Property Tax & Income in Watonwan County, Minnesota
Watonwan County has an effective property tax rate of 1.05%. On the median home value of $162,400, that's roughly $1,700 per year. Median household income is $71,699.
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 | Watonwan County | Minnesota (state context) |
|---|---|---|
| Effective property tax rate1 | 1.05% | 0.98% |
| Median home value1 | $162,400 | — |
| 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 Watonwan County, MN
In Watonwan County, Minnesota, homes sell for a median of $162,400, and the annual property tax bill on such a home comes to about $1,700. That works out to an effective rate of 1.047%, which sits above Minnesota's statewide median of 0.985% and ranks 23rd among the state's 87 counties. The national median rate, 0.794%, is lower still. Even so, the tax load looks different against local earnings: median household income here is $71,699, with per-capita income at $35,869. Buyers weighing Darfur, La Salle, or Butterfield will find home prices low enough that the higher-than-average rate still translates into a bill many budgets can absorb — though the county's ranking within Minnesota means shoppers comparing nearby counties should expect to pay somewhat more here than in much of the state.