Kasota, Le Sueur County, Minnesota Property Taxes
Median Kasota, MN effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Kasota, MN home value: $272,350
Median annual Kasota, MN tax bill: $2,391, $9 lower than the national median property tax bill of $2,400.
How are property taxes in Le Sueur calculated?
Property taxes in Kasota, 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 Kasota’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kasota, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kasota, Le Sueur County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$2,587
$2,401
Property Tax Rates Across Kasota, Le Sueur County, Minnesota
Local government entities determine tax rates, and these can vary significantly within a state. This variation arises because each year, counties calculate their necessary budget to provide services and then divide this by the total assessed value of all taxable property within their jurisdiction. This process results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially how it works annually.
In Kasota, located in Le Sueur County, Minnesota, the effective property tax rate can be compared to other cities in Minnesota and the national median. Kasota's property tax rate stands out as it matches both the highest and lowest median tax rates in the state, which is 0.95%. This is slightly below the national median property tax rate of 1.02%. Such comparisons provide valuable insights into how Kasota's property tax rate aligns with broader state and national trends. Understanding these differences can be crucial for property owners considering tax appeal or exemption services.
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 Kasota Tax Rate
0.95%
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 Le Sueur County Tax Rate
1.14%
Median Effective Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kasota, Le Sueur County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56050 | 0.77% | 0.89% | 0.95% | 1.00% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Kasota, Le Sueur County, Minnesota
When examining property taxes in Kasota, 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 Le Sueur 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: Le Sueur County sends assessment notices 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 Kasota.
For example, the median home price in Kasota is $272,350, with tax bills ranging significantly across the county. Zip code 56050 has the highest median home price at $272,350.
Property Tax Assessment Values Across Kasota, Le Sueur County, Minnesota
Source: Ownwell
$239,600
$350,275
$460,950
Median Kasota Market Value
$272,350
Median Le Sueur County Market Value
$290,800
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kasota, Le Sueur County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56050 | $63,570 | $155,825 | $272,350 | $396,400 | $566,780 |
Source: Ownwell
Property Tax Bills Across Kasota, Le Sueur County, Minnesota
Median Kasota Tax Bill
$2,391
Median Le Sueur County Tax Bill
$3,200
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Kasota, Le Sueur County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56050 | $567 | $1,386 | $2,391 | $3,830 | $5,542 |
Source: Ownwell