Beaver Creek, Rock County, Minnesota Property Taxes

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

Median Beaver Creek, MN effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Beaver Creek, MN home value: $210,000
Median annual Beaver Creek, MN tax bill: $1,606, $794 lower than the national median property tax bill of $2,400.

How are property taxes in Rock County calculated?

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

Last Updated March 1, 2025

Beaver Creek, Rock County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.89%

Estimate Property Tax Bill

$1,869

$1,734

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

Property Tax Rates Across Beaver Creek, Rock County, Minnesota

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation is largely due to each county's annual budgetary needs. Counties estimate their required budget for providing essential services and then divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is essentially the annual process.

In Beaver Creek, located in Rock County, Minnesota, the effective property tax rate is 0.89%. This rate aligns with both the highest and lowest median tax rates within the area, demonstrating a uniformity across the region. In comparison to the national median property tax rate of 1.02%, Beaver Creek's rate is lower, offering residents a more favorable tax environment. Additionally, the national median property tax bill is $2,400, which can serve as a benchmark for residents to assess their own tax obligations. Understanding these rates can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Beaver Creek, Rock County, Minnesota

Source: Ownwell

0.51%

0.75%

1.00%

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 Beaver Creek Tax Rate

0.89%

Median Effective Rock County Tax Rate

0.93%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Beaver Creek, Rock County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56116	0.56%	0.60%	0.89%	1.00%	1.05%

Source: Ownwell

Property Tax Assessment Values Across Beaver Creek, Rock County, Minnesota

When examining property taxes in Beaver Creek, 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 Rock 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 Rock 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 Beaver Creek.

For example, the median home price in Beaver Creek is $210,000, with tax bills ranging significantly across the county. 56116 has the highest median home price at $210,000.

Property Tax Assessment Values Across Beaver Creek, Rock County, Minnesota

Source: Ownwell

$48,700

$137,200

$225,700

Median Beaver Creek Market Value

$210,000

Median Rock County Market Value

$166,600

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Beaver Creek, Rock County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56116	$54,800	$123,850	$210,000	$289,500	$405,480

Source: Ownwell

Property Tax Bills Across Beaver Creek, Rock County, Minnesota

In Beaver Creek, Minnesota, property tax bills are calculated based on the assessed value of the home, which is determined by the local assessor. The median home price in Beaver Creek is $210,000. Homeowners can expect their property tax bill to vary, with the 25th percentile paying around $1,008 and the 75th percentile facing a bill of approximately $2,402. The 90th percentile reaches up to $3,027. The median tax bill in the area stands at $1,606, which is below the national median property tax bill of $2,400, making Beaver Creek relatively affordable. Factors influencing the tax bill include property size, location, and any applicable exemptions or reductions. High property taxes can strain homeowners' budgets, but Ownwell offers a solution by providing expert property tax appeal and exemption services. By leveraging Ownwell's expertise, homeowners in Beaver Creek can potentially reduce their property tax bills, ensuring they only pay their fair share and enhancing their financial well-being.

Property Tax Bills Across Beaver Creek, Rock County, Minnesota

Source: Ownwell

$311

$1,092

$1,872

Median Beaver Creek Tax Bill

$1,606

Median Rock County Tax Bill

$1,430

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Beaver Creek, Rock County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56116	$436	$1,008	$1,606	$2,402	$3,027

Source: Ownwell