Minnesota · County property tax · ACS 2024
Lake of the Woods County Property Taxes
The median homeowner in Lake of the Woods County pays $1,419 a year, an effective rate of 0.66%, well below the U.S. average.
- $1,419
- Median tax / yr · Below-median bill
- 0.66%
- Effective rate · Below-median rate
- -29%
- vs U.S. average
- #85 of 87
- rank in MN
The verdict
Homeowners in Lake of the Woods County pay a median $1,419 a year in property tax, an effective rate of 0.66%, more affordable than 64% of U.S. counties (Census ACS 2024).
- $1,419
- Median annual tax bill, 2024
- 0.66%
- Effective rate on median home
- #1116 of 3135
- U.S. counties by tax burden
- -29%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($216,100). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Minnesota. Population: 3,821. Owner-occupied homes: 1,486.
The median annual property tax in Lake of the Woods County is $1,419, which is 58% lower than the Minnesota state average and 29% below the national average. The effective tax rate is 0.66% on a median home value of $216,100. Property taxes represent 1.8% of the median household income in this county.
Lake of the Woods County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Lake of the Woods County's 0.66% effective rate sits near the middle of 3,135 tracked counties (more affordable than 64%).
Decision signal 2
The bill sits well below the national median
Homeowners in Lake of the Woods County pay a median annual property tax of $1,419, well below the national median and far below the Minnesota state median. On a $216,100 median home, that works out to an effective rate of 0.66% once the local assessment base and millage are combined.
Decision signal 3
High among Minnesota counties by effective rate
Lake of the Woods County ranks #85 of 87 counties in Minnesota by effective rate (2% of in-state counties pay a lower rate).
Decision signal 4
Income carries a light tax share
Property taxes in Lake of the Woods County run a bit below the commonly cited 2%-4% national benchmark, at about 1.8% of the $77,546 median household income.
Informational notice
Figures describe the median homeowner household in Lake of the Woods County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
The rate held while the market moved
Lake of the Woods County sits in the quarter of U.S. counties whose effective rate moved least over this span: 0.7% down, against a median home value that rose 20.4%.
A near-steady rate on a moving market passes that movement straight through: the median bill rose 19.5%, from $1,187 to $1,419.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
Bills rose across 2020-2024, from $1,187 to $1,419, a gain of 20%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.
The fullest band here is the $800 to $1,499 range, holding 403 of 1,486 owner-occupied homes (27.1%). The band shows where the largest share of reported owner-occupied households falls; it is not an individual-bill estimate.
Top-quartile earnings meet a below-median rate, putting the median bill at 1.8% of median household income. Counties in this position span a wide range on the ratio above, because the dollar bill tracks home values rather than the rate.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
Lake of the Woods County is an outlier inside Minnesota
Across the 87 Minnesota counties with a published rate, the average effective rate is 0.96%. Lake of the Woods County is at 0.66%, which sits 2.0 standard deviations below that average. Fewer than one county in twenty nationally is this far from its own state's centre, so a state-level average is a poor guide to what is owed here.
Standard deviations are computed across every county in the state with a published effective rate for 2024; states with fewer than five such counties are not assessed.
What Lake of the Woods County Homeowners Actually Pay
The single largest group of Lake of the Woods County homeowners, 403 of 1,486 owner-occupied homes (27.1%), pays $800 to $1,499 a year. The median is one point in this spread, not a typical bill.
- Less than $800 25.0% (372)
- $800 to $1,499 27.1% (403)
- $1,500 to $1,999 9.8% (146)
- $2,000 to $2,999 19.7% (293)
- $3,000 or more 17.7% (263)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
With vs Without Mortgage
Mortgaged and non-mortgaged homeowners in Lake of the Woods County pay about the same bill, within a 6% gap either way.
Lake of the Woods County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Lake of the Woods County's effective rate is higher than 2% of the 87 counties in Minnesota - ranking #85 of 87.
Where Lake of the Woods County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.66% Among the most affordable more affordable than 64% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
Below Minnesota on both measures
Lake of the Woods County's effective rate runs 35% under the Minnesota median and its bill 58% under. Both sitting on the same side means the gap is not a valuation artefact: a county can post a low rate purely because its homes are expensive, but then the bill rises to meet the state. Here it does not, so the $1,419 median bill reflects a genuinely lighter charge than the Minnesota norm rather than a different denominator. Compare it against the state page before reading anything into the county rank.
Lake of the Woods County vs Benchmarks
| Metric | Lake of the Woods County | Minnesota Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Below-median bill | |||
| Effective Tax Rate Below-median rate | |||
| Median Home Value | |||
| Tax as % of income Below-median income burden | 1.8% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Lake of the Woods County is QUIET · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Minnesota counties.
Lake of the Woods County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,419 -6.6% | 0.66% |
| 2023 | $1,520 +8.6% | 0.71% |
| 2022 | $1,399 +7.4% | 0.68% |
| 2021 | $1,303 +9.8% | 0.72% |
| 2020 | $1,187 | 0.66% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Lake of the Woods County: tax takes only 1.8% of income
Counties near Lake of the Woods County's effective rate
On effective rate, Lake of the Woods County sits nearest Suffolk County (MA), Washington County (KY), Trimble County (KY).
On published median-tax change, the nearest matches are Starr County (TX), Middlesex County (MA), Baltimore city (MD).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Lake of the Woods County: only 2% of returns show Schedule A real-estate tax
Tax year 2022: 50 of 2,060 returns from Lake of the Woods County reported real estate taxes, averaging $2,380 - 60% of those reporters sat in the $100-200k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in Minnesota
Lake of the Woods County rate FAQs
- How does Lake of the Woods County property tax compare to the national average?
- Property taxes in Lake of the Woods County run well below the national median of $1,993, an effective rate of 0.66% versus 0.92% nationally.
- What is the tax affordability score for Lake of the Woods County?
- Lake of the Woods County, Minnesota scores B (70/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is mortgage premium at A+ ($-82). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- What is the average property tax in Lake of the Woods County, Minnesota?
- The median annual property tax in Lake of the Woods County is $1,419, an effective rate of 0.66% on a $216,100 median home (Census ACS, 2024).
- What percentage of income goes to property taxes in Lake of the Woods County?
- Property taxes in Lake of the Woods County run a bit below the commonly cited 2%-4% national benchmark, at about 1.8% of the $77,546 median household income.
- Are property taxes increasing in Lake of the Woods County?
- The ACS median property-tax bill for Lake of the Woods County climbed 19.5% between the 2020 and 2024 5-year releases, from $1,187 to $1,419, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
What to do with Lake of the Woods County's QUIET rate
Lake of the Woods County's $1,419 median bill sits well below the U.S. median - still size a parcel estimate; local millage and exemptions move the real bill. Estimate your bill →
Income burden is light here: about 1.8% of Lake of the Woods County's $77,546 median household income goes to the property-tax bill.
Nationwide peers by effective rate (then bill)
Rate-first peers for Lake of the Woods County's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.66%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,419/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Lake of the Woods County
Nearest ABS(median_tax) ACS peers for Lake of the Woods County (QUIET · LIGHT), replacing the old fixed Keep exploring strip.
QUIET LIGHT
Goshen County, WY
ABS(median_tax) peer · tied with Lake of the Woods County at $1,419/yr; rate 0.59% vs Lake of the Woods County 0.66%.
Lincoln County, KS
ABS(median_tax) peer · tied with Lake of the Woods County at $1,419/yr; rate 1.46% vs Lake of the Woods County 0.66%.
Tift County, GA
ABS(median_tax) peer · tied with Lake of the Woods County at $1,419/yr; rate 0.86% vs Lake of the Woods County 0.66%.
Gallia County, OH
ABS(median_tax) peer · $1,418/yr (near-tied bill ABS $1); rate 0.91% vs Lake of the Woods County 0.66%.
Minnesota county set
State ACS overview for every published Minnesota county rate and median bill.
Assessment cycle basics
Lake of the Woods County stamps QUIET · LIGHT - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. 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.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Lake of the Woods County (QUIET · LIGHT) - ACS medians, not a parcel bill.