Sanborn, Redwood County, Minnesota Property Taxes

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

Median Sanborn, MN effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%. Median Sanborn, MN home value: $84,550. Median annual Sanborn, MN tax bill: $786, $1,614 lower than the national median property tax bill of $2,400. How are property taxes in Redwood County calculated? Property taxes in Sanborn, 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 Sanborn’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sanborn, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Sanborn, Redwood County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

Estimate Property Tax Bill

$846

$785

Ownwell’s Sanborn Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sanborn with just two data points. By entering your property's estimated assessed value, our calculator applies Sanborn’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 Redwood County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sanborn, Redwood County, Minnesota

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 Sanborn’s effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.

In Sanborn, located in Redwood County, the effective property tax rate is 1.00%, which aligns with the state's median. This is slightly below the national median property tax rate of 1.02%. Homeowners in Sanborn benefit from a property tax bill that is typically lower than the national median bill of $2400. Understanding these rates can empower property owners in Sanborn to make informed decisions about their property tax appeals and exemptions, ensuring they are not overpaying compared to state and national averages.

Property Tax Rates Across Sanborn, Redwood County, Minnesota

Source: Ownwell

0.66%

1.24%

1.83%

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 Sanborn Tax Rate

1.00%

Median Effective Redwood County Tax Rate

1.19%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sanborn, Redwood County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56083	0.63%	0.91%	1.00%	1.20%	1.55%

Source: Ownwell

Property Tax Assessment Values Across Sanborn, Redwood County, Minnesota

When examining property taxes in Sanborn, 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 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.

In Redwood 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 Sanborn. For example, the median home price in Sanborn is $84,550, with tax bills ranging significantly across the county. Zip code 56083 has the highest median home price at $84,550.

Property Tax Assessment Values Across Sanborn, Redwood County, Minnesota

Source: Ownwell

$46,650

$175,025

$303,400

Median Sanborn Market Value

$84,550

Median Redwood County Market Value

$117,650

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sanborn, Redwood County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56083	$21,130	$45,775	$84,550	$143,125	$237,070

Source: Ownwell

Property Tax Bills Across Sanborn, Redwood County, Minnesota

In Sanborn, located in Redwood County, MN, property tax bills are determined by assessing the market value of a home and applying the local tax rate to that value. The median home price in this area is $84,550. Homeowners in Sanborn can expect a property tax bill that ranges significantly, with the 25th percentile at $475 and the 75th percentile at $1,310. The 90th percentile tax bill reaches up to $1,842, indicating a wide variation based on property values and applicable tax rates. Compared to the national median property tax bill of $2,400, Sanborn homeowners generally experience lower tax obligations. However, these taxes still impact household budgets and the overall cost of homeownership. Ownwell provides assistance by reviewing property assessments and identifying opportunities for appeals or exemptions, potentially leading to significant savings. By leveraging expertise in local tax regulations, Ownwell helps homeowners reduce their tax burden, ensuring they only pay their fair share and enhancing their financial well-being.

Property Tax Bills Across Sanborn, Redwood County, Minnesota

Source: Ownwell

$786

$1,464

$2,142

Median Sanborn Tax Bill

$786

Median Redwood County Tax Bill

$1,276

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Sanborn, Redwood County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56083	$280	$475	$786	$1,310	$1,842

Source: Ownwell