Westbrook, Murray County, Minnesota Property Taxes

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

Median Westbrook, MN effective property tax rate: 0.28%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Westbrook, MN home value: $617,700
Median annual Westbrook, MN tax bill: $1,540, $860 lower than the national median property tax bill of $2,400.

How are property taxes in Murray calculated?

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

Last Updated March 1, 2025

Westbrook, Murray County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.32%

Estimate Property Tax Bill

$1,414

$1,313

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

Property Tax Rates Across Westbrook, Murray 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 Westbrook’s effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.

Property Tax Rates Across Westbrook, Murray County, Minnesota

Source: Ownwell

0.19%

0.68%

1.16%

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 Westbrook Tax Rate

0.32%

Median Effective Murray County Tax Rate

0.83%

Median Effective Minnesota Tax Rate

1.13%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Westbrook, Murray County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56183	0.17%	0.20%	0.32%	0.56%	0.65%

Source: Ownwell

Property Tax Assessment Values Across Westbrook, Murray County, Minnesota

When examining property taxes in Westbrook, 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 Murray 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.

In Murray 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 Westbrook. For example, the median home price in Westbrook is $617,700, with tax bills ranging significantly across the county. Zip code 56183 has the highest median home price at $617,700.

Property Tax Assessment Values Across Westbrook, Murray County, Minnesota

Source: Ownwell

$47,900

$344,600

$641,300

Median Westbrook Market Value

$442,000

Median Murray County Market Value

$190,700

Median Minnesota Market Value

$304,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Westbrook, Murray County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56183	$151,870	$211,775	$442,000	$1,462,475	$1,984,340

Source: Ownwell

Property Tax Bills Across Westbrook, Murray County, Minnesota

In Westbrook, located in Murray County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as market conditions and property characteristics play a significant role in determining the assessed value. The median home price in Westbrook stands at $617,700, with property tax bills ranging from $824 at the 25th percentile to $4,016 at the 90th percentile. The median property tax bill in this region is $1,540, which is below the national median of $2,400, offering homeowners a comparative advantage. However, for those looking to further reduce their tax burden, Ownwell provides expert property tax appeal and exemption services. By leveraging local knowledge and expertise, Ownwell can help homeowners identify potential savings, ensuring they only pay their fair share. This can lead to significant savings, providing financial relief and peace of mind.

Property Tax Bills Across Westbrook, Murray County, Minnesota

Source: Ownwell

$368

$1,320

$2,271

Median Westbrook Tax Bill

$1,790

Median Murray County Tax Bill

$1,376

Median Minnesota Tax Bill

$3,364

Median United States Tax Bill

$2,400

Property Tax Bills Across Westbrook, Murray County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56183	$652	$1,082	$1,790	$3,207	$4,200

Source: Ownwell