Austin, Mower County, Minnesota Property Taxes
Property Taxes in Austin, Minnesota
Median Austin, Minnesota effective property tax rate: 1.18%, significantly higher than the national median of 1.02%, and higher than the Minnesota state median of 1.13%.
Median Austin, Minnesota home value: $151,350
Median annual Austin, Minnesota tax bill: $1,790, $610 lower than the national median property tax bill of $2,400.
How are property taxes in Mower calculated?
Property taxes in Austin, Minnesota 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 Austin's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Austin, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Austin, Mower County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.18%
Estimate Property Tax Bill
$1,786
$1,657
How Does the Austin Property Tax Calculator Work?
Use this Austin property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Austin's median effective tax rate of 1.18% — based on actual property records in Mower County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Austin's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Austin: rates range from 1.18% in 55912 to 1.18% in 55912, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Austin.
About Austin Property Taxes
About Property Taxes in Austin, Mower, Minnesota
Austin's median effective property tax rate of 1.18% is higher than the Minnesota state median of 1.13% and higher than the national median of 1.02%. This rate reflects the Mower County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Austin. Homeowners in the 55912 ZIP code carry a median effective rate of 1.18%, while those in 55912 pay 1.18%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Mower County. Understanding which part of Austin you live in can make a meaningful difference to your annual tax bill.
Austin homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the April 30, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Austin, Mower County, Minnesota
As noted earlier, 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 Austin's effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.
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 Austin Tax Rate
1.18%
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
1.16%
Median Effective Minnesota Tax Rate
1.13%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Austin, Mower County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55912 | 0.88% | 1.03% | 1.18% | 1.33% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Austin, Mower County, Minnesota
When examining property taxes in Austin, 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 Mower 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:
In Mower County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Austin.
For example, the median home price in Austin is $151,350, with tax bills ranging significantly across the county. 55912 has the highest median home price at $151,350.
Property Tax Assessment Values Across Austin, Mower County, Minnesota
Source: Ownwell
$134,100
$288,300
$442,500
Median Austin Market Value
$151,350
Median Mower County Market Value
$162,000
Median Minnesota Market Value
$304,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Austin, Mower County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55912 | $51,150 | $99,000 | $151,350 | $230,475 | $366,500 |
Source: Ownwell
Property Tax Bills Across Austin, Mower County, Minnesota
Property tax bills in Austin are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s assessed value rises, the tax bill can increase even if the homeowner has not made any changes to the home. For Austin homeowners, the median home price is $151,350, which helps explain how local property taxes are calculated.
The tax bill is influenced by the home’s market value, local budgets, and the amount of property tax revenue needed in Mower County. In Austin, the median property tax bill is $1,790, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Bills can vary widely, with the 25th percentile at $1,142 and the 75th percentile at $2,742. For some homeowners, that means a manageable bill, while others may face a much higher annual cost.
Median Austin Tax Bill
$1,790
Median Mower County Tax Bill
$1,918
Median Minnesota Tax Bill
$3,364
Median United States Tax Bill
$2,400
Property Tax Bills Across Austin, Mower County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55912 | $656 | $1,142 | $1,790 | $2,742 | $4,240 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 30 |
Links | |
|---|---|
| Mower Tax Assessor | |
| Website | land-records-mowercountymn.hub.arcgis.com |