Property Tax & Income in Itasca County, Minnesota
Itasca County has an effective property tax rate of 0.86%. On the median home value of $225,200, that's roughly $1,945 per year. Median household income is $68,603.
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 | Itasca County | Minnesota (state context) |
|---|---|---|
| Effective property tax rate1 | 0.86% | 0.98% |
| Median home value1 | $225,200 | — |
| 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 Itasca County, MN
Buying in Itasca County, Minnesota, comes with a median home value of $225,200 and an annual property tax bill around $1,945, based on an effective rate of 0.864%. That rate sits below Minnesota's statewide median of 0.985% and ranks 66th among the state's 87 counties. Compared with the national median of 0.794%, though, local taxes run a bit higher. Households here earn a median of $68,603, with per-capita income at $37,533. Towns like Cohasset, Bovey, and Calumet anchor the county's communities. For a buyer weighing affordability, the combination of moderate home prices and a below-average state tax rate may stretch a budget further than in many Minnesota counties, even if the national picture looks slightly different.