Property Tax & Income in Aitkin County, Minnesota
Aitkin County has an effective property tax rate of 0.55%. On the median home value of $255,800, that's roughly $1,407 per year. Median household income is $60,833.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Aitkin County | Minnesota (state context) |
|---|---|---|
| Effective property tax rate1 | 0.55% | 0.98% |
| Median home value1 | $255,800 | — |
| State income tax3 | top rate 9.85% | top rate 9.85% |
| State sales tax3 | 8.14% combined | 8.14% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Aitkin County, MN
In Aitkin County, Minnesota, the property tax picture looks favorable for buyers. The effective rate of 0.550% sits well below Minnesota's statewide median of 0.985% and the national median of 0.794%. On a median home value of $255,800, that works out to an annual real-estate tax bill of about $1,407. Households here bring in a median of $60,833, with per-capita income at $36,503. Among the county's communities, including Hill City, Jacobson, and Mcgregor, buyers will find that housing costs and tax obligations stay comparatively contained. Statewide, Aitkin County ranks 87th of 87 counties by property tax rate, meaning no Minnesota county offers a lower effective rate. That position could appeal to anyone weighing affordability against the amenities of a smaller northern community.