Braham, Isanti County, Minnesota Property Taxes

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

Median Braham, MN effective property tax rate: 1.65%, significantly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Braham, MN home value: $210,600
Median annual Braham, MN tax bill: $2,644, $244 higher than the national median property tax bill of $2,400.

How are property taxes in Isanti calculated?

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

Last Updated March 1, 2025

Braham, Isanti County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.65%

Estimate Property Tax Bill

$3,475

$3,225

Ownwell’s Braham Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Braham with just two data points. By entering your property's estimated assessed value, our calculator applies Braham’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Isanti 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 Isanti County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Braham, Isanti County, Minnesota

Local government entities set tax rates, and these can vary widely within Minnesota. This is because each year, counties estimate the budget required to provide necessary services and divide that by the total assessed value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process. Braham in Isanti County showcases an effective property tax rate that aligns with the county's overall rate. When compared to other cities in Minnesota, Braham's property tax rate stands out, reflecting the county's approach to balancing budgetary needs with property values. With a median property tax rate of 1.65%, Minnesota's rates are higher than the national median of 1.02%. This, in turn, impacts the property tax bills, which can be higher than the national median bill of $2,400. Understanding these differences can help property owners in Braham make informed decisions about property tax appeals and exemptions.

Property Tax Rates Across Braham, Isanti County, Minnesota

Source: Ownwell

0.57%

1.11%

1.65%

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 Braham Tax Rate

1.65%

Median Effective Isanti County Tax Rate

0.95%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Braham, Isanti County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55006	0.38%	0.81%	1.65%	1.81%	1.88%

Source: Ownwell

Property Tax Assessment Values Across Braham, Isanti County, Minnesota

When examining property taxes in Braham, 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 Isanti 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.

Assessment notices:

In Isanti 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 Braham.

For example, the median home price in Braham is $210,600, with tax bills ranging significantly across the county. Zip code 55006 has the highest median home price at $210,600.

Property Tax Assessment Values Across Braham, Isanti County, Minnesota

Source: Ownwell

$210,600

$305,400

$400,200

Median Braham Market Value

$210,600

Median Isanti County Market Value

$289,100

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Braham, Isanti County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55006	$112,250	$150,850	$210,600	$258,200	$350,050

Source: Ownwell

Property Tax Bills Across Braham, Isanti County, Minnesota

In Braham, located in Isanti County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the property's size, location, and market conditions influence the assessed value. In Braham, the median home price stands at $210,600, with property tax bills ranging from $1,734 at the 25th percentile to $4,522 at the 90th percentile. The median tax bill in the area is $2,644, slightly above the national median of $2,400. This can present a significant financial burden for homeowners. Ownwell offers expert property tax appeal services that can help homeowners potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell assists homeowners in navigating the appeal process to ensure they are not overpaying. This service can lead to substantial savings, providing homeowners with financial relief.

Property Tax Bills Across Braham, Isanti County, Minnesota

Source: Ownwell

$1,867

$2,520

$3,172

Median Braham Tax Bill

$2,644

Median Isanti County Tax Bill

$2,982

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Braham, Isanti County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55006	$696	$1,734	$2,644	$3,766	$4,522

Source: Ownwell