Holland, Pipestone County, Minnesota Property Taxes

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

Median Holland, MN effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Holland, MN home value: $38,200
Median annual Holland, MN tax bill: $406, $1,994 lower than the national median property tax bill of $2,400.

How are property taxes in Pipestone calculated?

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

Last Updated March 1, 2025

Holland, Pipestone County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.96%

Estimate Property Tax Bill

$401

$372

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

Property Tax Rates Across Holland, Pipestone County, Minnesota

Local government entities set tax rates, which can vary widely within a state. This is 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.

In Holland, located in Pipestone County, Minnesota, property owners experience a median property tax rate of 1.09%. This rate is slightly above the national median property tax rate of 1.02%, indicating that homeowners in this area contribute a bit more compared to the average U.S. homeowner. Despite this, the property tax bills in Holland might still be manageable compared to other parts of the country, depending on the assessed value of properties. For those seeking to understand how their property tax rate compares to other cities in Minnesota or the national median, Holland’s rate provides a useful benchmark. Understanding these figures can assist homeowners in making informed decisions about property investments and tax appeal opportunities.

Property Tax Rates Across Holland, Pipestone County, Minnesota

Source: Ownwell

1.12%

1.19%

1.27%

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 Holland Tax Rate

0.96%

Median Effective Pipestone County Tax Rate

1.17%

Median Effective Minnesota Tax Rate

1.13%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Holland, Pipestone County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56139	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Holland, Pipestone County, Minnesota

When examining property taxes in Holland, 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 Pipestone 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 Pipestone County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Holland. For example, the median home price in Holland is $38,200, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Holland, Pipestone County, Minnesota

Source: Ownwell

$80,250

$102,025

$123,800

Median Holland Market Value

$41,800

Median Pipestone County Market Value

$86,200

Median Minnesota Market Value

$304,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Holland, Pipestone County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56139	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Holland, Pipestone County, Minnesota

In Holland, located in Pipestone County, MN, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The median home price in Holland is $38,200, which influences the tax bill homeowners receive. Property taxes are a significant expense, with the tax bill at the 25th percentile being $256, while the 75th percentile sees bills around $526, and the 90th percentile reaching up to $670. These figures reflect the variability in property tax bills, which can impact homeowners' finances substantially. Given that the national median property tax bill is $2,400, Holland's bills are relatively lower, but they still represent a considerable cost for many homeowners. Ownwell can assist homeowners in Holland by appealing their property tax assessments, potentially lowering their tax bills. By reviewing the assessed value and ensuring it aligns with the true market value, Ownwell can help homeowners save money, alleviating some of the financial burdens associated with property taxes.

Property Tax Bills Across Holland, Pipestone County, Minnesota

Source: Ownwell

$1,074

$1,221

$1,368

Median Holland Tax Bill

$398

Median Pipestone County Tax Bill

$1,076

Median Minnesota Tax Bill

$3,364

Median United States Tax Bill

$2,400

Property Tax Bills Across Holland, Pipestone County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56139	N/A	N/A	N/A	N/A	N/A

Source: Ownwell