Red Lake Falls, Red Lake County, Minnesota Property Taxes

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Property Taxes in Red Lake Falls, Minnesota

Median Red Lake Falls, Minnesota effective property tax rate: 1.75%, significantly higher than the national median of 1.02%, and higher than the Minnesota state median of 1.13%.
Median Red Lake Falls, Minnesota home value: $157,900
Median annual Red Lake Falls, Minnesota tax bill: $2,368, lower than the national median property tax bill of $2,400.

How are property taxes in Red Lake County calculated?

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

Last Updated April 13, 2026

Red Lake Falls, Red Lake County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.75%

Estimate Property Tax Bill

$2,763

$2,564

How Does the Red Lake Falls Property Tax Calculator Work?

Use this Red Lake Falls property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Red Lake Falls's median effective tax rate of 1.75% — based on actual property records in Red Lake County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Red Lake Falls'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 Red Lake Falls: rates range from 1.75% in 56750 to 1.75% in 56750, 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 Red Lake Falls.

About Red Lake Falls Property Taxes

About Property Taxes in Red Lake Falls, Red Lake, Minnesota

Red Lake Falls’s median effective property tax rate of 1.75% is higher than the Minnesota state median of 1.13% and higher than the national median of 1.02%. This rate reflects the Red Lake 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 Red Lake Falls. Homeowners in the 56750 ZIP code carry a median effective rate of 1.75%, while those in the same ZIP pay 1.75%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Red Lake County. Understanding which part of Red Lake Falls you live in can make a meaningful difference to your annual tax bill.

Red Lake Falls homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Red Lake Falls, Red Lake 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 Red Lake Falls's effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.

Property Tax Rates Across Red Lake Falls, Red Lake County, Minnesota

Source: Ownwell

0.65%

1.20%

1.75%

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 Falls Tax Rate

1.75%

Median Effective Red Lake County Tax Rate

1.20%

Median Effective Minnesota Tax Rate

1.13%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Red Lake Falls, Red Lake County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56750	0.94%	1.19%	1.75%	1.97%	2.08%

Source: Ownwell

Property Tax Assessment Values Across Red Lake Falls, Red Lake County, Minnesota

When examining property taxes in Red Lake Falls, 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 Red Lake 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.

Assessment notices:

In Red Lake County, assessment notices are sent in March each year.

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 example, the median home price in Red Lake Falls is $157,900, with a median tax bill of $2,368. That is close to the national median property tax bill of $2,400 and reflects a property tax rate that can vary across the county. The highest median home price is in 56750 at $157,900.

Property Tax Assessment Values Across Red Lake Falls, Red Lake County, Minnesota

Source: Ownwell

$92,850

$131,175

$169,500

Median Red Lake Falls Market Value

$157,900

Median Red Lake County Market Value

$140,050

Median Minnesota Market Value

$304,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Red Lake Falls, Red Lake County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56750	$30,640	$93,475	$157,900	$218,650	$291,030

Source: Ownwell

Property Tax Bills Across Red Lake Falls, Red Lake County, Minnesota

Property tax bills in Red Lake Falls are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then used to determine how much tax a homeowner owes after local taxing authorities set their budgets and levy rates. For a home with a median home price of $157,900, the tax bill can vary widely depending on the assessment and the local rate.

What factors are considered? Property characteristics, location, and how the home compares with similar properties all play a role in the assessment. In Red Lake County, the median property tax bill is $2,368, which is slightly below the national median property tax bill of $2,400 and close to the national median property tax rate of 1.02%.

How does this affect homeowners? Higher assessments can lead to larger tax bills, while lower assessments may reduce what is owed. In Red Lake Falls, bills range from $1,182 at the 25th percentile to $4,483 at the 90th percentile, showing how much taxes can differ from one homeowner to another.

Property Tax Bills Across Red Lake Falls, Red Lake County, Minnesota

Source: Ownwell

$790

$1,579

$2,368

Median Red Lake Falls Tax Bill

$2,368

Median Red Lake County Tax Bill

$1,501

Median Minnesota Tax Bill

$3,364

Median United States Tax Bill

$2,400

Property Tax Bills Across Red Lake Falls, Red Lake County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56750	$449	$1,182	$2,368	$3,524	$4,483

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	April 30

Links
Red Lake Tax Assessor
Website	tax.cptmn.us

Frequently Asked Property Tax Questions in Red Lake Falls, Minnesota

How are property taxes calculated in Red Lake Falls, Minnesota?

Property taxes in Red Lake Falls, Minnesota are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Red Lake Falls, Minnesota?

To appeal your property taxes in Red Lake Falls, Minnesota, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Red Lake Falls, Minnesota?

Common property tax exemptions in Red Lake Falls, Minnesota include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Red Lake Falls, Minnesota?

Property tax deadlines in Red Lake Falls, Minnesota vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Red Lake Falls, Minnesota?

Ownwell provides professional property tax appeal services in Red Lake Falls, Minnesota. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.