Walker, Hubbard County, Minnesota Property Taxes

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

Median Walker, MN effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Walker, MN home value: $283,800
Median annual Walker, MN tax bill: $1,938, $462 lower than the national median property tax bill of $2,400.

How are property taxes in Hubbard calculated?

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

Last Updated March 1, 2025

Walker, Hubbard County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.63%

Estimate Property Tax Bill

$1,788

$1,659

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

Property Tax Rates Across Walker, Hubbard County, Minnesota

Local government entities determine property tax rates, and these can differ significantly within a state. Each year, counties estimate their necessary budgets to fund public services and divide this by the total value of all taxable property within their boundaries. This calculation yields the property tax rate. Although votes and legislation play roles in setting these rates and budgets, this is essentially the annual process.

In Walker, located in Cass County, MN, the effective property tax rate is a crucial figure to consider. The median property tax rate in Minnesota is 1.02%, which aligns with the national median. However, Walker's effective tax rate provides a unique perspective on local taxation. By comparing Walker's rate to other cities in Minnesota and the national average, property owners can better understand their tax responsibilities. This comparison is vital for homeowners and potential buyers who want to evaluate the financial implications of owning property in Walker. With property taxes being a significant factor in homeownership costs, understanding these rates can aid in making informed decisions.

Property Tax Rates Across Walker, Hubbard County, Minnesota

Source: Ownwell

0.63%

0.80%

0.96%

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 Walker Tax Rate

0.63%

Median Effective Hubbard County Tax Rate

0.75%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Walker, Hubbard County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56484	0.56%	0.59%	0.63%	0.69%	0.77%

Source: Ownwell

Property Tax Assessment Values Across Walker, Hubbard County, Minnesota

When examining property taxes in Walker, 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 Hubbard 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 Hubbard County, assessment notices are sent in the spring each year. They’ll typically reach 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 Walker. For example, the median home price in Walker is $283,800, with tax bills ranging significantly across the county. 56484 has the highest median home price at $283,800.

Property Tax Assessment Values Across Walker, Hubbard County, Minnesota

Source: Ownwell

$156,200

$220,000

$283,800

Median Walker Market Value

$283,800

Median Hubbard County Market Value

$236,000

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Walker, Hubbard County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56484	$116,850	$187,250	$283,800	$589,825	$827,450

Source: Ownwell

Property Tax Bills Across Walker, Hubbard County, Minnesota

In Walker, nestled in Hubbard County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. With a median home price of $283,800, homeowners here face a property tax bill that can range significantly. The 25th percentile tax bill is $1,134, while the 75th percentile reaches $3,855, and the 90th percentile climbs to $5,560. The median tax bill in Walker is $1,938, which is below the national median of $2,400. This variance is influenced by factors such as property size, location, and local government budgets. For homeowners, these taxes can represent a substantial annual expense. Ownwell offers a lifeline by providing expert property tax appeal and exemption services. By analyzing local property data and market trends, Ownwell identifies opportunities for homeowners to reduce their tax burden. Through strategic appeals, Ownwell helps ensure that homeowners are not overpaying, potentially saving them hundreds or even thousands of dollars annually on their property tax bills.

Property Tax Bills Across Walker, Hubbard County, Minnesota

Source: Ownwell

$1,158

$1,596

$2,034

Median Walker Tax Bill

$1,938

Median Hubbard County Tax Bill

$1,832

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Walker, Hubbard County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56484	$703	$1,134	$1,938	$3,855	$5,560

Source: Ownwell