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County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Waseca County, Minnesota

Waseca County has an effective property tax rate of 1.18%. On the median home value of $220,800, that's roughly $2,603 per year. Median household income is $76,261.

Effective Property Tax Rate1
1.18%
median tax $2,603 ÷ median home $220,800
Median Home Value1
$220,800
owner-occupied
Median Household Income1
$76,261
per-capita $36,326
Est. Annual Tax on Median Home1
$2,603
at 1.18% effective rate

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.

MetricWaseca CountyMinnesota (state context)
Effective property tax rate11.18%0.98%
Median home value1$220,800—
State income tax3top rate 9.85%top rate 9.85%
State sales tax38.14% combined8.14% 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 Waseca County, MN

Waseca County offers a middle-ground entry point for Minnesota home buyers. The median home value sits at $220,800, with an annual property tax bill near $2,603 based on an effective rate of 1.179%. That rate runs higher than Minnesota's 0.985% statewide median and places the county fourth among the state's 87 counties, so taxes take a somewhat larger bite than in much of Minnesota. Nationally, the 0.794% median rate is lower still, making this a comparatively tax-heavy market. Households earning around $76,261, with per-capita income of $36,326, can weigh whether the tax load fits their budget. Waldorf is among the communities here. For buyers drawn to lower home prices than the Twin Cities metro area, Waseca County's combination of affordable valuations and elevated tax rates shapes what ownership actually costs each year.

Frequently asked questions

What is the property tax rate in Waseca County, MN?
The effective rate is 1.18% — meaning the median tax bill equals about 1.18% of the median home value.
How much are property taxes on a median home?
On the median home ($220,800), the estimated annual bill is about $2,603.
Is Waseca County's rate high or low?
Compare it to the state median of 0.98% and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Waseca County assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Waseca County assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.