Stanchfield, Isanti County, Minnesota Property Taxes
Median Stanchfield, MN effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Stanchfield, MN home value: $305,500
Median annual Stanchfield, MN tax bill: $2,237, $163 lower than the national median property tax bill of $2,400.
How are property taxes in Isanti County calculated?
Property taxes in Stanchfield, 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 Stanchfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stanchfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stanchfield, Isanti County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$2,444
$2,268
Property Tax Rates Across Stanchfield, Isanti County, Minnesota
Local government entities determine tax rates, which can vary significantly within a state. This variance occurs because each county annually estimates its budget needs to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting these rates and budgets, this is essentially the annual process.
In Stanchfield, located in Isanti County, Minnesota, the effective property tax rate stands at 0.80%, which is lower than the national median rate of 1.02%. This lower rate can lead to significant savings for property owners in comparison to other regions. When comparing to other cities within Minnesota, Stanchfield's rate is consistent with the highest and lowest median tax rates in the state, both recorded at 0.80%. This uniformity across the region highlights the stability in property tax assessments, making Stanchfield an attractive location for homeowners seeking predictable tax expenses.
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 Stanchfield Tax Rate
0.80%
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 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 Stanchfield, Isanti County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55080 | 0.22% | 0.45% | 0.80% | 0.88% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Stanchfield, Isanti County, Minnesota
When examining property taxes in Stanchfield, 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 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 Isanti 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 Stanchfield. For example, the median home price in Stanchfield is $305,500, with tax bills ranging significantly across the county. Zip code 55080 has the highest median home price at $305,500.
Property Tax Assessment Values Across Stanchfield, Isanti County, Minnesota
Source: Ownwell
$210,600
$305,400
$400,200
Median Stanchfield Market Value
$305,500
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 Stanchfield, Isanti County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55080 | $119,500 | $201,725 | $305,500 | $428,400 | $548,850 |
Source: Ownwell
Property Tax Bills Across Stanchfield, Isanti County, Minnesota
Median Stanchfield Tax Bill
$2,237
Median Isanti County Tax Bill
$2,982
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Stanchfield, Isanti County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55080 | $315 | $1,171 | $2,237 | $3,346 | $4,517 |
Source: Ownwell
