StateRates

Wright County, Minnesota property tax

The median homeowner in Wright County, Minnesota pays $3,319 a year in property tax on a home worth $332,800, an effective rate of 1.00%. The national effective rate is 0.98%.

Effective rate 1.00% #39 of 83 in Minnesota
Median tax bill $3,319 per year
Median home value $332,800 owner-occupied
Median income $106,666 household

What the rate means here

Wright County taxes property at 1.00%, within a rounding error of the national 0.98%. The median bill of $3,319 therefore tracks the median home value of $332,800 fairly directly, which is not true everywhere.

It ranks #39 of 83 Minnesota counties by effective rate, against a statewide 1.04%, and #1,041 nationally. The state runs from 1.24% in Ramsey County down to 0.57% in Aitkin County.

The median home costs 3.12 times the median household income of $106,666, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. The county has 145,270 residents, which is small enough that the medians describe a reasonably coherent market.

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

Wright County, Minnesota against Minnesota and the country
Wright County Minnesota United States
Effective property tax 1.00% 1.04% 0.98%
Median tax bill $3,319 $3,184 $2,969
Median home value $332,800 $305,500 $303,400
Median gross rent $1,246 $1,235 $1,348
Median household income $106,666 $87,556 $78,538
Home price to income 3.12× 3.49× 3.86×
Rent as share of income 14.02% 16.93% 20.6%
Owner-occupied 84.26% 72.39% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 145,270.

Nearby counties of similar size

Other Minnesota counties
County Rate Median bill Home value
Scott County 1.07% $4,195 $393,500
Stearns County 1.02% $2,617 $256,500
Olmsted County 1.09% $3,314 $304,500
Carver County 1.03% $4,380 $426,900
Sherburne County 1.00% $3,311 $332,700

Wright County property tax: common questions

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

The effective rate is 1.00% of home value, from a median tax bill of $3,319 against a median home value of $332,800. That is 0.02 points above the national 0.98%.

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

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

Is Wright County expensive compared with the rest of Minnesota?

It ranks #39 of 83 Minnesota counties by effective property tax rate, and #1041 of 2,826 nationally. That is 0.04 points below the Minnesota average of 1.04%.

What does housing cost in Wright County?

The median home is worth $332,800 and median gross rent is $1,246 a month. Median household income is $106,666, which puts the home at 3.12 times annual income and rent at 14.02% of it.