Mayer, Carver County, Minnesota Property Taxes

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

Median Mayer, MN effective property tax rate: 1.11%, significantly higher than the national median of 1.02%, but equal to the Minnesota state median of 1.11%.
Median Mayer, MN home value: $336,600
Median annual Mayer, MN tax bill: $3,582, $1,182 higher than the national median property tax bill of $2,400.

How are property taxes in Carver calculated?

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

Last Updated March 1, 2025

Mayer, Carver County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.11%

Estimate Property Tax Bill

$3,736

$3,467

Ownwell’s Mayer Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mayer with just two data points. By entering your property's estimated assessed value, our calculator applies Mayer’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 Mayer, Carver County, Minnesota

Local government entities set tax rates, which can vary widely within a state. Why? Because 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 Mayer, located in Carver County, MN, the effective property tax rate is 1.11%. This rate is notably higher than the national median property tax rate of 1.02%. Residents of Mayer might find their property tax bills are above the national median of $2,400, reflecting the higher rate. Understanding how Mayer's rate compares to other cities in Minnesota and the national median can provide valuable insights for property owners. Whether you're considering an appeal or seeking exemptions, knowing these numbers helps you make informed decisions about your property taxes.

Property Tax Rates Across Mayer, 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 Mayer Tax Rate

1.11%

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 Mayer, Carver County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55360	0.54%	0.90%	1.11%	1.17%	1.19%

Source: Ownwell

Property Tax Assessment Values Across Mayer, Carver County, Minnesota

When examining property taxes in Mayer, 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 May. 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 Mayer.

For example, the median home price in Mayer is $336,600, with tax bills ranging significantly across the county. Zip code 55360 has the highest median home price at $336,600.

Property Tax Assessment Values Across Mayer, Carver County, Minnesota

Source: Ownwell

$249,300

$432,500

$615,700

Median Mayer Market Value

$336,600

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 Mayer, Carver County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55360	$235,650	$284,600	$336,600	$412,475	$653,390

Source: Ownwell

Property Tax Bills Across Mayer, Carver County, Minnesota

In Mayer, located in Carver County, MN, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $336,600, homeowners in Mayer face a median property tax bill of approximately $3,582, which is significantly higher than the national median of $2,400. This discrepancy highlights the impact of local property values and tax rates on homeowner expenses. Factors such as property improvements, market trends, and local government budgets can influence these assessments, potentially leading to higher tax bills. Homeowners may find relief in appealing their property tax assessments. Ownwell offers expertise in property tax appeals, helping homeowners potentially reduce their tax burdens by ensuring their property is fairly assessed. By leveraging Ownwell's services, homeowners can navigate the complexities of property tax appeals and possibly achieve substantial savings on their annual tax bills.

Property Tax Bills Across Mayer, Carver County, Minnesota

Source: Ownwell

$3,094

$4,772

$6,449

Median Mayer Tax Bill

$3,582

Median Carver County Tax Bill

$4,166

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Mayer, Carver County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55360	$2,048	$2,938	$3,582	$4,254	$4,902

Source: Ownwell