Minnesota · FIPS 27077 · ACS 2020–2024
Lake of the Woods County, Minnesota property tax rate
Homeowners in Lake of the Woods County paid a median of $1,419 a year in real estate taxes on a median home value of $216,100 (2020–2024 survey). Taxes came to 0.82% of home value, 18% below the Minnesota rate of 1.00% and 13% below the U.S. rate of 0.94%.
- 0.82%Effective tax rate±0.15% margin · Minnesota: 1.00%
- $1,419Median tax per yearMinnesota: $3,357 · U.S.: $3,119
- $216,100Median home valueMinnesota: $329,300
- 1,486Owner-occupied homes82% of households own
| Measure | Lake of the Woods County | Minnesota | U.S. | Lake of the Woods County 2019–2023 | Change |
|---|---|---|---|---|---|
| Effective tax rate | 0.82% | 1.00% | 0.94% | 0.87% | −0.05 pts |
| Median tax, all owners | $1,419 | $3,357 | $3,119 | $1,520 | −$101 (-6.6%) |
| Median tax, with a mortgage | $1,378 | $3,470 | $3,489 | $1,372 | +$6 (+0.4%) |
| Median tax, no mortgage | $1,460 | $3,144 | $2,576 | $1,808 | −$348 (-19.2%) |
| Median home value | $216,100 | $329,300 | $332,700 | $215,000 | +$1,100 (+0.5%) |
| Total taxes paid | $2,760,200 | $6,313,889,700 | $360,573,527,500 | $2,761,000 |
How Lake of the Woods County compares
- Per $1,000 of home value, owners here paid about $8.22 a year, against $9.99 statewide and $9.40 nationally.
- Rank in Minnesota: 21 of 86 counties from lowest to highest effective rate (among those with reliable estimates). Nationally, 56% of 2,682 counties had a lower rate.
- Homes with a mortgage: 0.71% of value; homes without one: 0.91%. Median bills: $1,378 and $1,460.
- Compared with the 2019–2023 survey, the effective rate fell (−0.05 pts) and the median tax changed −$101 (-6.6%). The two 5-year surveys share four years of responses, so year-to-year moves are small and partly noise.
- Margin of error: the effective rate is 0.82% ± 0.15% at 90% confidence, from a sample of the 1,486 owner-occupied homes.
Minnesota counties with similar rates
| County | Effective rate | Median tax | Median value |
|---|---|---|---|
| Morrison County | 0.81% | $2,190 | $248,500 |
| Kittson County | 0.81% | $1,239 | $134,800 |
| Fillmore County | 0.81% | $2,076 | $221,100 |
| Stevens County | 0.82% | $1,634 | $202,800 |
| Marshall County | 0.82% | $1,315 | $164,500 |
| Redwood County | 0.82% | $1,581 | $158,200 |
| Meeker County | 0.83% | $2,243 | $249,000 |
| Pine County | 0.83% | $2,068 | $239,300 |
Sources
- U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, table-based summary file: B25090 (aggregate real estate taxes), B25082 (aggregate home value), B25103 (median real estate taxes), B25077 (median home value) and B25003 (tenure); files dated January 29, 2026.
- U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates, same tables (files dated October 31, 2024), for the comparison column.
- Geography names: Census Bureau Geos20245YR.txt (file dated January 22, 2026).
Effective rate = total real estate taxes paid by owner-occupied homes ÷ their total value, as reported by owners to the Census Bureau. It is not a millage rate. Your bill depends on your assessed value, exemptions (such as homestead) and local levies.