
Median home value $245,800 owner-occupied
Median income $80,133 household

What the rate means here

Wabasha County taxes property at 1.09%, within a rounding error of the national 0.98%. That makes the $2,675 median bill mostly a statement about local house prices rather than about local tax policy.

It ranks #16 of 83 Minnesota counties by effective rate, against a statewide 1.04%, and #866 nationally. The state runs from 1.24% in Ramsey County down to 0.57% in Aitkin County.

The median home costs 3.07 times the median household income of $80,133, close to the national 3.86. This is a small rural county of 21,519 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 $2,725 per year at 1.09%
$400,000 home $4,360 per year at 1.09%
$600,000 home $6,540 per year at 1.09%

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

Housing and income

Wabasha County, Minnesota against Minnesota and the country
Wabasha County Minnesota United States
Effective property tax 1.09% 1.04% 0.98%
Median tax bill $2,675 $3,184 $2,969
Median home value $245,800 $305,500 $303,400
Median gross rent $798 $1,235 $1,348
Median household income $80,133 $87,556 $78,538
Home price to income 3.07× 3.49× 3.86×
Rent as share of income 11.95% 16.93% 20.6%
Owner-occupied 81.61% 72.39% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 21,519.

Nearby counties of similar size

Other Minnesota counties
County Rate Median bill Home value
Fillmore County 0.95% $1,932 $204,000
Hubbard County 0.82% $2,087 $255,900
Nobles County 0.93% $1,674 $179,200
Dodge County 1.08% $2,902 $267,500
Martin County 0.97% $1,547 $158,800

Wabasha County property tax: common questions

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

The effective rate is 1.09% of home value, from a median tax bill of $2,675 against a median home value of $245,800. That is 0.11 points above the national 0.98%.

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

Roughly $4,360 a year at the county effective rate of 1.09%.

Is Wabasha County expensive compared with the rest of Minnesota?

It ranks #16 of 83 Minnesota counties by effective property tax rate, and #866 of 2,826 nationally. That is 0.05 points above the Minnesota average of 1.04%.

What does housing cost in Wabasha County?

The median home is worth $245,800 and median gross rent is $798 a month. Median household income is $80,133, which puts the home at 3.07 times annual income and rent at 11.95% of it.