Eagle Bend, Todd County, Minnesota Property Taxes
Median Eagle Bend, MN effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Eagle Bend, MN home value: $171,500
Median annual Eagle Bend, MN tax bill: $1,340, $1,060 lower than the national median property tax bill of $2,400.
How are property taxes in Todd County calculated?
Property taxes in Eagle Bend, 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 Eagle Bend’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Eagle Bend, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Eagle Bend, Todd County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$1,544
$1,432
Property Tax Rates Across Eagle Bend, Todd County, Minnesota
Local government entities are responsible for setting property tax rates, which can vary significantly even within a single state. Each year, counties like Todd in Minnesota estimate their budget needs for services and divide this by the total value of all taxable property in their area, resulting in the property tax rate. While this process involves various votes and laws, this is the basic annual procedure.
In Eagle Bend, located in Todd County, the effective property tax rate is 0.90%, which is notably below the national median of 1.02%. This means that homeowners in Eagle Bend enjoy a lower tax rate compared to the average U.S. homeowner. Interestingly, Eagle Bend shares this rate with the highest and lowest rates within its zip code, making it unique in its consistency. Comparing this to other cities in Minnesota, Eagle Bend's rate reflects the state's overall trend of maintaining property tax rates below the national average, providing a potential financial advantage for property owners in the area.
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 Eagle Bend Tax Rate
0.90%
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 Todd County Tax Rate
0.88%
Median Effective Minnesota Tax Rate
1.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Eagle Bend, Todd County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56446 | 0.36% | 0.63% | 0.90% | 1.22% | 1.98% |
Source: Ownwell
Property Tax Assessment Values Across Eagle Bend, Todd County, Minnesota
When examining property taxes in Eagle Bend, 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 Todd 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 Todd 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 Eagle Bend. For example, the median home price in Eagle Bend is $171,500, with tax bills ranging significantly across the county. Zip code 56446 has the highest median home price at $171,500.
Property Tax Assessment Values Across Eagle Bend, Todd County, Minnesota
Source: Ownwell
$81,800
$204,750
$327,700
Median Eagle Bend Market Value
$171,500
Median Todd County Market Value
$198,400
Median Minnesota Market Value
$290,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Eagle Bend, Todd County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56446 | $15,960 | $81,500 | $171,500 | $301,300 | $450,720 |
Source: Ownwell
Property Tax Bills Across Eagle Bend, Todd County, Minnesota
In Eagle Bend, located in Todd County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. With a median home price of $171,500, property taxes can vary significantly. For instance, homeowners in the 25th percentile pay around $730, while those in the 75th percentile face tax bills of approximately $2,254. Some residents in the 90th percentile encounter even higher bills, reaching up to $3,143. These figures illustrate the potential financial burden on homeowners compared to the national median property tax bill of $2,400.
Factors influencing these tax bills include the property's assessed value and local tax rates. Homeowners in Eagle Bend can benefit from appealing their property tax assessments, especially if they believe their home has been overvalued. Ownwell offers expert property tax appeal services, helping homeowners potentially reduce their tax liabilities. By leveraging local market insights and comprehensive data analysis, Ownwell assists in securing fair assessments, ultimately leading to significant savings on property tax bills.
Median Eagle Bend Tax Bill
$1,340
Median Todd County Tax Bill
$1,544
Median Minnesota Tax Bill
$3,182
Median United States Tax Bill
$2,400
Property Tax Bills Across Eagle Bend, Todd County, Minnesota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 56446 | $190 | $730 | $1,340 | $2,254 | $3,143 |
Source: Ownwell