Maple Lake, Wright County, Minnesota Property Taxes

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

Median Maple Lake, MN effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Maple Lake, MN home value: $336,200
Median annual Maple Lake, MN tax bill: $3,126, $726 higher than the national median property tax bill of $2,400.

How are property taxes in Wright County calculated?

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

Last Updated March 1, 2025

Maple Lake, Wright County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.83%

Estimate Property Tax Bill

$2,790

$2,589

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

Property Tax Rates Across Maple Lake, Wright County, Minnesota

Local government entities set tax rates, which can vary widely within a state. This variance occurs 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, resulting 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.

Maple Lake in Wright County, Minnesota, offers a compelling case study in property tax rates. The effective property tax rate here is 0.83%, which is lower than the national median property tax rate of 1.02%. This means that homeowners in Maple Lake could benefit from relatively lower property tax bills compared to the national average. Additionally, Maple Lake's rate aligns with the highest and lowest median tax rates within its zip code, indicating a consistent approach to property taxation in the area. By examining these rates, property owners can better understand their potential tax liabilities and explore opportunities for appealing their assessments or seeking exemptions.

Property Tax Rates Across Maple Lake, Wright County, Minnesota

Source: Ownwell

0.68%

0.91%

1.13%

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 Maple Lake Tax Rate

0.83%

Median Effective Wright County Tax Rate

1.04%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Maple Lake, Wright County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55358	0.62%	0.75%	0.83%	1.11%	1.22%

Source: Ownwell

Property Tax Assessment Values Across Maple Lake, Wright County, Minnesota

When examining property taxes in Maple Lake, 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 Wright County Assessor's Office 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 Wright 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 Maple Lake.

For example, the median home price in Maple Lake is $336,200, with tax bills ranging significantly across the county. The zip code 55358 has the highest median home price at $336,200.

Property Tax Assessment Values Across Maple Lake, Wright County, Minnesota

Source: Ownwell

$271,300

$421,175

$571,050

Median Maple Lake Market Value

$336,200

Median Wright County Market Value

$352,100

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Maple Lake, Wright County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55358	$195,600	$244,600	$336,200	$525,400	$734,100

Source: Ownwell

Property Tax Bills Across Maple Lake, Wright County, Minnesota

In Maple Lake, located in Wright County, MN, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in this area is $336,200, and property tax rates are applied to this assessed value to determine the annual tax bill. Factors such as local tax levies and the property's classification also influence the final amount. Homeowners in Maple Lake can expect a tax bill that varies widely, with the 25th percentile at $2,412 and the 75th percentile reaching $4,014. The 90th percentile can see bills as high as $5,261. This variability can significantly impact homeowners' finances, especially when compared to the national median property tax bill of $2,400. Ownwell offers valuable services to help homeowners in Maple Lake reduce their property tax bills by appealing assessments and identifying exemptions. By leveraging local expertise and data-driven insights, Ownwell ensures homeowners pay only their fair share, potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Maple Lake, Wright County, Minnesota

Source: Ownwell

$2,768

$4,012

$5,255

Median Maple Lake Tax Bill

$3,126

Median Wright County Tax Bill

$3,554

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Maple Lake, Wright County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55358	$1,816	$2,412	$3,126	$4,014	$5,261

Source: Ownwell