Tamarack, Aitkin County, Minnesota Property Taxes
Property Taxes in Tamarack, Minnesota
Median Tamarack, Minnesota effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, and lower than the Minnesota state median of 1.13%.
Median Tamarack, Minnesota home value: $171,900
Median annual Tamarack, Minnesota tax bill: $759, $1,641 lower than the national median property tax bill of $2,400.
How are property taxes in Aitkin calculated?
Property taxes in Tamarack, Minnesota are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Tamarack's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tamarack, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Tamarack, Aitkin County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.5%
Estimate Property Tax Bill
$860
$798
How Does the Tamarack Property Tax Calculator Work?
Use this Tamarack property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Tamarack's median effective tax rate of 0.50% — based on actual property records in Aitkin County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Tamarack's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Tamarack: rates are 0.50% in 55787, with no variation shown in the available data. Tamarack's median property tax bill is $759, which is lower than the $2,400 national median property tax bill and $1,641 below the state median tax bill.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Tamarack.
About Tamarack Property Taxes
About Property Taxes in Tamarack, Aitkin, Minnesota
Tamarack's median effective property tax rate of 0.50% is lower than the Minnesota state median of 1.13% and lower than the national median of 1.02%. This rate reflects the Aitkin County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Tamarack. Homeowners in the 55787 ZIP code carry a median effective rate of 0.50%, while those in the 55787 pay 0.50%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Aitkin County. Understanding which part of Tamarack you live in can make a meaningful difference to your annual tax bill.
Tamarack homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 31, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Tamarack, Aitkin County, Minnesota
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Tamarack's effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Tamarack Tax Rate
0.50%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Aitkin County Tax Rate
0.53%
Median Effective Minnesota Tax Rate
1.13%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Tamarack, Aitkin County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55787 | 0.33% | 0.45% | 0.50% | 0.54% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Tamarack, Aitkin County, Minnesota
When examining property taxes in Tamarack, Minnesota, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Aitkin County assessor estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Aitkin County, assessment notices are sent in March each year. They'll typically reach your mailbox by the middle of March.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. For Tamarack, the median home price is $171,900, while the median tax bill is $759. That compares with the national median property tax rate of 1.02% and the national median property tax bill of $2,400.
Property Tax Assessment Values Across Tamarack, Aitkin County, Minnesota
Source: Ownwell
$124,000
$183,775
$243,550
Median Tamarack Market Value
$171,900
Median Aitkin County Market Value
$205,000
Median Minnesota Market Value
$304,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Tamarack, Aitkin County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55787 | $49,860 | $96,750 | $171,900 | $254,750 | $380,680 |
Source: Ownwell
Property Tax Bills Across Tamarack, Aitkin County, Minnesota
Property tax bills in Tamarack are based on the assessed value of a home and the local tax rate set for Aitkin County. When a property is valued, that assessed value is used to calculate the tax bill, so homes with higher market values generally face higher taxes. For homeowners, this means the bill can vary depending on both the property’s value and any changes in local tax rates.
The median home price in Tamarack is $171,900, and the median property tax bill is $759, which is well below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Bills can still differ widely, with the 25th percentile at $424 and the 75th percentile at $1,236. For some homeowners, property taxes are a manageable annual expense, while for others, especially those with rising assessed values, they can become a larger part of the cost of owning a home.
Median Tamarack Tax Bill
$759
Median Aitkin County Tax Bill
$980
Median Minnesota Tax Bill
$3,364
Median United States Tax Bill
$2,400
Property Tax Bills Across Tamarack, Aitkin County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55787 | $233 | $424 | $759 | $1,236 | $2,019 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 31 |
Links | |
|---|---|
| Aitkin Tax Assessor | |
| Website | gisweb.aitkincountymn.gov |