Wright, Carlton County, Minnesota Property Taxes

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

Median Wright, MN effective property tax rate: 0.98%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Wright, MN home value: $135,300
Median annual Wright, MN tax bill: $1,354, $1,046 lower than the national median property tax bill of $2,400.

How are property taxes in Carlton calculated?

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

Last Updated March 1, 2025

Wright, Carlton County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.98%

Estimate Property Tax Bill

$1,326

$1,230

Ownwell’s Wright Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wright with just two data points. By entering your property's estimated assessed value, our calculator applies Wright’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value—determined by Carlton 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 Carlton County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Wright, Carlton County, Minnesota

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

Property Tax Rates Across Wright, Carlton County, Minnesota

Source: Ownwell

0.89%

1.18%

1.47%

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 Wright Tax Rate

0.98%

Median Effective Carlton County Tax Rate

1.15%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wright, Carlton County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55798	0.83%	0.91%	0.98%	1.03%	1.14%

Source: Ownwell

Property Tax Assessment Values Across Wright, Carlton County, Minnesota

When examining property taxes in Wright, 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 Carlton 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 Carlton 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 Wright. For example, the median home price in Wright is $135,300, with tax bills ranging significantly across the county. Zip code 55798 has the highest median home price at $135,300.

Property Tax Assessment Values Across Wright, Carlton County, Minnesota

Source: Ownwell

$110,000

$229,550

$349,100

Median Wright Market Value

$135,300

Median Carlton County Market Value

$213,450

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wright, Carlton County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55798	$41,200	$78,400	$135,300	$209,300	$301,440

Source: Ownwell

Property Tax Bills Across Wright, Carlton County, Minnesota

In Wright, Carlton 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 $135,300, the property tax rate determines how much homeowners pay annually. The tax bill in Wright can vary significantly, with the 25th percentile at $696 and the 75th percentile reaching $2,026. A homeowner at the 90th percentile may pay as much as $2,938 annually. These figures show that property taxes can be a substantial financial burden, especially when compared to the national median tax bill of $2,400. Factors influencing property taxes include changes in property values, local government budgets, and school funding needs. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell can help reduce tax bills, ensuring homeowners in Wright do not overpay. This service is crucial in making property ownership more affordable and financially manageable.

Property Tax Bills Across Wright, Carlton County, Minnesota

Source: Ownwell

$1,032

$2,526

$4,020

Median Wright Tax Bill

$1,354

Median Carlton County Tax Bill

$2,610

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Wright, Carlton County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55798	$438	$696	$1,354	$2,026	$2,938

Source: Ownwell