Hennepin County, Minnesota Property Taxes
Census Bureau ACS property tax data for Minnesota. Population: 336,521.
The median annual property tax in Hennepin County is $4,337, which is 100% higher than the Minnesota state average and 126% above the national average. The effective tax rate is 1.15% on a median home value of $376,500. Property taxes represent 4.5% of the median household income in this county.
Median Annual Tax
$4,337
+100% vs State
+126% vs US
Median Home Value
$376,500
+69% vs State
+78% vs US
Effective Tax Rate
1.15%
+19% vs State
+21% vs US
With vs Without Mortgage
With Mortgage
$4,357
$363/mo
Without Mortgage
$4,294
$358/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $4,337 +4.7% | 1.15% |
| 2022 | $4,142 +9.0% | 1.16% |
| 2021 | $3,800 +4.5% | 1.23% |
| 2020 | $3,637 +3.8% | 1.25% |
| 2019 | $3,505 | 1.27% |
Tax Burden
Tax-to-Income Ratio
4.5%
of median household income
Median Income
$96,339
per year
Monthly Tax
$361
per month
Other Counties in Minnesota
Houston County
Tax: $2,633/yr Rate: 1.16%
Cottonwood County
Tax: $1,737/yr Rate: 1.13%
Pennington County
Tax: $2,300/yr Rate: 1.22%
Roseau County
Tax: $1,644/yr Rate: 0.93%
Dakota County
Tax: $3,610/yr Rate: 1.00%
Pipestone County
Tax: $1,154/yr Rate: 0.91%
Frequently Asked Questions
What is the average property tax in Hennepin County, Minnesota? ▼
The median annual property tax in Hennepin County is $4,337 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.15% on a median home value of $376,500.
How does Hennepin County property tax compare to the national average? ▼
Property taxes in Hennepin County are 126% above the national average of $1,923. The effective rate of 1.15% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Hennepin County? ▼
In Hennepin County, homeowners with a mortgage pay a median of $4,357 in annual property taxes, while homeowners without a mortgage pay $4,294. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Hennepin County? ▼
Property taxes in Hennepin County represent approximately 4.5% of the median household income of $96,339. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.