Wirt, Itasca County, Minnesota Property Taxes

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

Median Wirt, MN effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Wirt, MN home value: $84,400
Median annual Wirt, MN tax bill: $659, $1,741 lower than the national median property tax bill of $2,400.

How are property taxes in Itasca County calculated?

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

Last Updated March 1, 2025

Wirt, Itasca County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$785

$728

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

Property Tax Rates Across Wirt, Itasca County, Minnesota

Local government entities set tax rates, which can vary widely within a state. 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 Wirt’s effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S. In Wirt, located in Itasca County, the median property tax rate is 0.93%, which is slightly below the national median of 1.02%. This can be seen as a favorable aspect for property owners in the area, as they benefit from a lower tax burden compared to many other regions in the country. Despite the uniformity in the tax rate across the county, property owners should remain informed about any potential changes in local tax policies that could impact their financial obligations.

Property Tax Rates Across Wirt, Itasca County, Minnesota

Source: Ownwell

0.58%

1.01%

1.45%

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 Wirt Tax Rate

0.93%

Median Effective Itasca County Tax Rate

0.93%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wirt, Itasca County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56688	0.42%	0.78%	0.93%	1.01%	1.05%

Source: Ownwell

Property Tax Assessment Values Across Wirt, Itasca County, Minnesota

When examining property taxes in Wirt, 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 Itasca 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.

In Itasca 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 Wirt. For example, the median home price in Wirt is $84,400, with tax bills ranging significantly across the county. Zip code 56688 has the highest median home price at $84,400.

Property Tax Assessment Values Across Wirt, Itasca County, Minnesota

Source: Ownwell

$63,650

$153,175

$242,700

Median Wirt Market Value

$84,400

Median Itasca County Market Value

$169,300

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wirt, Itasca County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56688	$23,680	$47,750	$84,400	$147,275	$254,640

Source: Ownwell

Property Tax Bills Across Wirt, Itasca County, Minnesota

In Wirt, located in Itasca County, MN, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $84,400, homeowners in this area face a median tax bill of $659, which is significantly lower than the national median property tax bill of $2,400. Tax bills in Wirt can vary widely, with the 25th percentile at $369 and the 90th percentile reaching $2,146, reflecting differences in property values and local tax rates. These variations can have a substantial impact on homeowners, affecting their overall housing costs and financial planning.

Ownwell offers a valuable service to homeowners in Wirt by assisting them in appealing their property tax assessments. This can lead to a reduction in their tax bills, providing significant savings. By leveraging expertise in property tax laws and local market trends, Ownwell helps ensure that homeowners are not overpaying on their property taxes, allowing them to keep more of their hard-earned money.

Property Tax Bills Across Wirt, Itasca County, Minnesota

Source: Ownwell

$530

$1,327

$2,124

Median Wirt Tax Bill

$659

Median Itasca County Tax Bill

$1,502

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Wirt, Itasca County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56688	$169	$369	$659	$1,110	$2,146

Source: Ownwell