Waseca County, Minnesota Property Taxes
Property Taxes in Waseca County, Minnesota
Median Waseca County effective property tax rate: 1.31%, significantly higher than the national median of 1.02%.
Median Waseca County home value: $209,300
Median annual Waseca County tax bill: $2,538, $138 higher than the national median property tax bill of $2,400.
How are property taxes in Waseca County calculated?
Property taxes in Waseca County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Waseca or another part of Waseca County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Waseca County, Minnesota Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.31%
Estimate Property Tax Bill
$2,742
$2,544
How Does the Waseca County Property Tax Calculator Work?
Use this Waseca County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Waseca County's median effective tax rate of 1.31% to generate your estimate.
Enter your property's estimated assessed value — the figure used for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Waseca County's median tax rate is higher than Minnesota's 1.13% median rate, and the median tax bill of $2,538 is higher than the state median by $138.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Waseca County.
Property Tax Rates Across Waseca County, Minnesota
What Are Effective Property Tax Rates Across Waseca County?
Local government entities set tax rates, which vary widely across Waseca County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Waseca County's effective property tax rate to other counties in Minnesota or the U.S. median of 1.02%.
Waseca County's median effective rate stands at 1.31%, which is higher than the national median of 1.02%. Within Waseca County, the highest rate is found in Waldorf at 1.45%, while Morristown has the lowest at 0.74%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· 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 Waseca County Tax Rate
1.31%
Our median effective property tax rate (tax bill Ă· 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 Minnesota Tax Rate
1.13%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Waseca County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Elysian | 0.45% | 0.75% | 0.85% | 0.90% | 1.17% |
| Janesville | 0.62% | 0.86% | 1.29% | 1.40% | 1.47% |
| Madison Lake | 0.35% | 0.51% | 0.81% | 0.85% | 0.89% |
| Minnesota Lake | 0.37% | 0.48% | 0.75% | 0.85% | 0.89% |
| Morristown | 0.35% | 0.43% | 0.74% | 0.84% | 0.90% |
| New Richland | 0.42% | 0.71% | 1.08% | 1.42% | 1.57% |
| Pemberton | 0.32% | 0.34% | 0.80% | 0.86% | 0.88% |
| Waldorf | 0.38% | 0.85% | 1.45% | 1.75% | 2.07% |
| Waseca | 0.78% | 0.90% | 1.36% | 1.47% | 1.56% |
| Waterville | 0.42% | 0.76% | 0.84% | 0.85% | 0.86% |
| Wells | 0.29% | 0.32% | 0.39% | 0.74% | 0.86% |
| Ellendale | N/A | N/A | N/A | N/A | N/A |
| Hartland | N/A | N/A | N/A | N/A | N/A |
| Mapleton | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Waseca County, Minnesota
When examining property taxes in Waseca County, 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 Waseca 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 are sent in the spring each year and typically reach your mailbox by the middle of March. 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.
For example, the median tax bill in Waseca County is $2,538, which is above the national median property tax bill of $2,400. Tax bills range significantly across the county, with Waldorf at $1,942 and Wells at $3,512. Wells also has the highest median home price at $1,100,300.
Property Tax Assessment Values Across Waseca County, Minnesota
Source: Ownwell
$130,800
$615,550
$1,100,300
Median Waseca County Market Value
$209,300
Median Minnesota Market Value
$304,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Waseca County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Elysian | $94,600 | $215,700 | $274,600 | $488,950 | $726,800 |
| Janesville | $110,610 | $167,025 | $232,550 | $326,475 | $522,330 |
| Madison Lake | $205,760 | $240,200 | $357,750 | $558,425 | $1,257,310 |
| Minnesota Lake | $165,740 | $217,450 | $307,900 | $1,096,350 | $1,876,300 |
| Morristown | $231,280 | $271,850 | $372,400 | $1,139,000 | $1,429,590 |
| New Richland | $82,920 | $130,600 | $184,700 | $315,800 | $655,160 |
| Pemberton | $134,590 | $199,325 | $314,100 | $625,300 | $1,535,350 |
| Waldorf | $41,510 | $84,900 | $130,800 | $251,575 | $999,760 |
| Waseca | $99,120 | $145,300 | $201,700 | $300,000 | $441,220 |
| Waterville | $236,650 | $334,925 | $418,950 | $502,450 | $644,150 |
| Wells | $142,440 | $298,450 | $1,100,300 | $1,524,775 | $1,819,740 |
| Ellendale | N/A | N/A | N/A | N/A | N/A |
| Hartland | N/A | N/A | N/A | N/A | N/A |
| Mapleton | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Waseca County, Minnesota
Property tax bills in Waseca County are calculated by applying the local property tax rate to a home’s assessed market value, then adjusting for any exemptions or local taxing authorities. The assessed value is a key factor because it determines the base amount used to calculate the bill. For a home with a median home price of $209,300, the final tax bill can vary significantly depending on location and the mix of school, city, and county levies.
Homeowners in Waseca County typically see a wide range of bills. The 25th percentile tax bill is $1,792, while the 75th percentile tax bill is $3,500 and the 90th percentile tax bill is $4,672. That spread shows how much taxes can differ even among similar homes. In Wells, the highest median tax bill is $3,512, while Waldorf has the lowest median tax bill at $1,942. Because property taxes are based on assessed value and local rates, a higher bill can have a meaningful impact on monthly housing costs and overall affordability.
Median Waseca County Tax Bill
$2,538
Median Minnesota Tax Bill
$3,364
Median United States Tax Bill
$2,400
Property Tax Bills Across Waseca County, Minnesota
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Elysian | $646 | $1,698 | $2,600 | $4,111 | $6,064 |
| Janesville | $1,032 | $1,956 | $2,778 | $3,654 | $4,720 |
| Madison Lake | $1,592 | $1,710 | $2,924 | $3,926 | $5,783 |
| Minnesota Lake | $1,279 | $1,711 | $2,512 | $5,076 | $8,604 |
| Morristown | $1,329 | $2,231 | $2,769 | $5,450 | $8,860 |
| New Richland | $754 | $1,484 | $2,094 | $2,906 | $4,270 |
| Pemberton | $937 | $1,573 | $2,208 | $3,160 | $5,594 |
| Waldorf | $546 | $1,251 | $1,942 | $2,643 | $4,243 |
| Waseca | $1,128 | $1,846 | $2,584 | $3,510 | $4,629 |
| Waterville | $1,591 | $2,296 | $3,122 | $3,920 | $4,896 |
| Wells | $1,071 | $2,381 | $3,512 | $5,544 | $5,894 |
| Ellendale | N/A | N/A | N/A | N/A | N/A |
| Hartland | N/A | N/A | N/A | N/A | N/A |
| Mapleton | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 30 |
Links | |
|---|---|
| Waseca Tax Assessor | |
| Website | property-info.wasecacounty.gov |