Borup, Clay County, Minnesota Property Taxes
Property Taxes in Borup, Minnesota
Median Borup, Minnesota effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, and lower than the Minnesota state median of 1.13%.
Median Borup, Minnesota home value: $276,950
Median annual Borup, Minnesota tax bill: $2,284, $116 lower than the national median property tax bill of $2,400.
How are property taxes in Clay calculated?
Property taxes in Borup, Minnesota 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 Borup's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Borup, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Borup, Clay County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.84%
Estimate Property Tax Bill
$2,326
$2,159
How Does the Borup Property Tax Calculator Work?
Use this Borup property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Borup's median effective tax rate of 0.84% — based on actual property records in Clay County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Borup's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Borup, but the available data shows a consistent median property tax bill of $2,284 in 56519. Borup's rate is lower than Minnesota's 1.13% median tax rate, and the median bill is $116 lower than the state median property tax bill of $2,400.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Borup.
About Borup Property Taxes
About Property Taxes in Borup, Clay, Minnesota
Borup’s median effective property tax rate of 0.84% is lower than the Minnesota state median of 1.13% and lower than the national median of 1.02%. This rate reflects the Clay County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Borup. Homeowners in the 56519 ZIP code carry a median effective rate of 0.84%, while those in the same ZIP code also pay 0.84%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Clay County. Understanding which part of Borup you live in can make a meaningful difference to your annual tax bill.
Borup homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the April 30, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Borup, Clay County, Minnesota
As noted earlier, 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.
Below, you can compare Borup's effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.
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 Borup Tax Rate
0.84%
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 Clay County Tax Rate
1.42%
Median Effective Minnesota Tax Rate
1.13%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Borup, Clay County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56519 | 0.60% | 0.80% | 0.84% | 0.89% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Borup, Clay County, Minnesota
When examining property taxes in Borup, Minnesota, 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 Clay County assessor 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 Clay County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Borup.
For example, the median home price in Borup is $276,950, with tax bills ranging significantly across the county. 56519 has the highest median home price at $276,950.
Property Tax Assessment Values Across Borup, Clay County, Minnesota
Source: Ownwell
$140,500
$236,400
$332,300
Median Borup Market Value
$276,950
Median Clay County Market Value
$241,100
Median Minnesota Market Value
$304,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Borup, Clay County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56519 | $92,150 | $160,625 | $276,950 | $360,975 | $582,450 |
Source: Ownwell
Property Tax Bills Across Borup, Clay County, Minnesota
How are property tax bills calculated in Borup?
Property tax bills in Borup are based on the assessed value of a home, not the market price alone. Local tax rates are applied to that assessed value to determine the annual bill, and the amount can vary depending on the property and its location within Clay County. For homeowners, this means a higher assessed value can lead to a larger tax bill, even if the home has not changed hands.
What factors affect the bill?
Several factors influence the final amount, including the home’s assessed value, local levy rates, and any applicable exemptions or adjustments. In Borup, the median home price is $276,950, while the median property tax bill is $2,284, which is close to the national median property tax bill of $2,400. Bills can range from $1,336 at the 25th percentile to $2,996 at the 75th percentile, with the 90th percentile reaching $3,645. This can have a significant effect on homeowners, especially when assessed values rise faster than expected.
Median Borup Tax Bill
$2,284
Median Clay County Tax Bill
$3,368
Median Minnesota Tax Bill
$3,364
Median United States Tax Bill
$2,400
Property Tax Bills Across Borup, Clay County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56519 | $881 | $1,336 | $2,284 | $2,996 | $3,645 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 30 |
Links | |
|---|---|
| Clay Tax Assessor | |
| Website | claycountymn.gov |