Chanhassen, Carver County, Minnesota Property Taxes

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

Median Chanhassen, MN effective property tax rate: 1.02%, aligning with the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Chanhassen, MN home value: $438,950
Median annual Chanhassen, MN tax bill: $4,498, $2,098 higher than the national median property tax bill of $2,400.

How are property taxes in Carver County calculated?

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

Last Updated March 1, 2025

Chanhassen, Carver County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.02%

Estimate Property Tax Bill

$4,477

$4,155

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

Property Tax Rates Across Chanhassen, Carver County, Minnesota

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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 Chanhassen, located in Carver County, Minnesota, the effective property tax rate aligns precisely with both the Minnesota state median and the national median. This uniformity underscores a balanced approach to property taxation in the area. By comparing Chanhassen’s effective property tax rate to other cities in Minnesota, as well as the median property tax rates in the state and the U.S., property owners can better understand how their tax obligations measure up. This comparison not only highlights the consistency in Chanhassen’s tax rate but also offers residents a clear perspective on their property tax contributions relative to broader benchmarks.

Property Tax Rates Across Chanhassen, Carver County, Minnesota

Source: Ownwell

0.58%

0.98%

1.39%

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 Chanhassen Tax Rate

1.02%

Median Effective Carver County Tax Rate

1.09%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chanhassen, Carver County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55317	0.94%	0.98%	1.02%	1.06%	1.11%

Source: Ownwell

Property Tax Assessment Values Across Chanhassen, Carver County, Minnesota

When examining property taxes in Chanhassen, 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 Carver 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. Assessment notices: In Carver 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 Chanhassen. For example, the median home price in Chanhassen is $438,950, with tax bills ranging significantly across the county. 55317 has the highest median home price at $438,950.

Property Tax Assessment Values Across Chanhassen, Carver County, Minnesota

Source: Ownwell

$249,300

$432,500

$615,700

Median Chanhassen Market Value

$438,950

Median Carver County Market Value

$399,500

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chanhassen, Carver County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55317	$238,800	$321,400	$438,950	$616,125	$817,340

Source: Ownwell

Property Tax Bills Across Chanhassen, Carver County, Minnesota

In Chanhassen, located in Carver County, Minnesota, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is based on the estimated market value of the home, which is influenced by factors such as location, property size, and condition. In Chanhassen, the median home price is $438,950, leading to a property tax bill that can range widely. For instance, the 25th percentile tax bill is $3,114, while the 75th percentile reaches $6,420, and the 90th percentile climbs to $8,784. This range reflects the variability in property values and tax rates within the area. The highest and lowest median tax bill in the 55317 zip code is $4,498, indicating a consistent tax burden across the region. Homeowners in Chanhassen can potentially reduce their property tax bills with the assistance of Ownwell. By providing expert property tax appeal and exemption services, Ownwell helps homeowners identify opportunities for savings, ensuring they pay only their fair share.

Property Tax Bills Across Chanhassen, Carver County, Minnesota

Source: Ownwell

$3,094

$4,772

$6,449

Median Chanhassen Tax Bill

$4,498

Median Carver County Tax Bill

$4,166

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Chanhassen, Carver County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55317	$2,202	$3,114	$4,498	$6,420	$8,784

Source: Ownwell