Swift County, Minnesota Property Taxes
Census Bureau ACS property tax data for Minnesota. Population: 3,072.
The median annual property tax in Swift County is $1,258, which is 42% lower than the Minnesota state average and 35% below the national average. The effective tax rate is 0.86% on a median home value of $147,100. Property taxes represent 2.0% of the median household income in this county.
Median Annual Tax
$1,258
-42% vs State
-35% vs US
Median Home Value
$147,100
-34% vs State
-30% vs US
Effective Tax Rate
0.86%
-11% vs State
-9% vs US
With vs Without Mortgage
With Mortgage
$1,309
$109/mo
Without Mortgage
$1,219
$102/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 | $1,258 +7.6% | 0.86% |
| 2022 | $1,169 +10.0% | 0.88% |
| 2021 | $1,063 +0.9% | 0.93% |
| 2020 | $1,053 +4.2% | 0.93% |
| 2019 | $1,011 | 0.97% |
Tax Burden
Tax-to-Income Ratio
2.0%
of median household income
Median Income
$62,601
per year
Monthly Tax
$105
per month
Other Counties in Minnesota
Renville County
Tax: $1,543/yr Rate: 1.02%
Norman County
Tax: $1,341/yr Rate: 0.99%
Martin County
Tax: $1,547/yr Rate: 0.97%
Blue Earth County
Tax: $2,487/yr Rate: 0.98%
Pine County
Tax: $1,973/yr Rate: 0.87%
Meeker County
Tax: $2,159/yr Rate: 0.94%
Frequently Asked Questions
What is the average property tax in Swift County, Minnesota? ▼
The median annual property tax in Swift County is $1,258 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.86% on a median home value of $147,100.
How does Swift County property tax compare to the national average? ▼
Property taxes in Swift County are 35% below the national average of $1,923. The effective rate of 0.86% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Swift County? ▼
In Swift County, homeowners with a mortgage pay a median of $1,309 in annual property taxes, while homeowners without a mortgage pay $1,219. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Swift County? ▼
Property taxes in Swift County represent approximately 2.0% of the median household income of $62,601. 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.