Property Tax & Income in McLeod County, Minnesota
McLeod County has an effective property tax rate of 1.15%. On the median home value of $246,100, that's roughly $2,840 per year. Median household income is $80,084.
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 | McLeod County | Minnesota (state context) |
|---|---|---|
| Effective property tax rate1 | 1.15% | 0.98% |
| Median home value1 | $246,100 | — |
| 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 McLeod County, MN
In McLeod County, Minnesota, buying a home generally costs less than in many parts of the country, with a median value of $246,100. The trade-off comes on the tax side: the effective property tax rate is 1.154%, higher than Minnesota's statewide median of 0.985% and well above the national figure of 0.794%. That rate translates into a median annual real-estate tax bill of $2,840. Households here earn a median of $80,084, while per-capita income stands at $42,495, so the tax bill takes a noticeable but not overwhelming share of a typical budget. Among the county's communities, which include Brownton, Glencoe, and Hutchinson, the largest is Hutchinson. Statewide, McLeod County ranks 6th of 87 counties for property tax rate, meaning buyers should weigh the lower purchase price against consistently higher annual taxes before committing.