Detroit Lakes, Becker County, Minnesota Property Taxes

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

Median Detroit Lakes, MN effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Detroit Lakes, MN home value: $258,750
Median annual Detroit Lakes, MN tax bill: $2,194, $206 lower than the national median property tax bill of $2,400.

How are property taxes in Becker County calculated?

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

Last Updated March 1, 2025

Detroit Lakes, Becker County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.71%

Estimate Property Tax Bill

$2,128

$1,975

Ownwell’s Detroit Lakes Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Detroit Lakes with just two data points. By entering your property's estimated assessed value, our calculator applies Detroit Lakes’ 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 Becker County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Detroit Lakes, Becker 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.

In Detroit Lakes, located in Becker County, MN, the effective property tax rate stands at 0.79%. This rate is notably below the national median property tax rate of 1.02%, making it an attractive option for property owners. Comparatively, the median tax rate in Minnesota aligns with Detroit Lakes, reflecting a consistent approach to property taxation across the region.

The lower tax rate in Detroit Lakes can offer significant savings for homeowners, especially when contrasted with the national average. This financial advantage, coupled with the community's appeal, provides a compelling reason for property investment in the area. Whether you're a current resident or considering a move, understanding these tax dynamics can help you make informed decisions about your property investments.

Property Tax Rates Across Detroit Lakes, Becker County, Minnesota

Source: Ownwell

0.51%

0.66%

0.80%

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 Detroit Lakes Tax Rate

0.71%

Median Effective Becker County Tax Rate

0.62%

Median Effective Minnesota Tax Rate

1.13%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Detroit Lakes, Becker County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56501	0.50%	0.58%	0.71%	0.93%	1.03%

Source: Ownwell

Property Tax Assessment Values Across Detroit Lakes, Becker County, Minnesota

When examining property taxes in Detroit Lakes, 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 Becker 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 Becker County 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 Detroit Lakes. For example, the median home price in Detroit Lakes is $258,750, with tax bills ranging significantly across the county. 56501 has the highest median home price at $258,700.

Property Tax Assessment Values Across Detroit Lakes, Becker County, Minnesota

Source: Ownwell

$198,100

$320,550

$443,000

Median Detroit Lakes Market Value

$299,700

Median Becker County Market Value

$287,700

Median Minnesota Market Value

$304,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Detroit Lakes, Becker County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56501	$62,760	$167,625	$299,900	$495,150	$796,810

Source: Ownwell

Property Tax Bills Across Detroit Lakes, Becker County, Minnesota

In Detroit Lakes, Becker County, MN, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is influenced by factors such as market trends and property characteristics. Homeowners in this region experience a median tax bill of $2,194, which is slightly below the national median of $2,400. This indicates a relatively moderate tax burden compared to other areas. However, individual tax bills can vary significantly, ranging from the 25th percentile of $1,226 to the 90th percentile of $5,449. These variations depend on factors like location, home value, and any applicable exemptions. Ownwell assists homeowners by identifying potential savings through tax appeals and exemptions. By analyzing property assessments and market conditions, Ownwell can challenge overvaluations, ensuring homeowners pay only their fair share. This service can be particularly beneficial in Detroit Lakes, where reducing a tax bill can lead to significant savings.

Property Tax Bills Across Detroit Lakes, Becker County, Minnesota

Source: Ownwell

$1,209

$1,755

$2,300

Median Detroit Lakes Tax Bill

$2,244

Median Becker County Tax Bill

$1,896

Median Minnesota Tax Bill

$3,364

Median United States Tax Bill

$2,400

Property Tax Bills Across Detroit Lakes, Becker County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56501	$420	$1,228	$2,246	$3,593	$6,055

Source: Ownwell