Caledonia, Houston County, Minnesota Property Taxes

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

Median Caledonia, 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 Caledonia, MN home value: $189,550
Median annual Caledonia, MN tax bill: $1,952, $448 lower than the national median property tax bill of $2,400.

How are property taxes in Houston County calculated?

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

Last Updated March 1, 2025

Caledonia, Houston 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

$1,914

$1,777

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

Property Tax Rates Across Caledonia, Houston 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 to calculate the property tax rate. This process, which involves votes and laws, is conducted annually.

In Caledonia, located in Houston County, Minnesota, the effective property tax rate is a critical component for homeowners to consider. Minnesota's median property tax rate is slightly below the national average of 1.02%, making it an appealing state for property owners. Caledonia's rate aligns with the state's median, offering a stable and predictable tax environment.

Comparing Caledonia's effective property tax rate to other cities in Minnesota and the national median provides valuable insights for potential homeowners. With the national median property tax bill at $2,400, understanding how Caledonia's rates stack up can be beneficial for budgeting and long-term financial planning. This comparison underscores the importance of being informed about local tax rates when considering property investments.

Property Tax Rates Across Caledonia, Houston County, Minnesota

Source: Ownwell

0.67%

1.05%

1.43%

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 Caledonia Tax Rate

1.01%

Median Effective Houston County Tax Rate

1.20%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Caledonia, Houston County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55921	0.42%	0.73%	1.01%	1.22%	1.32%

Source: Ownwell

Property Tax Assessment Values Across Caledonia, Houston County, Minnesota

When examining property taxes in Caledonia, 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 Houston 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.

In Houston 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 Caledonia. For example, the median home price in Caledonia is $189,550, with tax bills ranging significantly across the county. Zip code 55921 has the highest median home price at $189,550.

Property Tax Assessment Values Across Caledonia, Houston County, Minnesota

Source: Ownwell

$128,200

$241,900

$355,600

Median Caledonia Market Value

$189,550

Median Houston County Market Value

$221,200

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Caledonia, Houston County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55921	$91,900	$139,175	$189,550	$281,550	$477,620

Source: Ownwell

Property Tax Bills Across Caledonia, Houston County, Minnesota

In Caledonia, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price in Caledonia is $189,550, and the property tax bill is influenced by this assessed value. Homeowners in Caledonia typically see tax bills ranging from $1,286 at the 25th percentile to $3,610 at the 90th percentile, with a median tax bill of $1,952. This amount is below the national median property tax bill of $2,400, offering some relief to local homeowners compared to the national average. However, even with relatively lower tax bills, understanding the factors that contribute to these assessments is crucial for homeowners aiming to manage their expenses effectively. Ownwell can assist by providing expert property tax appeal and exemption services, potentially reducing tax liabilities. By analyzing assessments and identifying discrepancies, Ownwell helps ensure homeowners pay only their fair share, offering a valuable opportunity for savings in a region where property tax bills can vary significantly.

Property Tax Bills Across Caledonia, Houston County, Minnesota

Source: Ownwell

$1,391

$2,533

$3,675

Median Caledonia Tax Bill

$1,952

Median Houston County Tax Bill

$2,534

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Caledonia, Houston County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55921	$808	$1,286	$1,952	$2,752	$3,610

Source: Ownwell