Green Isle, Sibley County, Minnesota Property Taxes
Property Taxes in Green Isle, Minnesota
Median Green Isle, Minnesota effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, and lower than the Minnesota state median of 1.13%.
Median Green Isle, Minnesota home value: $288,800
Median annual Green Isle, Minnesota tax bill: $3,059, $659 higher than the national median property tax bill of $2,400.
How are property taxes in Sibley County calculated?
Property taxes in Green Isle, 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 Green Isle's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Green Isle, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Green Isle, Sibley County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.82%
Estimate Property Tax Bill
$2,368
$2,198
How Does the Green Isle Property Tax Calculator Work?
Use this Green Isle property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Green Isle's median effective tax rate of 0.82% — based on actual property records in Sibley County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Green Isle'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 Green Isle: rates range from 0.82% in 55338 to 0.82% in 55338, 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 Green Isle.
About Green Isle Property Taxes
About Property Taxes in Green Isle, Sibley, Minnesota
Green Isle’s median effective property tax rate of 0.82% is lower than the Minnesota state median of 1.13% and lower than the national median of 1.02%. This rate reflects the Sibley 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 Green Isle. Homeowners in ZIP code 55338 carry a median effective rate of 0.82%, and the same ZIP also has the lowest rate at 0.82%. This reflects how school district boundaries and local assessment districts are drawn across Sibley County. Understanding where you live in Green Isle can make a meaningful difference to your annual tax bill.
Green Isle homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before April 30, 2026.
If your estimated bill 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 Green Isle, Sibley 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 Green Isle's effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.
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 Green Isle Tax Rate
0.82%
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 Sibley County Tax Rate
0.79%
Median Effective Minnesota Tax Rate
1.13%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Green Isle, Sibley County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55338 | 0.30% | 0.50% | 0.82% | 1.52% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Green Isle, Sibley County, Minnesota
When examining property taxes in Green Isle, 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 Sibley 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 Sibley 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 Green Isle.
For example, the median home price in Green Isle is $288,800, with tax bills ranging significantly across the county. 55338 has the highest median home price at $288,800.
Property Tax Assessment Values Across Green Isle, Sibley County, Minnesota
Source: Ownwell
$109,650
$514,250
$918,850
Median Green Isle Market Value
$288,800
Median Sibley County Market Value
$277,450
Median Minnesota Market Value
$304,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Green Isle, Sibley County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55338 | $128,160 | $205,200 | $288,800 | $457,100 | $973,000 |
Source: Ownwell
Property Tax Bills Across Green Isle, Sibley County, Minnesota
Property tax bills in Green Isle are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. For a home with a median home price of $288,800, the tax bill reflects how that market value is translated into assessed value, then multiplied by the applicable rate to determine what the homeowner owes.
Several factors affect the final bill, including the home’s assessed value, local budgets, and any exemptions or appeals that may reduce taxable value. In Green Isle, the 25th percentile tax bill is $1,883, while the 75th percentile is $4,006 and the 90th percentile is $5,284, showing how much bills can vary from one property to another.
For homeowners, this means property taxes can have a meaningful impact on annual housing costs. A higher assessed value usually leads to a higher bill, while a successful appeal or exemption can lower it.
Median Green Isle Tax Bill
$3,059
Median Sibley County Tax Bill
$2,426
Median Minnesota Tax Bill
$3,364
Median United States Tax Bill
$2,400
Property Tax Bills Across Green Isle, Sibley County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 55338 | $864 | $1,883 | $3,059 | $4,006 | $5,284 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 30 |
Links | |
|---|---|
| Sibley Tax Assessor | |
| Website | sibley.minnesotaassessors.com |