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Minneapolis Review

Wednesday, September 10, 2025

Effective property tax rate in Hennepin County were lighter than the national average in Q2 2022

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Property owners in Hennepin County paid 1.1% of the value of their homes in property taxes in the second quarter of 2022, which is less than 1 time the national average, according to the real estate analysis posted by the Minneapolis Review.

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.

CityQ2 2022 SalesQ2 2022 Median PriceMedian tax 2022Effective tax rate
St. Anthony29$415,000$6,4411.6%
Excelsior6$550,000$8,1451.5%
Dayton23$344,000$4,7111.4%
Minneapolis1,706$350,000$4,4391.3%
New Hope84$341,000$4,4781.3%
Hopkins55$385,000$5,1221.3%
Maple Plain4$341,036$4,2821.3%
Wayzata22$692,500$8,9711.3%
Greenwood2$926,738$12,3571.3%
Spring Park7$460,000$5,8291.3%
Golden Valley113$461,000$5,5951.2%
Shorewood25$550,000$6,5111.2%
Crystal138$319,000$3,7471.2%
St. Louis Park221$400,000$4,6381.2%
Brooklyn Center133$280,000$3,4031.2%
Osseo4$291,500$3,5701.2%
Brooklyn Park330$339,175$3,8301.1%
Bloomington292$370,000$4,0901.1%
Deephaven17$770,000$8,5201.1%
Plymouth331$472,000$4,9821.1%
Maple Grove312$410,000$4,3501.1%
Rogers78$445,000$4,9391.1%
Eden Prairie244$478,500$5,2131.1%
Edina232$745,000$7,8311.1%
Robbinsdale89$320,000$3,6421.1%
Richfield128$363,250$3,9361.1%
Corcoran18$530,000$5,1721%
Independence12$578,103$6,0391%
Orono58$782,500$7,5371%
Minnetonka235$540,000$5,3021%
Champlin115$385,000$3,6921%
Medicine Lake2$1,168,750$11,3761%
Minnetrista67$580,000$5,1670.9%
Medina33$750,000$7,0800.9%
Long Lake5$460,000$4,1490.9%
Greenfield14$675,000$5,4050.8%
Mound59$404,000$3,4220.8%
Hanover8$696,000$5,3000.8%
Tonka Bay9$1,565,000$6,8440.4%
Minnetonka Beach5$3,150,000$12,6320.4%
Woodland2$6,307,500$10,9790.2%

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