Faribault County, Minnesota Property Taxes
Property Taxes in Faribault County, Minnesota
Median Faribault County effective property tax rate: 1.37%, significantly higher than the national median of 1.02%.
Median Faribault County home value: $103,000
Median annual Faribault County tax bill: $1,356, $1,044 lower than the national median property tax bill of $2,400.
How are property taxes in Faribault County calculated?
Property taxes in Faribault County 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.
Why is Faribault County’s property tax rate important to homeowners?
A higher effective property tax rate can have a meaningful impact on annual carrying costs, especially when the assessed value does not reflect available exemptions or reduction opportunities.
How can understanding Faribault County property taxes help?
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Faribault County or another part of Faribault County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Faribault County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.37%
Estimate Property Tax Bill
$1,411
$1,309
How Does the Faribault County Property Tax Calculator Work?
Use this Faribault County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Faribault County's median effective tax rate of 1.37% to generate your estimate.
Enter your property's estimated assessed value — the figure used for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Faribault County's median tax rate is higher than Minnesota's 1.13% median rate, and the median property tax bill is $1,356, which is $1,044 lower than the state median bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Faribault County.
Property Tax Rates Across Faribault County, Minnesota
What Are Effective Property Tax Rates Across Faribault County?
Local government entities set tax rates, which vary widely across Faribault County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Faribault County's effective property tax rate to other counties in Minnesota or the U.S. median of 1.02%.
Faribault County's median effective rate stands at 1.37%, which is higher than the national median of 1.02%. Within Faribault County, the highest rate is found in Elmore at 2.47%, while Huntley has the lowest at 0.72%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Faribault County Tax Rate
1.37%
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 Minnesota Tax Rate
1.13%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Faribault County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blue Earth | 0.56% | 0.84% | 1.21% | 1.56% | 2.12% |
| Bricelyn | 0.46% | 0.69% | 1.26% | 1.92% | 2.43% |
| Delavan | 0.35% | 0.54% | 0.93% | 1.37% | 1.89% |
| Easton | 0.50% | 0.65% | 1.81% | 2.39% | 3.13% |
| Elmore | 0.60% | 1.27% | 2.47% | 3.20% | 4.25% |
| Frost | 0.55% | 0.70% | 1.81% | 2.04% | 2.72% |
| Huntley | 0.33% | 0.66% | 0.72% | 0.79% | 0.87% |
| Kiester | 0.68% | 0.93% | 1.63% | 1.92% | 2.40% |
| Minnesota Lake | 0.71% | 1.09% | 1.28% | 1.40% | 1.50% |
| Walters | 0.59% | 0.75% | 2.26% | 3.38% | 4.43% |
| Wells | 0.60% | 0.98% | 1.55% | 1.80% | 2.12% |
| Winnebago | 0.43% | 0.64% | 1.41% | 1.79% | 2.15% |
| Alden | N/A | N/A | N/A | N/A | N/A |
| Amboy | N/A | N/A | N/A | N/A | N/A |
| Granada | N/A | N/A | N/A | N/A | N/A |
| Mapleton | N/A | N/A | N/A | N/A | N/A |
| New Richland | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Faribault County, Minnesota
When examining property taxes in Faribault County, 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 Faribault 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 Faribault County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of March.
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 Faribault County.
For example, the median tax bill in Faribault County is $1,356, with tax bills ranging significantly across the county. Minnesota Lake has the highest median home price at $141,300.
Property Tax Assessment Values Across Faribault County, Minnesota
Source: Ownwell
$38,650
$89,975
$141,300
Median Faribault County Market Value
$103,000
Median Minnesota Market Value
$304,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Faribault County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blue Earth | $30,700 | $72,800 | $128,900 | $208,800 | $330,860 |
| Bricelyn | $16,740 | $46,800 | $83,900 | $178,900 | $403,520 |
| Delavan | $8,100 | $43,200 | $99,200 | $238,700 | $851,380 |
| Easton | $4,660 | $34,800 | $85,100 | $209,275 | $380,310 |
| Elmore | $3,850 | $13,575 | $38,650 | $71,500 | $134,230 |
| Frost | $6,020 | $39,100 | $66,200 | $99,850 | $268,520 |
| Huntley | $12,620 | $49,700 | $73,100 | $123,800 | $156,980 |
| Kiester | $16,200 | $44,150 | $70,900 | $119,400 | $187,700 |
| Minnesota Lake | $15,860 | $88,000 | $141,300 | $211,400 | $290,380 |
| Walters | $10,760 | $24,350 | $44,300 | $218,650 | $346,240 |
| Wells | $23,440 | $72,600 | $114,100 | $174,300 | $275,000 |
| Winnebago | $11,020 | $46,250 | $95,000 | $173,000 | $338,840 |
| Alden | N/A | N/A | N/A | N/A | N/A |
| Amboy | N/A | N/A | N/A | N/A | N/A |
| Granada | N/A | N/A | N/A | N/A | N/A |
| Mapleton | N/A | N/A | N/A | N/A | N/A |
| New Richland | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Faribault County, Minnesota
Property tax bills in Faribault County are based on the assessed value of a home, not its market listing price. Local taxing authorities apply the county’s tax rate to that assessed value to determine the annual bill, and the final amount can vary depending on where the property is located and which local services it helps fund. A home with a higher assessed value generally receives a larger tax bill, while lower assessed values usually mean a smaller bill.
With a median home price of $103,000, property taxes can still take a meaningful share of housing costs for homeowners. In Faribault County, the 25th percentile tax bill is $724, the 75th percentile is $2,226, and the 90th percentile reaches $3,324. Median tax bills also differ across the county, from $542 in Huntley to $1,618 in Wells. These differences show how property taxes can affect homeowners unevenly, even within the same county.
Median Faribault County Tax Bill
$1,356
Median Minnesota Tax Bill
$3,364
Median United States Tax Bill
$2,400
Property Tax Bills Across Faribault County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blue Earth | $351 | $920 | $1,590 | $2,418 | $3,534 |
| Bricelyn | $176 | $600 | $1,071 | $1,784 | $2,785 |
| Delavan | $65 | $576 | $927 | $1,694 | $2,963 |
| Easton | $58 | $594 | $1,207 | $1,992 | $2,990 |
| Elmore | $60 | $330 | $1,003 | $1,702 | $2,517 |
| Frost | $72 | $656 | $1,108 | $1,514 | $2,300 |
| Huntley | $40 | $266 | $542 | $892 | $1,246 |
| Kiester | $188 | $677 | $1,050 | $1,670 | $2,408 |
| Minnesota Lake | $168 | $862 | $1,612 | $2,542 | $3,777 |
| Walters | $466 | $717 | $1,122 | $1,610 | $2,476 |
| Wells | $237 | $952 | $1,618 | $2,618 | $3,838 |
| Winnebago | $165 | $598 | $1,224 | $2,155 | $3,069 |
| Alden | N/A | N/A | N/A | N/A | N/A |
| Amboy | N/A | N/A | N/A | N/A | N/A |
| Granada | N/A | N/A | N/A | N/A | N/A |
| Mapleton | N/A | N/A | N/A | N/A | N/A |
| New Richland | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 30 |
Links | |
|---|---|
| Faribault Tax Assessor | |
| Website | beacon.schneidercorp.com |