Watonwan County, Minnesota Property Taxes
Census Bureau ACS property tax data for Minnesota. Population: 3,373.
The median annual property tax in Watonwan County is $1,557, which is 28% lower than the Minnesota state average and 19% below the national average. The effective tax rate is 1.03% on a median home value of $151,600. Property taxes represent 2.2% of the median household income in this county.
Median Annual Tax
$1,557
-28% vs State
-19% vs US
Median Home Value
$151,600
-32% vs State
-28% vs US
Effective Tax Rate
1.03%
+6% vs State
+8% vs US
With vs Without Mortgage
With Mortgage
$1,854
$155/mo
Without Mortgage
$1,308
$109/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 | $1,557 +15.5% | 1.03% |
| 2022 | $1,348 +8.5% | 1.13% |
| 2021 | $1,242 +15.9% | 1.17% |
| 2020 | $1,072 +5.5% | 1.09% |
| 2019 | $1,016 | 1.05% |
Tax Burden
Tax-to-Income Ratio
2.2%
of median household income
Median Income
$70,593
per year
Monthly Tax
$130
per month
Other Counties in Minnesota
Stevens County
Tax: $1,459/yr Rate: 0.81%
Lyon County
Tax: $2,021/yr Rate: 1.05%
Lake County
Tax: $1,674/yr Rate: 0.75%
Lake of the Woods County
Tax: $1,520/yr Rate: 0.71%
Wilkin County
Tax: $1,310/yr Rate: 0.76%
Grant County
Tax: $1,677/yr Rate: 0.94%
Frequently Asked Questions
What is the average property tax in Watonwan County, Minnesota? ▼
The median annual property tax in Watonwan County is $1,557 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.03% on a median home value of $151,600.
How does Watonwan County property tax compare to the national average? ▼
Property taxes in Watonwan County are 19% below the national average of $1,923. The effective rate of 1.03% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Watonwan County? ▼
In Watonwan County, homeowners with a mortgage pay a median of $1,854 in annual property taxes, while homeowners without a mortgage pay $1,308. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Watonwan County? ▼
Property taxes in Watonwan County represent approximately 2.2% of the median household income of $70,593. 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.