Crookston, Polk County, Minnesota Property Taxes
Median Crookston, MN effective property tax rate: 1.41%, significantly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Crookston, MN home value: $148,400
Median annual Crookston, MN tax bill: $2,046, $354 lower than the national median property tax bill of $2,400.
How are property taxes in Polk County calculated?
Property taxes in Crookston, 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 Crookston’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Crookston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Crookston, Polk County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.41%
Estimate Property Tax Bill
$2,092
$1,942
Property Tax Rates Across Crookston, Polk County, Minnesota
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variability is due to each county estimating its required budget to fund services annually and dividing that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the process followed each year.
In Crookston, located in Polk County, the effective property tax rate is 1.41%, which is notably higher than the national median property tax rate of 1.02%. This rate is consistent across the zip code 56716, making it both the highest and lowest median tax rate in the area. Compared to the national median property tax bill of $2,400, residents in Crookston might find their property tax bills to be on the higher side. This comparison highlights the importance of understanding local tax rates and how they can impact property owners financially.
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 Crookston Tax Rate
1.41%
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 Polk County Tax Rate
1.34%
Median Effective Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Crookston, Polk County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56716 | 0.93% | 1.25% | 1.41% | 1.57% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Crookston, Polk County, Minnesota
When examining property taxes in Crookston, 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 Polk 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.
In Polk 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 Crookston.
For example, the median home price in Crookston is $148,400, with tax bills ranging significantly across the county. The zip code 56716 has the highest median home price at $148,400.
Property Tax Assessment Values Across Crookston, Polk County, Minnesota
Source: Ownwell
$40,200
$176,800
$313,400
Median Crookston Market Value
$148,400
Median Polk County Market Value
$183,700
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Crookston, Polk County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56716 | $56,120 | $93,100 | $148,400 | $216,850 | $299,080 |
Source: Ownwell
Property Tax Bills Across Crookston, Polk County, Minnesota
In Crookston, located in Polk County, MN, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this area is $148,400. Homeowners in Crookston experience a median property tax bill of $2,046, which is below the national median bill of $2,400. However, the tax rate can vary significantly, impacting homeowners differently. For example, the tax bill for the 25th percentile is $1,354, while it reaches $2,860 at the 75th percentile and $3,795 at the 90th percentile. These variations can be attributed to differences in assessed values and the specific tax rates applied by the local authorities.
Homeowners looking to reduce their property tax burden can benefit from Ownwell's expertise. By offering property tax appeal and exemption services, Ownwell helps homeowners ensure their assessments are fair and accurate, potentially lowering their tax bills. This assistance can be crucial for homeowners seeking to manage their expenses more effectively and take advantage of possible savings.
Median Crookston Tax Bill
$2,046
Median Polk County Tax Bill
$2,200
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Crookston, Polk County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56716 | $898 | $1,354 | $2,046 | $2,860 | $3,795 |
Source: Ownwell