Property Tax & Income in Martin County, Minnesota
Martin County has an effective property tax rate of 1.02%. On the median home value of $163,500, that's roughly $1,671 per year. Median household income is $59,507.
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 | Martin County | Minnesota (state context) |
|---|---|---|
| Effective property tax rate1 | 1.02% | 0.98% |
| Median home value1 | $163,500 | — |
| 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 Martin County, MN
Property owners in Martin County, Minnesota, face an effective tax rate of 1.022%, which sits above the statewide median of 0.985% and well above the national median of 0.794%. Among Minnesota's 87 counties, this one ranks 32nd, placing it in the upper-middle tier for property taxation within the state. That gap matters for a place like Fairmont and the surrounding communities, where the median home value of $163,500 produces an annual real-estate tax bill of $1,671. With median household income at $59,507 and per-capita income at $37,332, the tax load takes a somewhat larger bite than it would in counties closer to or below the state average. The picture is one of a county that taxes property at a moderately elevated level compared with both its home state and the country as a whole.