Jasper, Pipestone County, Minnesota Property Taxes

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

Median Jasper, MN effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Jasper, MN home value: $484,400
Median annual Jasper, MN tax bill: $2,179, $221 lower than the national median property tax bill of $2,400.

How are property taxes in Pipestone calculated?

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

Last Updated March 1, 2025

Jasper, Pipestone County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.03%

Estimate Property Tax Bill

$1,537

$1,426

Ownwell’s Jasper Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Jasper with just two data points.

By entering your property's estimated assessed value, our calculator applies Jasper’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 Jasper, Pipestone County, Minnesota

Local government entities set tax rates, which can vary widely within a state. 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 Jasper’s effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S. Jasper in Pipestone County has a property tax rate that is notably lower than the national median of 1.02%. This lower rate can be beneficial for property owners in Jasper compared to the national average. However, it’s essential to consider that property tax bills are also influenced by the assessed value of the property, which can vary significantly. Understanding these dynamics can help property owners make informed decisions about their investments and potential savings.

Property Tax Rates Across Jasper, 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 Jasper Tax Rate

1.03%

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 Jasper, Pipestone County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56144	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Jasper, Pipestone County, Minnesota

When examining property taxes in Jasper, 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 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 Jasper. For example, the median home price in Jasper is $484,400, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Jasper, Pipestone County, Minnesota

Source: Ownwell

$80,250

$102,025

$123,800

Median Jasper Market Value

$149,200

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 Jasper, Pipestone County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56144	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Jasper, Pipestone County, Minnesota

In Jasper, located in Pipestone County, MN, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property. With a median home price of $484,400, homeowners in Jasper often face tax bills that can vary significantly. The 25th percentile of tax bills is $1,336, while the 75th percentile reaches $3,022, and those in the 90th percentile see bills as high as $3,529. Compared to the national median property tax bill of $2,400, Jasper's tax bills can be more burdensome, especially for those at the higher end. These costs can significantly impact homeowners' finances. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing your property's assessed value and the local tax rate, Ownwell can identify potential savings and assist in reducing your tax bill, ensuring you're not overpaying and helping you manage your property tax obligations more effectively.

Property Tax Bills Across Jasper, Pipestone County, Minnesota

Source: Ownwell

$1,074

$1,221

$1,368

Median Jasper Tax Bill

$1,542

Median Pipestone County Tax Bill

$1,076

Median Minnesota Tax Bill

$3,364

Median United States Tax Bill

$2,400

Property Tax Bills Across Jasper, Pipestone County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56144	N/A	N/A	N/A	N/A	N/A

Source: Ownwell