Circle Pines, Anoka County, Minnesota Property Taxes

Name: Property Tax Bills Across Circle Pines, Anoka County, Minnesota
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Circle Pines, MN effective property tax rate: 1.08%, slightly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%. Median Circle Pines, MN home value: $337,500. Median annual Circle Pines, MN tax bill: $3,672, $1,272 higher than the national median property tax bill of $2,400.

How are property taxes in Anoka County calculated?

Property taxes in Circle Pines, MN 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 Circle Pines’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Circle Pines, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Circle Pines, Anoka County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.08%

Estimate Property Tax Bill

$3,645

$3,382

Ownwell’s Circle Pines Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Circle Pines with just two data points. By entering your property's estimated assessed value, our calculator applies Circle Pines’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Anoka County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Circle Pines, Anoka County, Minnesota

Local government entities set tax rates, which can vary widely within a state. This is because each county annually 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. In Circle Pines, located in Anoka County, Minnesota, the property tax rate stands at 1.08%, aligning with the highest and lowest rates in the area. This rate is slightly above the national median property tax rate of 1.02%. The property tax bill in Circle Pines is also influenced by this rate, which can affect homeowners' expenses compared to the national median bill of $2,400. Understanding these rates can help homeowners make informed decisions about property investments and financial planning.

Property Tax Rates Across Circle Pines, Anoka County, Minnesota

Source: Ownwell

0.77%

0.97%

1.16%

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 Circle Pines Tax Rate

1.08%

Median Effective Anoka County Tax Rate

0.96%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Circle Pines, Anoka County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55014	0.95%	1.02%	1.08%	1.12%	1.20%

Source: Ownwell

Property Tax Assessment Values Across Circle Pines, Anoka County, Minnesota

When examining property taxes in Circle Pines, MN, 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 Anoka County Assessor's Office 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. In Anoka County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Circle Pines. For example, the median home price in Circle Pines is $337,500, with tax bills ranging significantly across the county. Zip code 55014 has the highest median home price at $337,500.

Property Tax Assessment Values Across Circle Pines, Anoka County, Minnesota

Source: Ownwell

$270,950

$412,600

$554,250

Median Circle Pines Market Value

$337,500

Median Anoka County Market Value

$327,000

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Circle Pines, Anoka County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55014	$209,010	$277,725	$337,500	$410,850	$496,100

Source: Ownwell

Property Tax Bills Across Circle Pines, Anoka County, Minnesota

In Circle Pines, located in Anoka County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to determine the amount owed. With a median home price of $337,500, the property tax bill in Circle Pines can vary significantly. For instance, homeowners in the 25th percentile face tax bills of approximately $2,950, while those in the 75th percentile encounter bills around $4,495. The 90th percentile sees even higher bills of about $5,421. Compared to the national median property tax bill of $2,400, many Circle Pines residents face higher tax obligations. This can be a financial burden for homeowners, but Ownwell can help by providing property tax appeal services. By reviewing assessments and identifying potential savings, Ownwell can assist homeowners in reducing their property tax bills, ensuring they only pay what is fair and accurate.

Property Tax Bills Across Circle Pines, Anoka County, Minnesota

Source: Ownwell

$2,749

$4,432

$6,114

Median Circle Pines Tax Bill

$3,672

Median Anoka County Tax Bill

$3,246

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Circle Pines, Anoka County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55014	$2,098	$2,950	$3,672	$4,495	$5,421

Source: Ownwell