Zimmerman, Sherburne County, Minnesota Property Taxes

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

Median Zimmerman, MN effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Zimmerman, MN home value: $349,000
Median annual Zimmerman, MN tax bill: $3,502, $1,102 higher than the national median property tax bill of $2,400.

How are property taxes in Sherburne calculated?

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

Last Updated March 1, 2025

Zimmerman, Sherburne County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.01%

Estimate Property Tax Bill

$3,525

$3,271

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

Property Tax Rates Across Zimmerman, Sherburne County, Minnesota

Local government entities set tax rates, which can vary widely within a state. This is 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. In Zimmerman, located in Sherburne County, Minnesota, the effective property tax rate is a reflection of this process. Interestingly, Zimmerman shares the same effective property tax rate as the state median, which is slightly below the national median of 1.02%. This suggests that property owners in Zimmerman might experience a relatively moderate tax burden compared to many other parts of the country. When evaluating property tax obligations, understanding how these rates are determined can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Zimmerman, Sherburne County, Minnesota

Source: Ownwell

0.78%

0.99%

1.20%

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 Zimmerman Tax Rate

1.01%

Median Effective Sherburne County Tax Rate

1.08%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Zimmerman, Sherburne County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55398	0.75%	0.81%	1.01%	1.14%	1.20%

Source: Ownwell

Property Tax Assessment Values Across Zimmerman, Sherburne County, Minnesota

When examining property taxes in Zimmerman, 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 Sherburne County Appraisal District 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 Sherburne 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 Zimmerman.

For example, the median home price in Zimmerman is $349,000, with tax bills ranging significantly across the county. Zip code 55398 has the highest median home price at $349,000.

Property Tax Assessment Values Across Zimmerman, Sherburne County, Minnesota

Source: Ownwell

$247,950

$310,625

$373,300

Median Zimmerman Market Value

$349,000

Median Sherburne County Market Value

$345,300

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Zimmerman, Sherburne County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55398	$184,050	$270,700	$349,000	$432,950	$522,000

Source: Ownwell

Property Tax Bills Across Zimmerman, Sherburne County, Minnesota

In Zimmerman, located in Sherburne County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Zimmerman face a median property tax bill of $3,502, significantly higher than the national median of $2,400. The tax bill can range from $2,718 at the 25th percentile to $5,319 at the 90th percentile, depending on factors such as property size, location, and improvements. High property taxes can be a burden for homeowners, affecting their overall financial health.

Ownwell offers valuable assistance by reviewing property assessments and identifying potential discrepancies or overvaluations. By filing appeals and seeking exemptions where applicable, Ownwell can help homeowners reduce their property tax bills. This service not only ensures fair taxation but also provides homeowners with peace of mind, knowing they are not overpaying on their property taxes.

Property Tax Bills Across Zimmerman, Sherburne County, Minnesota

Source: Ownwell

$2,472

$3,465

$4,458

Median Zimmerman Tax Bill

$3,502

Median Sherburne County Tax Bill

$3,686

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Zimmerman, Sherburne County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55398	$1,957	$2,718	$3,502	$4,348	$5,319

Source: Ownwell