South Haven, Wright County, Minnesota Property Taxes

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

Median South Haven, MN effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median South Haven, MN home value: $405,600
Median annual South Haven, MN tax bill: $2,768, $368 higher than the national median property tax bill of $2,400.

How are property taxes in Wright calculated?

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

Last Updated March 1, 2025

South Haven, Wright County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.7%

Estimate Property Tax Bill

$2,965

$2,752

Ownwell’s South Haven Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in South Haven with just two data points. By entering your property's estimated assessed value, our calculator applies South Haven’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 South Haven, Wright County, Minnesota

Local government entities set tax rates, which can vary widely within a state. This variation occurs because 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. In South Haven, Wright County, MN, the effective property tax rate is 0.68%, which is significantly lower than the national median property tax rate of 1.02%. When comparing South Haven to other cities in Minnesota, it becomes evident that South Haven enjoys a favorable tax rate. This rate is not only the highest but also the lowest within the 55382 zip code, providing residents with a consistent and predictable tax environment. The relatively low tax rate in South Haven may appeal to property owners looking for a cost-effective location within Minnesota, offering a distinct advantage over areas with higher tax rates.

Property Tax Rates Across South Haven, Wright County, Minnesota

Source: Ownwell

0.70%

0.95%

1.19%

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 South Haven Tax Rate

0.70%

Median Effective Wright County Tax Rate

1.07%

Median Effective Minnesota Tax Rate

1.13%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across South Haven, Wright County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55382	0.51%	0.63%	0.70%	0.74%	0.83%

Source: Ownwell

Property Tax Assessment Values Across South Haven, Wright County, Minnesota

When examining property taxes in South Haven, 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 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 South Haven.

For example, the median home price in South Haven is $405,600, with tax bills ranging significantly across the county. Zip code 55382 has the highest median home price at $405,600.

Property Tax Assessment Values Across South Haven, Wright County, Minnesota

Source: Ownwell

$277,650

$416,975

$556,300

Median South Haven Market Value

$423,600

Median Wright County Market Value

$347,900

Median Minnesota Market Value

$304,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across South Haven, Wright County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55382	$149,100	$255,400	$423,600	$649,200	$948,220

Source: Ownwell

Property Tax Bills Across South Haven, Wright County, Minnesota

In South Haven, MN, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is then multiplied by the local property tax rate to calculate the tax bill. The median property tax bill in South Haven is $2,768, which aligns with the national median. However, homeowners may see variations, with tax bills ranging from $1,884 at the 25th percentile to $6,476 at the 90th percentile. Factors influencing these differences include property location, size, and improvements. High property taxes can significantly impact homeowners' finances, especially those with fixed incomes. By appealing the assessed value or applying for exemptions, homeowners can potentially lower their tax bills. Ownwell offers expert property tax consulting services to help homeowners in South Haven navigate this process, ensuring they pay only their fair share. By leveraging local market insights and legal expertise, Ownwell can assist in reducing property tax burdens, providing financial relief to homeowners.

Property Tax Bills Across South Haven, Wright County, Minnesota

Source: Ownwell

$2,848

$3,945

$5,042

Median South Haven Tax Bill

$2,893

Median Wright County Tax Bill

$3,598

Median Minnesota Tax Bill

$3,364

Median United States Tax Bill

$2,400

Property Tax Bills Across South Haven, Wright County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55382	$1,426	$1,960	$2,893	$4,358	$6,444

Source: Ownwell