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County property tax data

Property Tax in Olmsted County, Minnesota

The median real estate tax bill in Olmsted County, Minnesota is $3,314 per year, and the median home is worth $304,500. Both figures are the US Census Bureau's survey medians for owner-occupied households (US Census Bureau, American Community Survey (ACS) 5-year estimates, 2023).

$3,314
Median real estate taxes paid / year
$304,500
Median home value
1.09%
Derived effective rate (estimate from medians)
#9 of 87
Rank by median tax among Minnesota counties

What the Olmsted County numbers mean

Read the two medians together: $3,314 is the middle tax bill among owner-occupied households in Olmsted County, and $304,500 is the middle home value. Neither figure describes a specific property — together they describe the typical homeowner's situation in the county.

The derived effective rate for Olmsted County is 1.09% (median tax ÷ median value). Treat it as an estimate for comparison only: it comes from survey medians of different households, not from the county's rate schedule.

The key figures for Olmsted County

MeasureOlmsted County
Median real estate taxes paid per year$3,314
Median home value$304,500
Derived effective rate*1.09%
Equivalent monthly tax$276
Tax per $100,000 of value (derived)$1,088
Illustrative tax on a $400,000 home (derived rate)$4,352

For context, the Minnesota medians are $3,184 of tax on $305,500 of value, and the US medians are $2,969 on $303,400. *Derived figures are estimates from Census medians, not official rates.

Olmsted County at a glance

  • Median tax rank in Minnesota: #9 of 87 counties
  • Median home value rank in Minnesota: #11 of 87
  • Population rank in Minnesota: #7 of 87 (163,425 residents)
  • Population density rank: #8 of 87 (250 people per square mile)
  • Land area rank in Minnesota: #46 of 87 (653 sq mi, 0.8% of the combined county land area)
  • Median tax as a monthly figure: $276; per $1,000 of home value: $1.09

How Olmsted County compares

The median tax bill in Olmsted County is about 4% higher than the state median ($3,184 for Minnesota) and about 12% higher than the US median ($2,969 nationally). By median taxes paid, the county ranks #9 out of 87 Minnesota counties with published Census data — 8 counties in the state have a higher median bill.

Comparisons cut both ways: a county can have a modest rate but high bills because homes are expensive, or a high rate but modest bills because homes are cheaper. Olmsted County's derived rate of 1.09% sits above the derived US figure of 0.98%.

Some extra context for Olmsted County: the median bill works out to about $276 a month, and the derived rate equals roughly $1,088 of tax per $100,000 of home value. The county is home to 163,425 people — the #7 most populous county in Minnesota, spread over 653 square miles, a density of about 250 people per square mile. Its median home value, $304,500, ranks #11 among the state's 87 counties with data.

Nationally, Olmsted County's median bill of $3,314 ranks #366 of 3133 counties with published data — inside the top 12% of counties by tax paid. The county accounts for about 2.9% of Minnesota's population, its median home value is about 0% below the state median, and at the derived rate the median home would hand over roughly 10.88% of its value in tax across a decade. Within the state, the distance from Olmsted County to the most expensive county, Carver County ($4,380), is $1,066 a year.

Counties nearest Olmsted County in the Minnesota ranking

CountyMedian tax paidMedian home valueDerived rate*
Dakota County, MN$3,610$362,1001.00%
Wright County, MN$3,319$332,8001.00%
Sherburne County, MN$3,311$332,7000.99%
Le Sueur County, MN$3,119$287,7001.08%

Olmsted County and its population peers

For a like-for-like sense of scale, compare Olmsted County with its national population peers: the counties nearest to its 163,425 residents, listed in the table below with their own Census medians. Of the 9 counties in that group, Olmsted County's median bill of $3,314 is #2 of 9.

CountyPopulationMedian tax paidMedian home valueDerived rate*
Dorchester County, SC164,322$1,710$294,4000.58%
Johnson County, IN163,983$1,875$260,4000.72%
Rock County, WI163,944$3,652$215,9001.69%
Indian River County, FL163,856$2,288$314,7000.73%
Ector County, TX163,206$2,438$190,5001.28%
Canadian County, OK162,621$2,259$230,3000.98%
Catawba County, NC162,051$1,319$218,1000.60%
Portage County, OH161,421$2,728$210,5001.30%

The closest population match is Ector County, Texas (163,206 residents), where the median real estate tax paid is $2,438 on a median home value of $190,500 — $876 more than Olmsted County pays.

Inside Minnesota itself, the counties closest to Olmsted County in population are Washington County (272,298 residents, median tax $4,012 on a median value of $400,900); St. Louis County (200,056 residents, median tax $2,142 on a median value of $208,500); Stearns County (159,358 residents, median tax $2,617 on a median value of $256,500); Scott County (152,957 residents, median tax $4,195 on a median value of $393,500). Same state, same broad tax framework — yet the median bills still differ, because assessed values and the mix of county, municipal and school-district rates are set locally.

How the tax is worked out

Think of the final bill as three ingredients: the assessed value of the property, the exemptions subtracted from it, and the combined rate of every district the property sits in. Olmsted County's medians imply a derived rate of 1.09%; applied illustratively, a $400,000 home would owe about $4,352 a year, or around $363 a month spread evenly. Individual properties depart from the illustration in both directions.

Illustrative bills in Olmsted County at the derived rate

The derived rate of 1.09% is only an estimate built from medians, but applying it to different home values gives a sense of scale for Olmsted County — and a quick way to compare with the state derived rate of 1.04% and the US figure of 0.98%:

Home valueIllustrative tax / yearPer month
$150,000$1,632$136
$250,000$2,720$227
$350,000$3,808$317
$500,000$5,440$453
$750,000$8,160$680

Illustration only: real bills are computed from the assessed value, exemptions, and the combined rates of the property's actual taxing districts.

Checking your assessment in Olmsted County

If your bill looks wrong, work through these steps:

1. Get your property record card from the assessor and check the basics — living area, lot size, bedrooms, condition, and any exemptions you should have.
2. Compare your assessed value with recent sale prices of similar homes in Olmsted County.
3. Talk to the assessor's office informally first; clear errors are often fixed without a hearing.
4. If needed, file a formal appeal with the local review board before the deadline on your assessment notice, with your evidence attached.
5. Keep paying the bill as issued while the appeal runs, unless your notice says otherwise — unpaid taxes accrue penalties regardless of an appeal.

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Frequently asked questions

What is the median property tax in Olmsted County, Minnesota?

The median real estate tax paid in Olmsted County, Minnesota is $3,314 per year, on a median home value of $304,500 (US Census Bureau, American Community Survey (ACS) 5-year estimates, 2023).

What is the effective property tax rate in Olmsted County, Minnesota?

On a derived basis, 1.09%: the county's median tax bill of $3,314 divided by its median home value of $304,500. Because it is calculated from two survey medians, read it as a comparison estimate rather than an official rate.

How does Olmsted County compare with the rest of Minnesota?

By median taxes paid, Olmsted County stands at #9 among the 87 Minnesota counties the Census publishes figures for. Its $3,314 median bill is about 4% higher than the state median ($3,184), and 8 counties in the state record a higher median.

How are property taxes calculated in Olmsted County, Minnesota?

Three steps produce the bill: an assessment of market value by the local assessor, a reduction for exemptions you qualify for (a homestead exemption is the common one), and multiplication by the combined rates of the county, municipality, school district and any special districts covering the property. The median result in Olmsted County is $3,314 of tax on a $304,500 median home value.

Can I appeal my property tax assessment in Olmsted County, Minnesota?

Yes — appeals are handled locally. Start with the Olmsted County assessor's property record card for your home, correct any factual errors, and back your case with comparable recent sales. Formal appeals go to the review board named on your assessment notice and must be filed by its deadline, typically within 30 to 90 days.

Data: US Census Bureau, American Community Survey (ACS) 5-year estimates, 2023 (median real estate taxes paid, table B25103; median home value, table B25077). The derived rate is median tax ÷ median value — an estimate from survey medians, not an official rate. See methodology.