Waseca, Waseca County, Minnesota Property Taxes

$774 avg. annual savings

No Upfront Costs

You only pay if we save

Property Taxes in Waseca, Minnesota

Median Waseca, Minnesota effective property tax rate: 1.36%, significantly higher than the national median of 1.02%, and higher than the Minnesota state median of 1.13%.
Median Waseca, Minnesota home value: $201,700
Median annual Waseca, Minnesota tax bill: $2,584, higher than the national median property tax bill of $2,400.

How are property taxes in Waseca calculated?

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

Last Updated April 13, 2026

Waseca, Waseca County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.36%

Estimate Property Tax Bill

$2,743

$2,546

How Does the Waseca Property Tax Calculator Work?

Use this Waseca property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Waseca's median effective tax rate of 1.36% — based on actual property records in Waseca County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal 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 Waseca'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 Waseca: rates range from 2584.00 in 56093 to 2584.00 in 56093, 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 Waseca.

About Waseca Property Taxes

About Property Taxes in Waseca, Waseca, Minnesota

Waseca’s median effective property tax rate of 1.36% is higher than the Minnesota state median of 1.13% and higher than the national median of 1.02%. This rate reflects the Waseca 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 Waseca. Homeowners in the 56093 ZIP code carry a median effective rate of 1.36%, while those in the lowest ZIP also pay 1.36%. This spread reflects how school district boundaries and local assessment districts are drawn across Waseca County. Understanding which part of Waseca you live in can make a meaningful difference to your annual tax bill.

Waseca homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the April 30, 2026 deadline each year.

If your estimated bill above 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 Waseca, Waseca 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 Waseca's effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.

Property Tax Rates Across Waseca, Waseca County, Minnesota

Source: Ownwell

0.39%

0.92%

1.45%

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 Waseca Tax Rate

1.36%

Median Effective Waseca County Tax Rate

1.31%

Median Effective Minnesota Tax Rate

1.13%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Waseca, Waseca County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56093	0.78%	0.90%	1.36%	1.47%	1.56%

Source: Ownwell

Property Tax Assessment Values Across Waseca, Waseca County, Minnesota

When examining property taxes in Waseca, 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 Waseca 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.

Assessment notices:

In Waseca County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.

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 Waseca.

For example, the median home price in Waseca is $201,700, with tax bills ranging significantly across the county. 56093 has the highest median home price at $201,700.

Property Tax Assessment Values Across Waseca, Waseca County, Minnesota

Source: Ownwell

$130,800

$615,550

$1,100,300

Median Waseca Market Value

$201,700

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, Waseca County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56093	$99,120	$145,300	$201,700	$300,000	$441,220

Source: Ownwell

Property Tax Bills Across Waseca, Waseca County, Minnesota

Property tax bills in Waseca are calculated by multiplying a home’s assessed value by the local tax rate, then applying any exemptions or credits that may reduce the amount owed. The assessed value is based on the market value of the property, and local taxing authorities use that value to determine each homeowner’s share of public services.

For a home with a median price of $201,700, the typical tax bill in Waseca is $2,584, which is above the national median property tax bill of $2,400. Bills can vary widely, with the 25th percentile at $1,846 and the 75th percentile at $3,510. At the higher end, the 90th percentile reaches $4,629. These differences reflect changes in assessed value, tax rates, and available exemptions.

For homeowners, this means property taxes can have a meaningful impact on annual housing costs, especially when market values rise faster than assessments are adjusted.

Property Tax Bills Across Waseca, Waseca County, Minnesota

Source: Ownwell

$1,942

$2,727

$3,512

Median Waseca Tax Bill

$2,584

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, Waseca County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56093	$1,128	$1,846	$2,584	$3,510	$4,629

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	April 30

Links
Waseca Tax Assessor
Website	property-info.wasecacounty.gov

Frequently Asked Property Tax Questions in Waseca, Minnesota

How are property taxes calculated in Waseca, Minnesota?

Property taxes in Waseca, Minnesota are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Waseca, Minnesota?

To appeal your property taxes in Waseca, Minnesota, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Waseca, Minnesota?

Common property tax exemptions in Waseca, Minnesota include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Waseca, Minnesota?

Property tax deadlines in Waseca, Minnesota vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Waseca, Minnesota?

Ownwell provides professional property tax appeal services in Waseca, Minnesota. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.