Conger, Freeborn County, Minnesota Property Taxes

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

Median Conger, MN effective property tax rate: 1.90%, significantly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Conger, MN home value: $69,200
Median annual Conger, MN tax bill: $1,112, $1,288 lower than the national median property tax bill of $2,400.

How are property taxes in Freeborn County calculated?

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

Last Updated March 1, 2025

Conger, Freeborn County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.9%

Estimate Property Tax Bill

$1,315

$1,220

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

Property Tax Rates Across Conger, Freeborn County, Minnesota

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, 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. Below, you can compare Conger’s effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S. Conger, located in Freeborn County, stands out with a median property tax rate of 1.90%. This rate is notably higher than the national median property tax rate of 1.02%. The consistency in the tax rate across Freeborn County ensures predictability for homeowners. However, the higher rate compared to the national average highlights the importance of understanding local property tax dynamics. This knowledge is crucial for homeowners looking to manage their property tax expenses effectively. By staying informed about local tax rates, homeowners in Conger can make strategic decisions to optimize their property tax obligations.

Property Tax Rates Across Conger, Freeborn County, Minnesota

Source: Ownwell

0.81%

1.76%

2.72%

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 Conger Tax Rate

1.90%

Median Effective Freeborn County Tax Rate

1.25%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Conger, Freeborn County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56020	1.42%	1.61%	1.90%	2.01%	2.40%

Source: Ownwell

Property Tax Assessment Values Across Conger, Freeborn County, Minnesota

When examining property taxes in Conger, 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 Freeborn 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 Freeborn 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 Conger.

For example, the median home price in Conger is $69,200, with tax bills ranging significantly across the county. Zip code 56020 has the highest median home price at $69,200.

Property Tax Assessment Values Across Conger, Freeborn County, Minnesota

Source: Ownwell

$40,750

$174,725

$308,700

Median Conger Market Value

$69,200

Median Freeborn County Market Value

$133,500

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Conger, Freeborn County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56020	$5,800	$22,500	$69,200	$105,400	$125,480

Source: Ownwell

Property Tax Bills Across Conger, Freeborn County, Minnesota

In Conger, located in Freeborn County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value, resulting in the annual property tax bill. Factors such as local government budgets and school district funding needs significantly influence these rates. The median home price in Conger is $69,200, and property tax bills can vary widely. For instance, the 25th percentile tax bill is $492, while the 90th percentile reaches $2,260. Compared to the national median property tax bill of $2,400, Conger homeowners may experience lower tax burdens, but there is still potential for savings. Ownwell assists homeowners by identifying possible inaccuracies in property assessments and exploring exemption opportunities, helping to reduce tax obligations. By leveraging expert knowledge and personalized strategies, Ownwell can help ensure Conger homeowners are not overpaying, potentially saving them hundreds of dollars annually on their property tax bills.

Property Tax Bills Across Conger, Freeborn County, Minnesota

Source: Ownwell

$527

$1,745

$2,962

Median Conger Tax Bill

$1,112

Median Freeborn County Tax Bill

$1,666

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Conger, Freeborn County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56020	$118	$492	$1,112	$1,870	$2,260

Source: Ownwell