Harmony, Fillmore County, Minnesota Property Taxes

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

Median Harmony, MN effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Harmony, MN home value: $174,200
Median annual Harmony, MN tax bill: $1,342, $1,058 lower than the national median property tax bill of $2,400.

How are property taxes in Fillmore calculated?

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

Last Updated March 1, 2025

Harmony, Fillmore County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.73%

Estimate Property Tax Bill

$1,272

$1,180

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

Property Tax Rates Across Harmony, Fillmore County, Minnesota

Local government entities set tax rates, which can vary widely within a state. 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. Harmony in Fillmore County, MN, presents a unique case in property tax trends. Harmony's effective property tax rate aligns with the median tax rate in Minnesota, which is 0.73%. This stands in contrast to the national median property tax rate of 1.02%. Property owners in Harmony benefit from this lower rate, as it means they pay less in property taxes compared to many other regions in the U.S. As local government budgets and property values evolve, these rates may fluctuate, impacting property tax bills.

Property Tax Rates Across Harmony, Fillmore County, Minnesota

Source: Ownwell

0.36%

0.78%

1.21%

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 Harmony Tax Rate

0.73%

Median Effective Fillmore County Tax Rate

0.81%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Harmony, Fillmore County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55939	0.22%	0.44%	0.73%	1.02%	1.32%

Source: Ownwell

Property Tax Assessment Values Across Harmony, Fillmore County, Minnesota

When examining property taxes in Harmony, 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 Fillmore 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 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 Fillmore 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 Harmony.

For example, the median home price in Harmony is $174,200, with tax bills ranging significantly across the county. Zip code 55939 has the highest median home price at $174,200.

Property Tax Assessment Values Across Harmony, Fillmore County, Minnesota

Source: Ownwell

$136,600

$262,150

$387,700

Median Harmony Market Value

$174,200

Median Fillmore County Market Value

$193,600

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Harmony, Fillmore County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55939	$49,600	$112,200	$174,200	$310,800	$718,220

Source: Ownwell

Property Tax Bills Across Harmony, Fillmore County, Minnesota

In Harmony, located in Fillmore County, MN, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $174,200, the property tax rate plays a crucial role in determining the annual tax bill. The median property tax bill in this area is $1,342, aligning with both the highest and lowest figures recorded in the zip code 55939. This amount is notably lower than the national median property tax bill of $2,400, offering some relief to homeowners. However, individual tax bills can vary significantly, ranging from $776 at the 25th percentile to $2,936 at the 90th percentile, depending on specific property valuations and applicable exemptions. Homeowners may find their property tax burdens challenging, especially if their assessments are higher than the market value. Here, Ownwell can assist by reviewing property assessments and identifying potential savings through appeals and exemptions, helping homeowners reduce their tax obligations and ensure fair taxation.

Property Tax Bills Across Harmony, Fillmore County, Minnesota

Source: Ownwell

$1,030

$1,819

$2,607

Median Harmony Tax Bill

$1,342

Median Fillmore County Tax Bill

$1,586

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Harmony, Fillmore County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55939	$314	$776	$1,342	$1,991	$2,936

Source: Ownwell