Oklee, Red Lake County, Minnesota Property Taxes
Median Oklee, MN effective property tax rate: 1.03%, slightly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Oklee, MN home value: $92,900
Median annual Oklee, MN tax bill: $848, $1,552 lower than the national median property tax bill of $2,400.
How are property taxes in Red Lake County calculated?
Property taxes in Oklee, 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 Oklee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oklee, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Oklee, Red Lake County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.03%
Estimate Property Tax Bill
$957
$888
Property Tax Rates Across Oklee, Red Lake County, Minnesota
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation stems from the fact that each county annually estimates its budgetary needs to provide essential services. The total value of all taxable property within the county is then used to calculate the property tax rate. Although votes and legal frameworks play a role in determining tax rates and budgets, this is the fundamental annual process.
In Oklee, located in Red Lake County, Minnesota, the effective property tax rate is a reflection of this process. When comparing Oklee’s property tax rate to other cities in Minnesota, it aligns closely with the state’s median tax rate of 1.03%. This rate is slightly above the national median property tax rate of 1.02%, indicating a marginally higher tax burden compared to the national average. However, within Minnesota, Oklee's tax rate is consistent, as both the highest and lowest median tax rates in the state are also 1.03%. This uniformity suggests a stable property tax environment within the region.
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 Oklee Tax Rate
1.03%
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 Red Lake County Tax Rate
1.03%
Median Effective Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Oklee, Red Lake County, Minnesota
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
56742 | 0.49% | 0.56% | 1.03% | 1.37% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across Oklee, Red Lake County, Minnesota
Property Tax Assessment Values Across Oklee, Red Lake County, Minnesota
Source: Ownwell

$92,900
$140,150
$187,400
Median Oklee Market Value
$92,900
Median Red Lake County Market Value
$138,800
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Oklee, Red Lake County, Minnesota
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
56742 | $19,500 | $51,550 | $92,900 | $153,650 | $254,700 |
Source: Ownwell
Property Tax Bills Across Oklee, Red Lake County, Minnesota
Median Oklee Tax Bill
$848
Median Red Lake County Tax Bill
$1,274
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Oklee, Red Lake County, Minnesota
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
56742 | $215 | $458 | $848 | $1,490 | $2,050 |
Source: Ownwell