Property Tax & Income in Goodhue County, Minnesota
Goodhue County has an effective property tax rate of 1.05%. On the median home value of $285,100, that's roughly $2,998 per year. Median household income is $84,171.
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 | Goodhue County | Minnesota (state context) |
|---|---|---|
| Effective property tax rate1 | 1.05% | 0.98% |
| Median home value1 | $285,100 | — |
| 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 Goodhue County, MN
In Goodhue County, Minnesota, the median home value sits at $285,100, and the annual property tax bill on such a home comes to about $2,998. That works out to an effective rate of 1.052%, which lands above Minnesota's statewide median of 0.985% and ranks 22nd among the state's 87 counties. Homebuyers weighing a move to Goodhue, Dennison, or Frontenac should know that the national median rate is 0.794%, so this county's tax load is higher than what many parts of the country see. Still, with a median household income of $84,171 and per-capita income of $43,250, the tax bill amounts to roughly 3.6% of household earnings—an expense that leaves room in the budget given local incomes.