Osakis, Douglas County, Minnesota Property Taxes

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

Median Osakis, MN effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Osakis, MN home value: $159,350
Median annual Osakis, MN tax bill: $1,808, $592 lower than the national median property tax bill of $2,400.

How are property taxes in Douglas County calculated?

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

Last Updated March 1, 2025

Osakis, Douglas County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.96%

Estimate Property Tax Bill

$1,621

$1,505

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

Property Tax Rates Across Osakis, Douglas County, Minnesota

Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide necessary services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell. In Osakis, located in Douglas County, Minnesota, the effective property tax rate stands at 1.00%. This aligns with the median property tax rate for Minnesota, which is also 1.00%, slightly below the national median property tax rate of 1.02%. The property tax rate in Osakis is consistent throughout the area, with no variation between the highest and lowest rates. This stability in property tax rates can be advantageous for property owners, providing predictability in their financial planning. Comparing Osakis to other cities in Minnesota and the U.S., it offers a competitive property tax environment, making it an appealing place for homeowners who are mindful of their tax obligations.

Property Tax Rates Across Osakis, Douglas County, Minnesota

Source: Ownwell

0.66%

0.84%

1.01%

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 Osakis Tax Rate

0.96%

Median Effective Douglas County Tax Rate

0.84%

Median Effective Minnesota Tax Rate

1.13%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Osakis, Douglas County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56360	0.59%	0.82%	0.96%	1.22%	1.39%

Source: Ownwell

Property Tax Assessment Values Across Osakis, Douglas County, Minnesota

When examining property taxes in Osakis, 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 Douglas 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.

In Douglas 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 Osakis. For example, the median home price in Osakis is $159,350, with tax bills ranging significantly across the county. ZIP code 56360 has the highest median home price at $159,350.

Property Tax Assessment Values Across Osakis, Douglas County, Minnesota

Source: Ownwell

$141,550

$239,825

$338,100

Median Osakis Market Value

$168,900

Median Douglas County Market Value

$289,600

Median Minnesota Market Value

$304,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Osakis, Douglas County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56360	$27,720	$93,150	$168,900	$293,850	$442,820

Source: Ownwell

Property Tax Bills Across Osakis, Douglas County, Minnesota

In Osakis, located in Douglas County, MN, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Osakis is $159,350. Homeowners can expect their property tax bills to vary significantly, with the 25th percentile at $1,006 and the 75th percentile at $2,744. The tax bill for those in the 90th percentile can reach up to $3,694. These figures are influenced by factors such as property size, location, and local government budgets. Compared to the national median property tax bill of $2,400, Osakis residents may find their tax bills either above or below average, depending on their specific circumstances. Ownwell can assist homeowners in Osakis by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and ensuring they are fair and accurate, Ownwell helps homeowners reduce their tax burden, providing significant savings and peace of mind.

Property Tax Bills Across Osakis, Douglas County, Minnesota

Source: Ownwell

$973

$2,173

$3,372

Median Osakis Tax Bill

$1,813

Median Douglas County Tax Bill

$2,466

Median Minnesota Tax Bill

$3,364

Median United States Tax Bill

$2,400

Property Tax Bills Across Osakis, Douglas County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56360	$319	$1,006	$1,813	$2,874	$3,808

Source: Ownwell