Isanti, Anoka County, Minnesota Property Taxes

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

Median Isanti, MN effective property tax rate: 1.10%, slightly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Isanti, MN home value: $314,200
Median annual Isanti, MN tax bill: $3,456, $1,056 higher than the national median property tax bill of $2,400.

How are property taxes in Anoka County calculated?

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

Last Updated March 1, 2025

Isanti, Anoka County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$3,456

$3,207

Ownwell’s Isanti Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Isanti with just two data points. By entering your property's estimated assessed value, our calculator applies Isanti’s 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 Isanti, Anoka County, Minnesota

Local government entities set tax rates, which can vary widely within a state. 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 Isanti’s effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.

Isanti, located in Anoka County, reflects a property tax rate of 1.10%, aligning it with the highest and lowest median tax rates in the area. Interestingly, this rate is slightly above the national median property tax rate of 1.02%, suggesting that property owners in Isanti might experience a higher tax burden compared to the national average. However, it is essential to consider the services and infrastructure that these taxes support, which can vary greatly from one locality to another. By understanding these nuances, property owners can better navigate their tax obligations and potentially identify opportunities for appeals or exemptions.

Property Tax Rates Across Isanti, 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 Isanti Tax Rate

1.10%

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 Isanti, Anoka County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55040	0.86%	0.90%	1.10%	1.25%	1.29%

Source: Ownwell

Property Tax Assessment Values Across Isanti, Anoka County, Minnesota

When examining property taxes in Isanti, 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 Anoka County Appraisal District 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 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 Isanti. For example, the median home price in Isanti is $314,200, with tax bills ranging significantly across the county. 55040 has the highest median home price at $314,200.

Property Tax Assessment Values Across Isanti, Anoka County, Minnesota

Source: Ownwell

$270,950

$412,600

$554,250

Median Isanti Market Value

$314,200

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 Isanti, Anoka County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55040	$246,020	$286,250	$314,200	$363,000	$446,290

Source: Ownwell

Property Tax Bills Across Isanti, Anoka County, Minnesota

In Isanti, located in Anoka County, MN, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the tax bill. With a median home price of $314,200, homeowners in Isanti face property tax bills that can vary significantly. For instance, the tax bill at the 25th percentile is $3,069, while at the 75th percentile, it rises to $3,774. The 90th percentile tax bill reaches $4,328, reflecting the impact of higher home values. These figures are notably above the national median property tax bill of $2,400, indicating a higher property tax burden for Isanti homeowners. Ownwell offers valuable assistance by helping homeowners navigate the complexities of property tax appeals and exemptions. By leveraging expert knowledge and local insights, Ownwell can identify potential savings opportunities, ensuring that homeowners pay only what is fair and potentially reducing their property tax bills significantly.

Property Tax Bills Across Isanti, Anoka County, Minnesota

Source: Ownwell

$2,749

$4,432

$6,114

Median Isanti Tax Bill

$3,456

Median Anoka County Tax Bill

$3,246

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Isanti, Anoka County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55040	$2,809	$3,069	$3,456	$3,774	$4,328

Source: Ownwell