Property Tax & Income in Wilkin County, Minnesota
Wilkin County has an effective property tax rate of 0.79%. On the median home value of $182,200, that's roughly $1,435 per year. Median household income is $71,410.
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 | Wilkin County | Minnesota (state context) |
|---|---|---|
| Effective property tax rate1 | 0.79% | 0.98% |
| Median home value1 | $182,200 | — |
| 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 Wilkin County, MN
Wilkin County's effective property tax rate of 0.788% sits below Minnesota's statewide median of 0.985%, placing it 74th among the state's 87 counties. That gap signals a lighter tax load than much of Minnesota carries, though the county's rate edges just under the national median of 0.794% as well. A median home in Wilkin County is valued at $182,200, producing an annual real-estate tax bill of about $1,435. Households here earn a median of $71,410, with per-capita income at $36,613. Breckenridge, the largest of the county's principal communities, anchors a rural corner of western Minnesota where property taxes run close to the national midpoint and clearly beneath the state average. Buyers comparing Minnesota counties will find Wilkin priced somewhat favorably on taxes relative to most of the state.