Vernon Center, Blue Earth County, Minnesota Property Taxes

Name: Property Tax Bills Across Vernon Center, Blue Earth County, Minnesota
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Vernon Center, MN effective property tax rate: 1.11%, significantly higher than the national median of 1.02%, but lower than the MN state median of 1.11%.
Median Vernon Center, MN home value: $179,100
Median annual Vernon Center, MN tax bill: $1,913, $487 lower than the national median property tax bill of $2,400.

How are property taxes in Blue Earth calculated?

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

Last Updated March 1, 2025

Vernon Center, Blue Earth County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.07%

Estimate Property Tax Bill

$2,266

$2,103

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

Property Tax Rates Across Vernon Center, Blue Earth County, Minnesota

Local government entities determine tax rates, which can differ significantly within Minnesota. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. Although setting tax rates and budgets involves votes and laws, this annual process is fundamentally straightforward.

In Vernon Center, located in Blue Earth County, property tax rates reflect this process. The effective property tax rate is influenced by the county's budgetary needs and the total assessed value of properties. When compared to other cities in Minnesota, Vernon Center's rate offers a unique perspective on the state's property tax landscape. While Minnesota's median property tax rate stands at 1.11%, it is slightly above the national median of 1.02%. This comparison highlights the variability in property tax rates across different regions. Understanding these differences can provide valuable insights for property owners looking to manage their tax liabilities effectively. By staying informed about local tax trends, residents can make more informed financial decisions and potentially benefit from property tax appeal and exemption services.

Property Tax Rates Across Vernon Center, Blue Earth County, Minnesota

Source: Ownwell

0.52%

1.13%

1.74%

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 Vernon Center Tax Rate

1.07%

Median Effective Blue Earth County Tax Rate

1.05%

Median Effective Minnesota Tax Rate

1.13%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Vernon Center, Blue Earth County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56090	0.42%	0.62%	1.07%	1.59%	1.93%

Source: Ownwell

Property Tax Assessment Values Across Vernon Center, Blue Earth County, Minnesota

When examining property taxes in Vernon Center, 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 Blue Earth 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 Blue Earth 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 Vernon Center.

For example, the median home price in Vernon Center is $179,100, with tax bills ranging significantly across the county. 56090 has the highest median home price at $179,100.

Property Tax Assessment Values Across Vernon Center, Blue Earth County, Minnesota

Source: Ownwell

$188,450

$367,825

$547,200

Median Vernon Center Market Value

$211,800

Median Blue Earth County Market Value

$266,600

Median Minnesota Market Value

$304,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Vernon Center, Blue Earth County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56090	$98,120	$139,600	$211,800	$335,500	$990,200

Source: Ownwell

Property Tax Bills Across Vernon Center, Blue Earth County, Minnesota

In Vernon Center, located in Blue Earth County, MN, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $179,100, homeowners in this area experience a range of tax bills. The 25th percentile tax bill is $1,254, while the 75th percentile reaches $2,686, and the 90th percentile can be as high as $3,401. The median tax bill in the zip code 56090 stands at $1,913. This figure is below the national median property tax bill of $2,400, offering some relief to local homeowners. However, understanding how these taxes are determined is crucial for homeowners looking to manage their expenses. Factors such as changes in assessed home values and local tax rates can significantly impact the final bill. By partnering with Ownwell, homeowners can explore opportunities for appealing their property taxes, potentially lowering their tax obligations and ensuring they are not overpaying. Ownwell’s expertise in property tax appeals and exemptions can be a valuable resource in maximizing savings.

Property Tax Bills Across Vernon Center, Blue Earth County, Minnesota

Source: Ownwell

$1,818

$2,960

$4,102

Median Vernon Center Tax Bill

$2,241

Median Blue Earth County Tax Bill

$2,792

Median Minnesota Tax Bill

$3,364

Median United States Tax Bill

$2,400

Property Tax Bills Across Vernon Center, Blue Earth County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56090	$956	$1,612	$2,241	$3,248	$4,518

Source: Ownwell