Property Tax & Income in Blue Earth County, Minnesota
Blue Earth County has an effective property tax rate of 0.97%. On the median home value of $266,700, that's roughly $2,601 per year. Median household income is $74,477.
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 | Blue Earth County | Minnesota (state context) |
|---|---|---|
| Effective property tax rate1 | 0.97% | 0.98% |
| Median home value1 | $266,700 | — |
| 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 Blue Earth County, MN
For anyone weighing a home purchase in Blue Earth County, Minnesota, the tax picture looks fairly gentle. The median home value sits at $266,700, and the median annual property tax bill comes to $2,601, which works out to an effective rate of 0.975%. That lands below Minnesota's statewide median of 0.985%, and the county ranks 48th out of 87 on property tax rate. Nationally, though, the median effective rate is 0.794%, so buyers here pay somewhat more than the U.S. benchmark. Households earning the median income of $74,477 would devote roughly 3.5% of that to property taxes. Mankato, the largest community in the county, anchors much of the local housing market, with Amboy and Eagle Lake offering smaller alternatives. Home prices and tax bills together shape what a buyer can afford across these communities.