Eden Prairie, Hennepin County, Minnesota Property Taxes
Property Taxes in Eden Prairie, Minnesota
Median Eden Prairie, Minnesota effective property tax rate: 1.13%, significantly higher than the national median of 1.02%, and equal to the Minnesota state median of 1.13%.
Median Eden Prairie, Minnesota home value: $456,700
Median annual Eden Prairie, Minnesota tax bill: $5,183, $2,783 higher than the national median property tax bill of $2,400.
How are property taxes in Hennepin calculated?
Property taxes in Eden Prairie, Minnesota 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 Eden Prairie's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Eden Prairie, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Eden Prairie, Hennepin County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.13%
Estimate Property Tax Bill
$5,161
$4,789
How Does the Eden Prairie Property Tax Calculator Work?
Use this Eden Prairie property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Eden Prairie's median effective tax rate of 1.13% — based on actual property records in Hennepin County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Eden Prairie's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Eden Prairie: rates range from $3,555.00 in 55344 to $5,894.00 in 55347, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Eden Prairie.
About Eden Prairie Property Taxes
About Property Taxes in Eden Prairie, Hennepin, Minnesota
Eden Prairie's median effective property tax rate of 1.13% is higher than the Minnesota state median of 1.13% and higher than the national median of 1.02%. This rate reflects the Hennepin County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Eden Prairie. Homeowners in the 55347 ZIP code carry a median effective rate of 1.14%, while those in 55344 pay 1.12%. This spread — 0.02 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Hennepin County. Understanding which part of Eden Prairie you live in can make a meaningful difference to your annual tax bill.
Eden Prairie homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the April 30, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Eden Prairie, Hennepin County, Minnesota
As noted earlier, 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 Eden Prairie's effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.
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 Eden Prairie Tax Rate
1.13%
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 Hennepin County Tax Rate
1.26%
Median Effective Minnesota Tax Rate
1.13%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Eden Prairie, Hennepin County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55344 | 1.06% | 1.09% | 1.12% | 1.13% | 1.19% |
| 55346 | 1.09% | 1.13% | 1.13% | 1.16% | 1.20% |
| 55347 | 1.09% | 1.13% | 1.14% | 1.20% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Eden Prairie, Hennepin County, Minnesota
When examining property taxes in Eden Prairie, 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 Hennepin County appraisal district 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 Hennepin County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Eden Prairie.
For example, the median home price in Eden Prairie is $456,700, with tax bills ranging significantly across the county. 55347 has the highest median home price at $518,000.
Property Tax Assessment Values Across Eden Prairie, Hennepin County, Minnesota
Source: Ownwell
$6,500
$676,450
$1,346,400
Median Eden Prairie Market Value
$456,700
Median Hennepin County Market Value
$355,200
Median Minnesota Market Value
$304,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Eden Prairie, Hennepin County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55344 | $194,600 | $239,975 | $318,450 | $454,700 | $629,220 |
| 55346 | $250,300 | $386,100 | $444,300 | $524,700 | $621,340 |
| 55347 | $273,600 | $385,800 | $518,000 | $692,725 | $871,580 |
Source: Ownwell
Property Tax Bills Across Eden Prairie, Hennepin County, Minnesota
Property tax bills in Eden Prairie are calculated by multiplying a home’s assessed market value by the local tax rate, then adjusting for exemptions and other factors that apply to the property. The assessed value is based on what the home is worth in the market, not what the owner paid for it, and that value is a major driver of the final bill.
For homeowners in Eden Prairie, the median home price is $456,700, and tax bills vary widely across the city. The 25th percentile tax bill is $3,769, while the 75th percentile reaches $7,024. At the high end, the 90th percentile tax bill is $9,577. The highest median tax bill is $5,894 in ZIP code 55347, compared with $3,555 in ZIP code 55344.
These differences show how location, assessed value, and local taxing decisions can affect what homeowners owe each year.
Median Eden Prairie Tax Bill
$5,183
Median Hennepin County Tax Bill
$4,551
Median Minnesota Tax Bill
$3,364
Median United States Tax Bill
$2,400
Property Tax Bills Across Eden Prairie, Hennepin County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55344 | $2,141 | $2,700 | $3,555 | $5,139 | $7,357 |
| 55346 | $2,747 | $4,365 | $5,067 | $6,011 | $7,379 |
| 55347 | $3,008 | $4,348 | $5,894 | $8,267 | $10,724 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 30 |
Links | |
|---|---|
| Hennepin Tax Assessor | |
| Website | www16.co.hennepin.mn.us |