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County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Yellow Medicine County, Minnesota

Yellow Medicine County has an effective property tax rate of 1.04%. On the median home value of $154,700, that's roughly $1,606 per year. Median household income is $74,000.

Effective Property Tax Rate1
1.04%
median tax $1,606 ÷ median home $154,700
Median Home Value1
$154,700
owner-occupied
Median Household Income1
$74,000
per-capita $40,068
Est. Annual Tax on Median Home1
$1,606
at 1.04% 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.

MetricYellow Medicine CountyMinnesota (state context)
Effective property tax rate11.04%0.98%
Median home value1$154,700—
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 Yellow Medicine County, MN

Yellow Medicine County offers an affordable entry point into Minnesota homeownership, with a median home value of $154,700. At an effective property tax rate of 1.038%, the median annual tax bill comes to $1,606. That rate sits above Minnesota's statewide median of 0.985%, and the county ranks 26th of 87 counties on this measure. It also exceeds the national median of 0.794%. Buyers weighing a move to Clarkfield, Echo, or Hanley Falls should factor in both the lower purchase prices and the somewhat higher tax rate. Households here earn a median of $74,000, while per-capita income is $40,068, so the yearly tax obligation absorbs a smaller share of earnings than the rate alone might imply. For anyone prioritizing low upfront housing costs, the combination of inexpensive homes and moderate taxes can outweigh the above-average rate.

Frequently asked questions

What is the property tax rate in Yellow Medicine County, MN?
The effective rate is 1.04% — meaning the median tax bill equals about 1.04% of the median home value.
How much are property taxes on a median home?
On the median home ($154,700), the estimated annual bill is about $1,606.
Is Yellow Medicine 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 Yellow Medicine 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 Yellow Medicine 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.