Adams, Mower County, Minnesota Property Taxes
Median ADAMS, MN effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median ADAMS, MN home value: $209,800
Median annual ADAMS, MN tax bill: $2,585, $185 higher than the national median property tax bill of $2,400.
How are property taxes in Mower calculated?
Property taxes in ADAMS, 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 ADAMS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ADAMS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Adams, Mower County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$2,392
$2,219
Property Tax Rates Across Adams, Mower County, Minnesota
Local government entities set tax rates, which can vary widely within a state. Why? Because 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 Adams’s effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.
Adams, located in Mower County, has an effective property tax rate of 1.14%. This rate is higher than the national median property tax rate of 1.02%, indicating that property owners in Adams may face a higher tax burden compared to the national average. However, it's important to note that the property tax rate in Adams aligns with the highest and lowest median tax rates in the region, both recorded at 1.14%. This consistency suggests a stable tax environment within the county. By understanding these rates, property owners in Adams can better anticipate their tax obligations and make informed financial decisions.
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 Adams Tax Rate
1.14%
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 Mower County Tax Rate
1.19%
Median Effective Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Adams, Mower County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55909 | 0.31% | 0.68% | 1.14% | 1.46% | 1.82% |
Source: Ownwell
Property Tax Assessment Values Across Adams, Mower County, Minnesota
When examining property taxes in ADAMS, 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 Mower 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 Mower 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 ADAMS.
For example, the median home price in ADAMS is $209,800, with tax bills ranging significantly across the county. The zip code 55909 has the highest median home price at $209,800.
Property Tax Assessment Values Across Adams, Mower County, Minnesota
Source: Ownwell
$131,300
$297,250
$463,200
Median Adams Market Value
$209,800
Median Mower County Market Value
$155,900
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Adams, Mower County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55909 | $35,160 | $139,600 | $209,800 | $346,900 | $942,060 |
Source: Ownwell
Property Tax Bills Across Adams, Mower County, Minnesota
In Adams, Mower County, MN, property tax bills are determined by the assessed value of a home and the local tax rate. With a median home price of $209,800, homeowners often face tax bills that can vary significantly, ranging from $1,740 at the 25th percentile to $4,866 at the 90th percentile. The median tax bill in Adams stands at $2,585, which is slightly above the national median of $2,400. This indicates that local homeowners may be paying more than the average American homeowner.
Factors influencing these bills include property size, location, and any improvements made, all of which affect the assessed value. For many, these taxes can be a significant financial burden. Ownwell offers expertise in appealing property tax assessments and securing exemptions, potentially lowering these expenses. By analyzing local market trends and leveraging their knowledge of tax regulations, Ownwell assists homeowners in reducing their tax liabilities, ensuring they pay only what is fair and accurate.
Median Adams Tax Bill
$2,585
Median Mower County Tax Bill
$1,856
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Adams, Mower County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55909 | $708 | $1,740 | $2,585 | $3,793 | $4,866 |
Source: Ownwell