Hennepin County Property Tax Calculator
Hennepin County, home to Minneapolis and its suburbs, values property annually through the Hennepin County Assessor's Office, and Minnesota's homestead market value exclusion shaves a portion off the taxable value of a qualifying owner-occupied home before local rates apply. That exclusion phases out as home values rise, so its benefit matters most for moderately priced homes. Above, Hennepin County is one tap away — add a home value for a projected bill.
Annual Property Tax
$4,326Monthly (Escrow)
$361Effective Rate
1.10%Hennepin County's effective rate (1.10%) is 10% higher than the Minnesota average (1.00%).
Edit inputs ↑Hennepin County Effective Rate
1.10%
Vs. Minnesota Average
10% higher
Minnesota National Rank
#17 of 51
1 = highest statewide rate
County Median Home Value
$392,900
Estimated Annual Tax (Median Home)
$4,326
Monthly Equivalent
$361
Property tax in Hennepin County, Minnesota
- The Hennepin County Assessor's Office sets an estimated market value for each property annually, which local levies are then applied against.
- The homestead market value exclusion reduces taxable value for a qualifying owner-occupied primary residence, with the benefit shrinking as market value rises.
- Owners can contest a valuation at the local Board of Appeal and Equalization, and further at the county level, before rates are finalized.
- Classification matters in Minnesota — homestead, non-homestead, and other property classes can carry different effective rates on the same market value.
Other large Minnesota counties
Effective rate = aggregate real-estate taxes paid ÷ aggregate home value (ACS 2024 5-year).
| County | Effective Rate | Median Home Value |
|---|---|---|
| Ramsey County | 1.19% | $326,600 |
| Steele County | 1.16% | $245,400 |
| Waseca County | 1.13% | $220,800 |
| Clay County | 1.10% | $265,500 |
| McLeod County | 1.09% | $246,100 |
See property tax across every county in Minnesota at the Minnesota property tax calculator , or check your Minnesota income tax with the Minnesota income tax calculator .
Frequently asked questions
How is property tax calculated in Hennepin County?
The Hennepin County Assessor's Office fixes an estimated market value, and Minnesota's classification system then determines what share of that figure is taxable before local levies apply — a homesteaded owner-occupied residence is generally treated more favorably than other classes.
How do I appeal my Hennepin County assessment?
Your local Board of Appeal and Equalization, typically convened in spring, is the first stop; the County Board of Appeal and Equalization hears a further case if that doesn't resolve things, with comparable sales as your support.
Does Hennepin County offer a homestead exclusion?
Yes — Minnesota's homestead market value exclusion reduces the taxable value of a qualifying owner-occupied primary residence, though the dollar benefit phases down as the home's market value increases.
Does my Hennepin County property's classification affect my tax bill?
It can significantly — Minnesota taxes different property classes at different effective rates on the same market value, so whether a property is classified as a homesteaded residence, a rental, or a commercial use matters as much as the assessed value itself.
Sources
Related insights
Use these guides for rule explanations, planning context, and follow-up questions beyond the calculator result.