Property Tax & Income in Lincoln County, Minnesota
Lincoln County has an effective property tax rate of 0.96%. On the median home value of $164,400, that's roughly $1,574 per year. Median household income is $69,694.
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 | Lincoln County | Minnesota (state context) |
|---|---|---|
| Effective property tax rate1 | 0.96% | 0.98% |
| Median home value1 | $164,400 | — |
| 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 Lincoln County, MN
For buyers weighing Lincoln County, Minnesota, the arithmetic leans friendly. Homes here carry a median value of $164,400, and the annual property tax bill on such a home comes to roughly $1,574 — an effective rate of 0.957%. That sits below Minnesota's statewide median rate of 0.985%, and the county ranks 52nd of 87 on property tax rate within the state. Nationally, the picture shifts: the U.S. median effective rate is 0.794%, so Lincoln County taxes run higher than the country as a whole even as they undercut Minnesota's norm. Incomes provide some cushion, with a median household income of $69,694 and per-capita income of $39,497. Communities like Hendricks, Arco, and Ivanhoe anchor the county. For someone hunting a lower-priced home in a rural setting, the combination of a below-state tax rate and a $164,400 median value keeps the overall cost of ownership within reach.