Merrifield, Crow Wing County, Minnesota Property Taxes

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

Median Merrifield, MN effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Merrifield, MN home value: $309,250
Median annual Merrifield, MN tax bill: $1,774, $626 lower than the national median property tax bill of $2,400.

How are property taxes in Crow Wing calculated?

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

Last Updated March 1, 2025

Merrifield, Crow Wing County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.58%

Estimate Property Tax Bill

$1,794

$1,664

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

Property Tax Rates Across Merrifield, Crow Wing County, Minnesota

Local government entities are responsible for setting tax rates, which can vary significantly within Minnesota. Each county estimates its required budget to provide essential 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. Merrifield in Crow Wing County has an effective property tax rate of 0.58%, which is below the national median property tax rate of 1.02%. This lower rate can make Merrifield more attractive to property buyers compared to other regions with higher rates. Moreover, the property tax bill in Merrifield is likely to be more affordable than the national median property tax bill of $2,400. This affordability can be a significant factor for homeowners considering relocation or investment in the area. By understanding these rates, property owners in Merrifield can better manage their financial planning and make informed decisions about their real estate investments.

Property Tax Rates Across Merrifield, 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 Merrifield Tax Rate

0.58%

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 Merrifield, Crow Wing County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56465	0.45%	0.52%	0.58%	0.65%	0.75%

Source: Ownwell

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

When examining property taxes in Merrifield, 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 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.

In Crow Wing 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 Merrifield.

For example, the median home price in Merrifield is $309,250, with tax bills ranging significantly across the county. Zip code 56465 has the highest median home price at $309,250.

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

Source: Ownwell

$35,250

$296,675

$558,100

Median Merrifield Market Value

$309,250

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 Merrifield, Crow Wing County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56465	$31,550	$121,850	$309,250	$581,375	$877,180

Source: Ownwell

Property Tax Bills Across Merrifield, Crow Wing County, Minnesota

In Merrifield, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Merrifield face a median property tax bill that is below the national median of $2,400, with amounts ranging from $618 at the 25th percentile to $5,534 at the 90th percentile. Factors such as changes in the local tax rate and fluctuations in home market values can significantly impact these bills. For homeowners, this means that even minor changes in assessment or tax rates can lead to substantial differences in their annual tax obligations. Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering their assessed value and, consequently, their tax bill. By leveraging local knowledge and legal expertise, Ownwell helps ensure that homeowners in Merrifield are not overpaying on their property taxes, offering peace of mind and potential savings.

Property Tax Bills Across Merrifield, Crow Wing County, Minnesota

Source: Ownwell

$180

$1,876

$3,571

Median Merrifield Tax Bill

$1,774

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 Merrifield, Crow Wing County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56465	$190	$618	$1,774	$3,522	$5,534

Source: Ownwell