The median sales price of a Hennepin County home in the second quarter of 2022 was $390,000, based on data from the 5,268 properties sold during that time. In 2021 the median tax bill for the county was $4,220, which is 1.1% of the median value of the homes that were taxed.
This is 1 time lower than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Hennepin County real estate data showed homeowners in St. Anthony, Excelsior, and Dayton paid the highest rates.
The following table compares St. Anthony with some other cities belonging to Hennepin County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2022.
City | Q2 2022 Sales | Q2 2022 Median Price | Median tax 2022 | Effective tax rate |
---|---|---|---|---|
St. Anthony | 29 | $415,000 | $6,441 | 1.6% |
Excelsior | 6 | $550,000 | $8,145 | 1.5% |
Dayton | 23 | $344,000 | $4,711 | 1.4% |
Minneapolis | 1,706 | $350,000 | $4,439 | 1.3% |
New Hope | 84 | $341,000 | $4,478 | 1.3% |
Hopkins | 55 | $385,000 | $5,122 | 1.3% |
Maple Plain | 4 | $341,036 | $4,282 | 1.3% |
Wayzata | 22 | $692,500 | $8,971 | 1.3% |
Greenwood | 2 | $926,738 | $12,357 | 1.3% |
Spring Park | 7 | $460,000 | $5,829 | 1.3% |
Golden Valley | 113 | $461,000 | $5,595 | 1.2% |
Shorewood | 25 | $550,000 | $6,511 | 1.2% |
Crystal | 138 | $319,000 | $3,747 | 1.2% |
St. Louis Park | 221 | $400,000 | $4,638 | 1.2% |
Brooklyn Center | 133 | $280,000 | $3,403 | 1.2% |
Osseo | 4 | $291,500 | $3,570 | 1.2% |
Brooklyn Park | 330 | $339,175 | $3,830 | 1.1% |
Bloomington | 292 | $370,000 | $4,090 | 1.1% |
Deephaven | 17 | $770,000 | $8,520 | 1.1% |
Plymouth | 331 | $472,000 | $4,982 | 1.1% |
Maple Grove | 312 | $410,000 | $4,350 | 1.1% |
Rogers | 78 | $445,000 | $4,939 | 1.1% |
Eden Prairie | 244 | $478,500 | $5,213 | 1.1% |
Edina | 232 | $745,000 | $7,831 | 1.1% |
Robbinsdale | 89 | $320,000 | $3,642 | 1.1% |
Richfield | 128 | $363,250 | $3,936 | 1.1% |
Corcoran | 18 | $530,000 | $5,172 | 1% |
Independence | 12 | $578,103 | $6,039 | 1% |
Orono | 58 | $782,500 | $7,537 | 1% |
Minnetonka | 235 | $540,000 | $5,302 | 1% |
Champlin | 115 | $385,000 | $3,692 | 1% |
Medicine Lake | 2 | $1,168,750 | $11,376 | 1% |
Minnetrista | 67 | $580,000 | $5,167 | 0.9% |
Medina | 33 | $750,000 | $7,080 | 0.9% |
Long Lake | 5 | $460,000 | $4,149 | 0.9% |
Greenfield | 14 | $675,000 | $5,405 | 0.8% |
Mound | 59 | $404,000 | $3,422 | 0.8% |
Hanover | 8 | $696,000 | $5,300 | 0.8% |
Tonka Bay | 9 | $1,565,000 | $6,844 | 0.4% |
Minnetonka Beach | 5 | $3,150,000 | $12,632 | 0.4% |
Woodland | 2 | $6,307,500 | $10,979 | 0.2% |