Crosslake, Crow Wing County, Minnesota Property Taxes

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

Median Crosslake, MN effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Crosslake, MN home value: $558,100
Median annual Crosslake, MN tax bill: $3,132, $732 higher than the national median property tax bill of $2,400.

How are property taxes in Crow Wing calculated?

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

Last Updated March 1, 2025

Crosslake, Crow Wing County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.59%

Estimate Property Tax Bill

$3,293

$3,056

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

Property Tax Rates Across Crosslake, Crow Wing County, Minnesota

Local government entities are responsible for setting tax rates, and these can differ significantly across the state. Each year, counties determine their necessary budget for public services and divide this by the total assessed value of all taxable property within their area. This calculation yields the property tax rate. Although votes and legislation play a role in establishing these rates and budgets, this is the basic annual procedure.

In Crosslake, located in Crow Wing County, the effective property tax rate is 0.59%, which is notably lower than the national median property tax rate of 1.02%. This makes Crosslake an attractive location for property owners seeking lower tax obligations. The property tax rate in Crosslake is consistent across the region, as indicated by the uniform rate in the 56442 zip code.

Comparatively, Crosslake's property tax rate is advantageous when measured against both state and national averages, suggesting potential savings for property owners. This lower rate can be particularly appealing for those looking to invest in property or reduce their annual tax expenses.

Property Tax Rates Across Crosslake, Crow Wing County, Minnesota

Source: Ownwell

0.42%

0.68%

0.94%

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 Crosslake Tax Rate

0.59%

Median Effective Crow Wing County Tax Rate

0.59%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Crosslake, Crow Wing County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56442	0.48%	0.53%	0.59%	0.65%	0.72%

Source: Ownwell

Property Tax Assessment Values Across Crosslake, Crow Wing County, Minnesota

When examining property taxes in Crosslake, 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 Crow Wing 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: Crow Wing County sends assessment notices in the spring each year, typically reaching 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 Crosslake. For example, the median home price in Crosslake is $558,100, with tax bills ranging significantly across the county. Zip code 56442 has the highest median home price at $558,100.

Property Tax Assessment Values Across Crosslake, Crow Wing County, Minnesota

Source: Ownwell

$35,250

$296,675

$558,100

Median Crosslake Market Value

$558,100

Median Crow Wing County Market Value

$265,300

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Crosslake, Crow Wing County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56442	$57,100	$185,900	$558,100	$950,700	$1,360,980

Source: Ownwell

Property Tax Bills Across Crosslake, Crow Wing County, Minnesota

In Crosslake, Crow Wing County, MN, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as location, size, and property improvements. Homeowners in Crosslake face varying tax bills, with the 25th percentile at $960 and the 90th percentile reaching $8,660, highlighting the disparity based on property value and location. The median tax bill in the area stands at $3,132, which is higher than the national median of $2,400. This can significantly impact homeowners, particularly those with properties in high-demand areas.

Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and market data, Ownwell can determine if a homeowner's property is over-assessed. If so, they can assist in filing an appeal to lower the tax bill, ensuring homeowners pay only their fair share. This service can provide substantial savings, easing the financial burden on property owners.

Property Tax Bills Across Crosslake, Crow Wing County, Minnesota

Source: Ownwell

$180

$1,876

$3,571

Median Crosslake Tax Bill

$3,132

Median Crow Wing County Tax Bill

$1,562

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Crosslake, Crow Wing County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56442	$310	$960	$3,132	$5,794	$8,660

Source: Ownwell