Rushford, Fillmore County, Minnesota Property Taxes

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

Median Rushford, MN effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Rushford, MN home value: $198,750
Median annual Rushford, MN tax bill: $1,866, $534 lower than the national median property tax bill of $2,400.

How are property taxes in Fillmore calculated?

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

Last Updated March 1, 2025

Rushford, Fillmore County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.01%

Estimate Property Tax Bill

$2,007

$1,863

Ownwell’s Rushford Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Rushford with just two data points. By entering your property's estimated assessed value, our calculator applies Rushford’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 Rushford, Fillmore County, Minnesota

Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget annually 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. Below, you can compare Rushford’s effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S. Rushford, located in Fillmore County, has a median property tax rate of 1.01%, which is just below the national median of 1.02%. This places Rushford in a favorable position compared to the national average, potentially offering residents a more affordable property tax scenario. Understanding how Rushford’s property tax rate stacks up against state and national figures can help property owners make informed decisions about their investments.

Property Tax Rates Across Rushford, 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 Rushford Tax Rate

1.01%

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 Rushford, Fillmore County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55971	0.61%	0.72%	1.01%	1.14%	1.39%

Source: Ownwell

Property Tax Assessment Values Across Rushford, Fillmore County, Minnesota

When examining property taxes in Rushford, 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 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 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 Fillmore County, assessment notices are sent in the spring each year, typically reaching your mailbox by the middle of May. 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 Rushford.

For example, the median home price in Rushford is $198,750, with tax bills ranging significantly across the county. Zip code 55971 has the highest median home price at $198,750.

Property Tax Assessment Values Across Rushford, Fillmore County, Minnesota

Source: Ownwell

$136,600

$262,150

$387,700

Median Rushford Market Value

$198,750

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 Rushford, Fillmore County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55971	$28,170	$127,200	$198,750	$283,575	$424,180

Source: Ownwell

Property Tax Bills Across Rushford, Fillmore County, Minnesota

In Rushford, Fillmore County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the tax bill. For a typical home with a median price of $198,750, homeowners can expect a tax bill that varies significantly, with the 25th percentile at $1,146 and the 75th percentile reaching $2,746. The highest median tax bill recorded in the area is $1,866, which is notably below the national median property tax bill of $2,400. Factors such as property location, size, and improvements influence the assessed value, impacting the overall tax bill. Homeowners in Rushford may feel the financial impact, especially if their property is assessed at the higher end of the spectrum. Ownwell offers services to help homeowners reduce their property tax bills by appealing incorrect assessments and securing exemptions, ensuring they pay only their fair share and potentially saving them hundreds of dollars annually.

Property Tax Bills Across Rushford, Fillmore County, Minnesota

Source: Ownwell

$1,030

$1,819

$2,607

Median Rushford Tax Bill

$1,866

Median Fillmore County Tax Bill

$1,586

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Rushford, Fillmore County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55971	$252	$1,146	$1,866	$2,746	$3,411

Source: Ownwell