Saint Cloud, Benton County, Minnesota Property Taxes
Median SAINT CLOUD, MN effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median SAINT CLOUD, MN home value: $171,200
Median annual SAINT CLOUD, MN tax bill: $2,050, $350 lower than the national median property tax bill of $2,400.
How are property taxes in Benton calculated?
Property taxes in SAINT CLOUD, 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 SAINT CLOUD’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SAINT CLOUD, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Saint Cloud, Benton County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.19%
Estimate Property Tax Bill
$2,037
$1,891
Property Tax Rates Across Saint Cloud, Benton County, Minnesota
Local government entities set tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide necessary services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the essence of the annual process.
In Saint Cloud, located in Benton County, MN, the effective property tax rate is 1.19%. This rate is higher than the national median property tax rate of 1.02%. Comparatively, Saint Cloud's tax rate aligns with the highest and lowest median tax rates in the area, both recorded at 1.19% in the 56304 zip code. This suggests a uniformity in tax rates within the region. When considering the national median property tax bill of $2400, it's important to assess how these rates impact homeowners in terms of annual tax expenses. Understanding these differences can help property owners make informed decisions about property investments and tax appeals.
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 Saint Cloud Tax Rate
1.19%
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 Benton County Tax Rate
1.02%
Median Effective Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Saint Cloud, Benton County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56304 | 0.76% | 1.06% | 1.19% | 1.32% | 1.50% |
| 56301 | N/A | N/A | N/A | N/A | N/A |
| 56303 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Saint Cloud, Benton County, Minnesota
When examining property taxes in Saint Cloud, 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 Benton 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.
In Benton 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 Saint Cloud. For example, the median home price in Saint Cloud is $171,200, with tax bills ranging significantly across the county. Zip code 56304 has the highest median home price at $171,350.
Property Tax Assessment Values Across Saint Cloud, Benton County, Minnesota
Source: Ownwell
$171,350
$271,225
$371,100
Median Saint Cloud Market Value
$171,200
Median Benton County Market Value
$250,700
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Saint Cloud, Benton County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56304 | $8,000 | $122,225 | $171,350 | $242,825 | $332,120 |
| 56301 | N/A | N/A | N/A | N/A | N/A |
| 56303 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Saint Cloud, Benton County, Minnesota
In Saint Cloud, located in Benton County, MN, property tax bills are calculated based on the assessed value of a home, which reflects its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For homeowners in Saint Cloud, the median property tax bill is $2,051, which is below the national median of $2,400. Factors influencing the tax bill include the home's assessed value and the local tax rate. For example, homes in the 25th percentile have tax bills around $1,270, while those in the 75th percentile face bills of approximately $2,895.
These taxes can significantly impact homeowners, especially when the assessed value rises, leading to higher bills. However, Ownwell can assist homeowners in Saint Cloud by identifying potential savings through property tax appeals and exemptions. By evaluating the assessed value and ensuring it aligns with the current market value, Ownwell helps reduce tax bills, offering relief to homeowners burdened by high property taxes.
Median Saint Cloud Tax Bill
$2,050
Median Benton County Tax Bill
$2,428
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Saint Cloud, Benton County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56304 | $72 | $1,272 | $2,051 | $2,903 | $4,093 |
| 56301 | N/A | N/A | N/A | N/A | N/A |
| 56303 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell