Olmsted County, Minnesota Property Taxes
Property Taxes in Olmsted County, Minnesota
Median Olmsted County effective property tax rate: 1.21%, significantly higher than the national median of 1.02%.
Median Olmsted County home value: $292,500
Median annual Olmsted County tax bill: $3,532, $1,132 higher than the national median property tax bill of $2,400.
How are property taxes in Olmsted County calculated?
Property taxes in Olmsted County 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.
Why do property taxes in Olmsted County matter? Because the county’s effective property tax rate of 1.21% is higher than the Minnesota median tax rate of 1.13% and above the national median of 1.02%. The median annual tax bill of $3,532 is also higher than the national median by $1,132.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Olmsted County or another part of Olmsted County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Olmsted County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.21%
Estimate Property Tax Bill
$3,539
$3,284
How Does the Olmsted County Property Tax Calculator Work?
Use this Olmsted County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Olmsted County's median effective tax rate of 1.21% to generate your estimate.
Enter your property's estimated assessed value — the figure the assessor assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Olmsted County's median property tax bill is $3,532, which is higher than Minnesota's $2,400 national median property tax bill by $1,132.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Olmsted County.
Property Tax Rates Across Olmsted County, Minnesota
What Are Effective Property Tax Rates Across Olmsted County?
Local government entities set tax rates, which vary widely across Olmsted County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Olmsted County's effective property tax rate to other counties in Minnesota or the U.S. median of 1.02%.
Olmsted County's median effective rate stands at 1.21%, which is higher than the national median of 1.02%. Within Olmsted County, the highest rate is found in BYRON at 1.51%, while PLAINVIEW has the lowest at 0.77%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Olmsted County Tax Rate
1.21%
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 Minnesota Tax Rate
1.13%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Olmsted County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Byron | 1.04% | 1.39% | 1.51% | 1.58% | 1.62% |
| Chatfield | 0.88% | 0.94% | 1.47% | 1.58% | 1.71% |
| Dover | 0.92% | 1.14% | 1.24% | 1.29% | 1.40% |
| Elgin | 0.72% | 0.75% | 0.77% | 0.80% | 0.86% |
| Eyota | 0.89% | 0.99% | 1.26% | 1.32% | 1.44% |
| Hayfield | 0.74% | 0.76% | 0.78% | 0.80% | 0.84% |
| Oronoco | 0.83% | 0.95% | 1.06% | 1.31% | 1.38% |
| Pine Island | 0.86% | 0.89% | 1.48% | 1.58% | 1.63% |
| Plainview | 0.74% | 0.75% | 0.77% | 0.79% | 0.86% |
| Rochester | 1.00% | 1.14% | 1.21% | 1.26% | 1.36% |
| Saint Charles | 0.76% | 0.83% | 0.84% | 0.86% | 1.00% |
| Stewartville | 0.92% | 1.24% | 1.34% | 1.42% | 1.49% |
| Zumbro Falls | 0.91% | 0.95% | 1.05% | 1.08% | 1.16% |
| Kasson | N/A | N/A | N/A | N/A | N/A |
| Mantorville | N/A | N/A | N/A | N/A | N/A |
| Mazeppa | N/A | N/A | N/A | N/A | N/A |
| Sargeant | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Olmsted County, Minnesota
When examining property taxes in Olmsted County, 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 Olmsted County assessor 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 Olmsted County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of March.
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 Olmsted County.
For example, the median tax bill in Olmsted County is $3,532, compared with the national median property tax bill of $2,400. Tax bills range significantly across the county, from $2,314 in Plainview to $4,970 in Zumbro Falls. Zumbro Falls also has the highest median home price at $530,300.
Property Tax Assessment Values Across Olmsted County, Minnesota
Source: Ownwell
$242,500
$386,400
$530,300
Median Olmsted County Market Value
$292,500
Median Minnesota Market Value
$304,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Olmsted County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Byron | $210,300 | $255,375 | $320,750 | $442,000 | $564,290 |
| Chatfield | $27,000 | $182,300 | $246,500 | $322,900 | $504,000 |
| Dover | $126,310 | $192,050 | $254,500 | $347,125 | $444,230 |
| Elgin | $74,560 | $214,300 | $312,200 | $370,400 | $551,660 |
| Eyota | $146,100 | $207,250 | $263,000 | $355,800 | $462,100 |
| Hayfield | $229,470 | $253,450 | $331,400 | $366,500 | $442,260 |
| Oronoco | $30,080 | $144,900 | $364,300 | $537,450 | $656,840 |
| Pine Island | $190,000 | $263,350 | $351,100 | $446,500 | $578,700 |
| Plainview | $71,150 | $221,075 | $311,250 | $404,875 | $470,500 |
| Rochester | $154,600 | $229,700 | $294,100 | $411,300 | $565,500 |
| Saint Charles | $12,840 | $252,100 | $383,300 | $452,800 | $586,540 |
| Stewartville | $28,800 | $170,700 | $252,800 | $320,700 | $422,200 |
| Zumbro Falls | $265,880 | $371,200 | $530,300 | $622,250 | $767,100 |
| Kasson | N/A | N/A | N/A | N/A | N/A |
| Mantorville | N/A | N/A | N/A | N/A | N/A |
| Mazeppa | N/A | N/A | N/A | N/A | N/A |
| Sargeant | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Olmsted County, Minnesota
Property tax bills in Olmsted County are based on the assessed value of a home and the local tax rate set by taxing authorities. For a home with a median value of $292,500, the final bill reflects how that value is taxed after exemptions, local levies, and other adjustments are applied. Homeowners with higher-valued properties or homes in areas with stronger local tax rates generally pay more, while lower-valued homes may see smaller bills.
In Olmsted County, the 25th percentile tax bill is $2,672, the 75th percentile is $4,998, and the 90th percentile reaches $6,908. The county’s tax burden can vary widely by location, with Zumbro Falls showing the highest median tax bill at $4,970 and Plainview the lowest at $2,314. These differences show how property taxes can affect homeowners differently, even within the same county.
Median Olmsted County Tax Bill
$3,532
Median Minnesota Tax Bill
$3,364
Median United States Tax Bill
$2,400
Property Tax Bills Across Olmsted County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Byron | $2,646 | $3,655 | $4,566 | $6,260 | $8,292 |
| Chatfield | $301 | $2,438 | $3,440 | $4,300 | $5,433 |
| Dover | $1,480 | $2,291 | $3,123 | $4,223 | $5,296 |
| Elgin | $558 | $1,722 | $2,374 | $2,906 | $4,424 |
| Eyota | $1,589 | $2,564 | $3,250 | $4,111 | $5,126 |
| Hayfield | $1,654 | $1,988 | $2,603 | $3,056 | $3,860 |
| Oronoco | $392 | $1,731 | $4,200 | $6,189 | $7,935 |
| Pine Island | $2,399 | $3,032 | $4,424 | $5,714 | $6,782 |
| Plainview | $559 | $1,819 | $2,314 | $2,965 | $4,035 |
| Rochester | $1,739 | $2,670 | $3,479 | $4,964 | $6,908 |
| Saint Charles | $126 | $1,880 | $3,222 | $3,838 | $4,904 |
| Stewartville | $406 | $2,080 | $3,274 | $4,220 | $5,509 |
| Zumbro Falls | $2,734 | $3,873 | $4,970 | $6,653 | $7,640 |
| Kasson | N/A | N/A | N/A | N/A | N/A |
| Mantorville | N/A | N/A | N/A | N/A | N/A |
| Mazeppa | N/A | N/A | N/A | N/A | N/A |
| Sargeant | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 30 |
Links | |
|---|---|
| Olmsted Tax Assessor | |
| Website | publicaccess.co.olmsted.mn.us |