Warren, Marshall County, Minnesota Property Taxes

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

Median WARREN, MN effective property tax rate: 1.29%, significantly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median WARREN, MN home value: $124,000
Median annual WARREN, MN tax bill: $1,290, $1,110 lower than the national median property tax bill of $2,400.

How are property taxes in Marshall calculated?

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

Last Updated March 1, 2025

Warren, Marshall County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.29%

Estimate Property Tax Bill

$1,600

$1,484

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

Property Tax Rates Across Warren, Marshall County, Minnesota

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential 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, this is the annual process in a nutshell.

Warren, located in Marshall County, Minnesota, has an effective property tax rate that aligns closely with the county's median rate of 1.29%. This rate is higher than the national median property tax rate of 1.02%. This means that homeowners in Warren may face higher property tax bills compared to the national median. However, the consistency in tax rates across the county indicates a stable taxation environment. Comparing Warren's tax rate to other cities in Minnesota can provide insights into regional economic conditions and local government policies. Understanding these dynamics is crucial for homeowners and potential buyers when considering property investments in the area.

Property Tax Rates Across Warren, Marshall County, Minnesota

Source: Ownwell

0.39%

0.90%

1.41%

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 Warren Tax Rate

1.29%

Median Effective Marshall County Tax Rate

0.87%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Warren, Marshall County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56762	0.65%	1.03%	1.29%	1.67%	2.02%

Source: Ownwell

Property Tax Assessment Values Across Warren, Marshall County, Minnesota

When examining property taxes in Warren, 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 Marshall 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 Marshall 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 Warren.

For example, the median home price in Warren is $124,000, with tax bills ranging significantly across the county. Zip code 56762 has the highest median home price at $124,000.

Property Tax Assessment Values Across Warren, Marshall County, Minnesota

Source: Ownwell

$60,200

$117,600

$175,000

Median Warren Market Value

$124,000

Median Marshall County Market Value

$114,600

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Warren, Marshall County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56762	$3,800	$58,000	$124,000	$195,400	$258,700

Source: Ownwell

Property Tax Bills Across Warren, Marshall County, Minnesota

In Warren, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value is then multiplied by the local tax rate to determine the final tax bill. With a median home price of $124,000, homeowners in Warren often experience property tax bills that can vary significantly. For example, tax bills at the 25th percentile are around $522, while those at the 75th percentile reach approximately $2,290. In some cases, tax bills can be as high as $3,640, placing a substantial financial burden on homeowners. Compared to the national median property tax bill of $2,400, Warren's figures can be both higher and lower depending on the specific property. Ownwell assists homeowners by offering property tax appeal services, potentially lowering their assessed value and, subsequently, their tax bill. By leveraging expert knowledge and a deep understanding of local tax regulations, Ownwell can help residents of Warren save on their property taxes, easing the financial strain on homeowners.

Property Tax Bills Across Warren, Marshall County, Minnesota

Source: Ownwell

$364

$939

$1,514

Median Warren Tax Bill

$1,290

Median Marshall County Tax Bill

$868

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Warren, Marshall County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56762	$61	$522	$1,290	$2,290	$3,640

Source: Ownwell