Property Tax & Income in Pipestone County, Minnesota
Pipestone County has an effective property tax rate of 0.86%. On the median home value of $140,200, that's roughly $1,209 per year. Median household income is $69,628.
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 | Pipestone County | Minnesota (state context) |
|---|---|---|
| Effective property tax rate1 | 0.86% | 0.98% |
| Median home value1 | $140,200 | — |
| 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 Pipestone County, MN
Pipestone County offers an affordable entry point for Minnesota homebuyers. The median home value here sits at $140,200, and the annual property tax bill on that median home comes to $1,209, based on an effective rate of 0.862%. That rate falls below Minnesota's statewide median of 0.985% and ranks 68th among the state's 87 counties. Compared with the national median effective rate of 0.794%, homeowners here pay somewhat more, though the lower home prices help offset that difference. Households in the county earn a median of $69,628, with per-capita income at $37,956. Towns like Holland, Ihlen, and Jasper anchor this rural southwestern Minnesota county, where buyers can expect lower purchase prices than in many parts of the state.