Apple Valley, MN 56496
Effective tax rate
1.26%
Median home value
$205,000
Median annual tax
$2,583
vs. national median
-4%
vs. state average
+20%
Property tax calculator
Estimated annual tax
$2,583
Monthly escrow
$215
Daily cost
$7.08
How property tax is calculated in St. Louis County
Property tax in Apple Valley, MN is calculated based on the assessed value of your property multiplied by the local tax rate. The effective tax rate in ZIP code 56496 is 1.26%, above the national median of 1.02%.
The formula is: Annual Tax = Assessed Value × (Tax Rate / 100). For a home valued at $205,000, the estimated annual property tax would be $2,583.
St. Louis County assesses properties periodically to determine fair market value. If you believe your assessment is too high, you have the right to appeal. Contact your county assessor's office for assessment schedules and appeal deadlines.
Property tax exemptions in Minnesota
Homestead exemption
Contact St. Louis County for eligibility
Senior citizen exemption
Contact St. Louis County for eligibility
Veteran exemption
Contact St. Louis County for eligibility
Disability exemption
Contact St. Louis County for eligibility
Frequently asked questions
What is the property tax rate in 56496?
The effective property tax rate in 56496 (Apple Valley, Minnesota) is 1.26%. This means that on a home valued at $205,000, you would pay approximately $2,583 per year in property taxes.
How much is property tax on a $205,000 home in Apple Valley?
Based on the effective rate of 1.26% in 56496, a home valued at $205,000 would pay approximately $2,583 per year in property taxes, or $215 per month.
How do I appeal my property tax in Minnesota?
To appeal your property tax assessment in Minnesota, you typically need to file a protest with your county's review board within the designated deadline. The process varies by county but generally involves gathering comparable sales data, submitting an appeal form, and attending a hearing.
What property tax exemptions are available in Minnesota?
Minnesota offers several property tax exemptions including homestead, senior citizen, veteran, and disability exemptions. Eligibility and amounts vary by program and local jurisdiction.
How does Apple Valley property tax compare to the national average?
The effective property tax rate in 56496 (Apple Valley) is 1.26%, compared to the national median of 1.02%. This means rates in Apple Valley are above the national average.