Property Tax & Income in Faribault County, Minnesota
Faribault County has an effective property tax rate of 0.99%. On the median home value of $135,300, that's roughly $1,334 per year. Median household income is $66,815.
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 | Faribault County | Minnesota (state context) |
|---|---|---|
| Effective property tax rate1 | 0.99% | 0.98% |
| Median home value1 | $135,300 | — |
| 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 Faribault County, MN
Faribault County’s effective property tax rate of 0.986% sits just above Minnesota’s statewide median of 0.985%, a difference so slight it barely separates the two. Against the national median of 0.794%, however, the county runs noticeably higher. Its rank of 43rd out of 87 Minnesota counties places it squarely in the middle of the state. The median home value in Faribault County is $135,300, which yields a median annual real-estate tax bill of $1,334. Households here earn a median of $66,815, while per-capita income is $38,110. Among the county’s principal communities — Blue Earth, Bricelyn, and Delavan — Blue Earth is the largest. The rate signals a county that tracks Minnesota norms closely but exceeds what much of the country pays, even as its property values remain below many national figures.