Sacred Heart, Chippewa County, Minnesota Property Taxes

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

Median SACRED HEART, MN effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median SACRED HEART, MN home value: $134,900
Median annual SACRED HEART, MN tax bill: $1,130, $1,270 lower than the national median property tax bill of $2,400.

How are property taxes in Chippewa calculated?

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

Last Updated March 1, 2025

Sacred Heart, Chippewa County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$1,133

$1,052

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

Property Tax Rates Across Sacred Heart, Chippewa County, Minnesota

Local government entities set tax rates, which can vary widely within Minnesota. 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. Below, you can compare Sacred Heart’s effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S. Sacred Heart, located in Chippewa County, has a property tax rate that reflects the county's budgetary needs and property values. The median property tax rate in Minnesota is 0.84%, which is lower than the national median of 1.02%. Comparing Sacred Heart's rate to the state and national averages provides insight into the local tax landscape. Understanding these differences can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Sacred Heart, Chippewa County, Minnesota

Source: Ownwell

0.69%

1.27%

1.86%

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 Sacred Heart Tax Rate

0.84%

Median Effective Chippewa County Tax Rate

1.23%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sacred Heart, Chippewa County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56285	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Sacred Heart, Chippewa County, Minnesota

When examining property taxes in Sacred Heart, 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 Chippewa 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. Assessment notices: In Chippewa 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 Sacred Heart. For example, the median home price in Sacred Heart is $134,900, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Sacred Heart, Chippewa County, Minnesota

Source: Ownwell

$76,900

$150,475

$224,050

Median Sacred Heart Market Value

$134,900

Median Chippewa County Market Value

$136,650

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sacred Heart, Chippewa County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56285	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Sacred Heart, Chippewa County, Minnesota

In Sacred Heart, Chippewa County, MN, property tax bills are determined by applying the local tax rate to the assessed value of a home. The assessed value is typically a percentage of the home's market value, which in Sacred Heart is influenced by factors like location, property size, and local real estate trends. Homeowners in Sacred Heart face a median tax bill of $1,130, which is below the national median of $2,400, but the tax rate can still impact household budgets significantly. With a median home price of $134,900 in the area, understanding and managing property taxes is crucial for homeowners.

Ownwell offers valuable assistance by providing property tax appeal services, helping homeowners ensure their property's assessed value is fair and accurate. If a homeowner's assessment is higher than it should be, Ownwell can guide them through the appeal process to potentially lower their tax bill. By leveraging expert knowledge and local data, Ownwell helps homeowners in Sacred Heart save money and gain peace of mind regarding their property tax obligations.

Property Tax Bills Across Sacred Heart, Chippewa County, Minnesota

Source: Ownwell

$891

$1,590

$2,288

Median Sacred Heart Tax Bill

$1,130

Median Chippewa County Tax Bill

$1,622

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Sacred Heart, Chippewa County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56285	N/A	N/A	N/A	N/A	N/A

Source: Ownwell