Redwood County, Minnesota Property Taxes
Property Taxes in Redwood County, Minnesota
Median Redwood County effective property tax rate: 1.27%, significantly higher than the national median of 1.02%.
Median Redwood County home value: $125,800
Median annual Redwood County tax bill: $1,428, lower than the national median property tax bill of $2,400.
How are property taxes in Redwood County calculated?
Property taxes in Redwood County 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.
Why do property taxes in Redwood County matter? Because the county’s effective property tax rate is 1.27%, which is higher than the Minnesota median tax rate of 1.13%.
What can homeowners do to lower their bill? Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings.
Whether you live in Redwood County or another part of Redwood County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Redwood County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.27%
Estimate Property Tax Bill
$1,598
$1,483
How Does the Redwood County Property Tax Calculator Work?
Use this Redwood County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Redwood County's median effective tax rate of 1.27% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Redwood County’s median effective tax rate is higher than Minnesota’s 1.13% median rate, while the median property tax bill of $1,428 is lower than the state median bill by $972 and below the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Redwood County.
Property Tax Rates Across Redwood County, Minnesota
What Are Effective Property Tax Rates Across Redwood County?
Local government entities set tax rates, which vary widely across Redwood County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Redwood County's effective property tax rate to other counties in Minnesota or the U.S. median of 1.02%.
Redwood County's median effective rate stands at 1.27%, which is higher than the national median of 1.02%. Within Redwood County, the highest rate is found in Milroy at 1.96%, while Springfield has the lowest at 0.56%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· 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 Redwood County Tax Rate
1.27%
Our median effective property tax rate (tax bill Ă· 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 Minnesota Tax Rate
1.13%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Redwood County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belview | 0.56% | 0.72% | 1.40% | 1.68% | 2.20% |
| Clements | 0.58% | 0.76% | 1.10% | 1.50% | 2.92% |
| Lamberton | 0.59% | 1.48% | 1.80% | 2.29% | 2.85% |
| Lucan | 0.53% | 0.72% | 1.49% | 1.88% | 2.18% |
| Milroy | 0.84% | 0.94% | 1.96% | 2.23% | 2.51% |
| Morgan | 0.74% | 1.02% | 1.16% | 1.35% | 1.58% |
| Morton | 0.66% | 0.72% | 0.80% | 0.89% | 0.95% |
| Redwood Falls | 0.76% | 1.06% | 1.27% | 1.42% | 1.50% |
| Revere | 0.55% | 0.64% | 1.74% | 2.53% | 3.42% |
| Sanborn | 0.57% | 0.88% | 0.96% | 1.15% | 1.35% |
| Seaforth | 1.12% | 1.23% | 1.45% | 1.77% | 1.88% |
| Sleepy Eye | 0.46% | 0.50% | 0.68% | 0.76% | 1.20% |
| Springfield | 0.42% | 0.47% | 0.56% | 0.60% | 0.64% |
| Tracy | 0.43% | 0.57% | 0.58% | 0.62% | 0.79% |
| Vesta | 0.54% | 0.91% | 1.04% | 1.34% | 1.42% |
| Wabasso | 0.54% | 0.77% | 1.33% | 1.51% | 1.71% |
| Walnut Grove | 0.62% | 1.04% | 1.16% | 1.44% | 1.57% |
| Wanda | 1.23% | 1.28% | 1.53% | 1.84% | 1.93% |
| Echo | N/A | N/A | N/A | N/A | N/A |
| Franklin | N/A | N/A | N/A | N/A | N/A |
| Marshall | N/A | N/A | N/A | N/A | N/A |
| Renville | N/A | N/A | N/A | N/A | N/A |
| Wood Lake | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Redwood County, Minnesota
When examining property taxes in Redwood County, 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 Redwood 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 Redwood 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 Redwood County.
For example, the median tax bill in Redwood County is $1,428, compared with the national median property tax bill of $2,400. Tax bills range significantly across the county, from $675 in Seaforth to $2,370 in Morton. Tracy has the highest median home price at $290,050, while the county median home price is $125,800.
Property Tax Assessment Values Across Redwood County, Minnesota
Source: Ownwell
$49,650
$169,850
$290,050
Median Redwood County Market Value
$125,800
Median Minnesota Market Value
$304,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Redwood County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belview | $13,220 | $53,150 | $96,000 | $162,375 | $236,480 |
| Clements | $5,100 | $27,000 | $87,500 | $161,700 | $259,000 |
| Lamberton | $10,900 | $47,150 | $83,100 | $146,500 | $250,200 |
| Lucan | $17,800 | $67,975 | $119,200 | $203,625 | $337,850 |
| Milroy | $19,200 | $79,700 | $124,700 | $186,600 | $287,620 |
| Morgan | $21,160 | $72,575 | $124,100 | $193,450 | $287,720 |
| Morton | $43,600 | $173,500 | $284,000 | $396,300 | $458,800 |
| Redwood Falls | $35,060 | $92,100 | $150,000 | $230,600 | $340,960 |
| Revere | $4,160 | $19,300 | $55,600 | $231,150 | $354,800 |
| Sanborn | $21,680 | $49,800 | $89,700 | $151,100 | $250,820 |
| Seaforth | $2,920 | $18,275 | $49,650 | $109,300 | $170,290 |
| Sleepy Eye | $175,220 | $205,400 | $242,500 | $284,300 | $552,280 |
| Springfield | $151,070 | $198,575 | $272,400 | $416,325 | $1,238,510 |
| Tracy | $193,750 | $226,550 | $290,050 | $373,275 | $407,350 |
| Vesta | $5,480 | $51,300 | $103,100 | $178,450 | $281,060 |
| Wabasso | $45,250 | $87,325 | $146,250 | $239,550 | $370,390 |
| Walnut Grove | $9,260 | $42,625 | $80,500 | $132,925 | $244,790 |
| Wanda | $3,150 | $23,800 | $76,200 | $114,400 | $142,140 |
| Echo | N/A | N/A | N/A | N/A | N/A |
| Franklin | N/A | N/A | N/A | N/A | N/A |
| Marshall | N/A | N/A | N/A | N/A | N/A |
| Renville | N/A | N/A | N/A | N/A | N/A |
| Wood Lake | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Redwood County, Minnesota
Property tax bills in Redwood County are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value changes, the assessed value can change too, which affects the final bill. Homeowners with more valuable properties generally pay more, while those with lower assessed values pay less.
In Redwood County, the median home price is $125,800, and property tax bills vary widely across the county. The 25th percentile tax bill is $776, while the 75th percentile reaches $2,390. For higher-value homes, the 90th percentile tax bill is $3,592. The highest median tax bill is $2,370 in Morton, compared with $675 in Seaforth.
These differences show how property taxes can have a major impact on household budgets. For many homeowners, even a modest change in assessed value can lead to a noticeable shift in annual tax costs.
Median Redwood County Tax Bill
$1,428
Median Minnesota Tax Bill
$3,364
Median United States Tax Bill
$2,400
Property Tax Bills Across Redwood County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belview | $194 | $754 | $1,102 | $1,672 | $2,543 |
| Clements | $126 | $444 | $1,020 | $1,490 | $2,038 |
| Lamberton | $274 | $812 | $1,334 | $2,186 | $3,419 |
| Lucan | $372 | $923 | $1,331 | $2,324 | $3,396 |
| Milroy | $399 | $1,356 | $2,024 | $2,892 | $3,714 |
| Morgan | $259 | $808 | $1,389 | $2,160 | $2,996 |
| Morton | $402 | $1,380 | $2,370 | $3,248 | $4,124 |
| Redwood Falls | $398 | $1,002 | $1,744 | $2,854 | $4,014 |
| Revere | $166 | $432 | $1,058 | $1,691 | $2,312 |
| Sanborn | $266 | $480 | $814 | $1,280 | $1,799 |
| Seaforth | $60 | $284 | $675 | $1,294 | $2,346 |
| Sleepy Eye | $1,206 | $1,284 | $1,608 | $2,222 | $2,902 |
| Springfield | $923 | $1,110 | $1,416 | $2,172 | $4,981 |
| Tracy | $1,108 | $1,270 | $1,739 | $2,292 | $2,813 |
| Vesta | $73 | $555 | $942 | $1,534 | $2,487 |
| Wabasso | $542 | $1,005 | $1,639 | $2,569 | $3,909 |
| Walnut Grove | $118 | $494 | $854 | $1,468 | $2,318 |
| Wanda | $61 | $416 | $1,008 | $1,686 | $2,166 |
| Echo | N/A | N/A | N/A | N/A | N/A |
| Franklin | N/A | N/A | N/A | N/A | N/A |
| Marshall | N/A | N/A | N/A | N/A | N/A |
| Renville | N/A | N/A | N/A | N/A | N/A |
| Wood Lake | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 30 |
Links | |
|---|---|
| Redwood Tax Assessor | |
| Website | tax.cptmn.us |