Eyota, Olmsted County, Minnesota Property Taxes
Property Taxes in Eyota, Minnesota
Median Eyota, Minnesota effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, and higher than the Minnesota state median of 1.13%.
Median Eyota, Minnesota home value: $263,000
Median annual Eyota, Minnesota tax bill: $3,250, $850 higher than the national median property tax bill of $2,400.
How are property taxes in Olmsted calculated?
Property taxes in Eyota, 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 Eyota's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Eyota, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Eyota, Olmsted County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.26%
Estimate Property Tax Bill
$3,314
$3,075
How Does the EYOTA Property Tax Calculator Work?
Use this EYOTA property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies EYOTA's median effective tax rate of 1.26% — based on actual property records in Olmsted 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 EYOTA'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 EYOTA: rates range from 3250.00 in 55934 to 3250.00 in 55934, 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 EYOTA.
About Eyota Property Taxes
About Property Taxes in Eyota, Olmsted, Minnesota
Eyota’s median effective property tax rate of 1.26% is higher than the Minnesota state median of 1.13% and higher than the national median of 1.02%. This rate reflects the Olmsted 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 Eyota. Homeowners in ZIP code 55934 carry a median effective rate of 1.26%, while those in the same ZIP code also pay 1.26%. This spread reflects how school district boundaries and local assessment districts are drawn across Olmsted County. Understanding which part of Eyota you live in can make a meaningful difference to your annual tax bill.
Eyota 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 Eyota, Olmsted 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 Eyota'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 Eyota Tax Rate
1.26%
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%
Median Effective Minnesota Tax Rate
1.13%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Eyota, Olmsted County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55934 | 0.89% | 0.99% | 1.26% | 1.32% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Eyota, Olmsted County, Minnesota
When examining property taxes in Eyota, 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 Olmsted County 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. For Eyota, the median home price is $263,000, with a median tax bill of $3,250. That is above the national median property tax bill of $2,400 and reflects how local values can affect taxes.
Property Tax Assessment Values Across Eyota, Olmsted County, Minnesota
Source: Ownwell
$242,500
$386,400
$530,300
Median Eyota Market Value
$263,000
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 Eyota, Olmsted County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55934 | $146,100 | $207,250 | $263,000 | $355,800 | $462,100 |
Source: Ownwell
Property Tax Bills Across Eyota, Olmsted County, Minnesota
Property tax bills in Eyota are calculated by applying the local tax rate to a home’s assessed market value, then adjusting for any exemptions or special taxing districts that apply. For homeowners, the bill depends on both the value of the property and the tax rates set by local governments, schools, and other taxing authorities. With a median home price of $263,000, the typical tax bill reflects how strongly assessed value influences what a homeowner pays.
In Eyota, property tax bills can vary widely. The 25th percentile tax bill is $2,564, while the 75th percentile is $4,111 and the 90th percentile reaches $5,126. The median tax bill in ZIP code 55934 is $3,250, which is above the national median property tax bill of $2,400. That means homeowners in Eyota often face property taxes that are higher than the national norm, making it important to understand how assessed value and local rates affect the final bill.
Median Eyota Tax Bill
$3,250
Median Olmsted County Tax Bill
$3,532
Median Minnesota Tax Bill
$3,364
Median United States Tax Bill
$2,400
Property Tax Bills Across Eyota, Olmsted County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55934 | $1,589 | $2,564 | $3,250 | $4,111 | $5,126 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 30 |
Links | |
|---|---|
| Olmsted Tax Assessor | |
| Website | publicaccess.co.olmsted.mn.us |