Crystal, Hennepin County, Minnesota Property Taxes

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

Median Crystal, MN effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Crystal, MN home value: $223,000
Median annual Crystal, MN tax bill: $3,536, $1,136 higher than the national median property tax bill of $2,400.

How are property taxes in Hennepin calculated?

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

Last Updated March 1, 2025

Crystal, Hennepin County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.34%

Estimate Property Tax Bill

$2,988

$2,773

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

Property Tax Rates Across Crystal, Hennepin County, Minnesota

Local government entities set tax rates, which can vary widely within a state. 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 Crystal’s effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.

In Crystal, located in Hennepin County, property owners experience a median property tax rate of 1.34%. This is higher than the national median property tax rate of 1.02%. Consequently, homeowners in Crystal may find themselves paying more in property taxes compared to the national average. Understanding these rates can be beneficial for property owners looking to manage their expenses effectively. By being aware of how these rates compare, property owners can make informed decisions about their investments.

Property Tax Rates Across Crystal, Hennepin County, Minnesota

Source: Ownwell

0.97%

1.21%

1.45%

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 Crystal Tax Rate

1.34%

Median Effective Hennepin County Tax Rate

1.26%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Crystal, Hennepin County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55422	N/A	N/A	N/A	N/A	N/A
55428	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Crystal, Hennepin County, Minnesota

When examining property taxes in Crystal, 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 Hennepin 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. This 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 are sent in Hennepin County in the spring each year, typically reaching 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 Crystal.

For example, the median home price in Crystal is $223,000, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Crystal, Hennepin County, Minnesota

Source: Ownwell

$185,500

$510,700

$835,900

Median Crystal Market Value

$223,000

Median Hennepin County Market Value

$350,000

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Crystal, Hennepin County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55422	N/A	N/A	N/A	N/A	N/A
55428	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Crystal, Hennepin County, Minnesota

In Crystal, located in Hennepin County, MN, property tax bills are determined based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to calculate the tax bill. With a median home price of $223,000, homeowners in Crystal often face tax bills that can vary widely. For instance, the tax bill at the 25th percentile is $2,425, while at the 75th percentile, it rises to $3,725. This variation highlights the impact of property assessments and local tax rates on homeowners. Compared to the national median property tax bill of $2,400, Crystal's figures can be notably higher. Homeowners can benefit from appealing their property tax assessments if they believe their home has been over-assessed. Ownwell offers expertise in navigating these appeals, potentially leading to significant savings. By analyzing property data and advocating for fair assessments, Ownwell helps homeowners reduce their tax burdens, ensuring they pay only what is necessary.

Property Tax Bills Across Crystal, Hennepin County, Minnesota

Source: Ownwell

$2,303

$6,804

$11,304

Median Crystal Tax Bill

$3,536

Median Hennepin County Tax Bill

$4,453

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Crystal, Hennepin County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55422	N/A	N/A	N/A	N/A	N/A
55428	N/A	N/A	N/A	N/A	N/A

Source: Ownwell