Lake County property tax
Homeowners in Lake County, Minnesota typically pay about 0.73% of their home's value in property tax each year — a median bill of $1,765 on a median home value of $241,300.
Typical effective rate
0.73%
higher than 57% of U.S. counties
Median tax paid
$1,765
per year
Median home value
$241,300
In MN
#80
of 87 ranked counties
At a glance
- Effective rate 0.73% — 22% lower than the U.S. median of 0.94%, and 28% lower than the Minnesota median of 1.02%.
- With vs. without a mortgage — median tax $1,800 for mortgaged homes, $1,726 for homes owned outright.
- State ranking — 80th highest effective rate of 87 ranked Minnesota counties; nationally it sits around the 43th percentile.
Estimate a bill for Lake County
Apply this county's typical effective rate (0.73%) to a home value of your choice.
Frequently asked questions
What is the property tax rate in Lake County, MN?
The typical effective property-tax rate in Lake County is 0.73% of a home's value per year, based on median taxes paid ($1,765) divided by the median home value ($241,300) in the Census ACS 2020–2024 5-year estimates. This is a typical burden for comparison, not a statutory mill rate.
How much is property tax on a typical home in Lake County?
The median owner-occupied home in Lake County is valued at $241,300, and the median real estate tax paid is $1,765 per year. Homes with a mortgage have a median tax of $1,800, versus $1,726 for homes without one.
How does Lake County compare to the rest of Minnesota?
Lake County's effective rate is 28% lower than the Minnesota median, ranking 80th of 87 ranked counties in the state.
Compare nearby Minnesota counties
Counties ranked closest to Lake County by in-state effective rate. Open the comparison tool or see all Minnesota counties.
| In-state | County | Effective rate | Median tax |
|---|---|---|---|
| 77 | Otter Tail County | 0.77% | $2,093 |
| 78 | Crow Wing County | 0.74% | $2,283 |
| 79 | Koochiching County | 0.74% | $1,156 |
| 81 | Rock County | 0.71% | $1,590 |
| 82 | Becker County | 0.69% | $2,014 |
| 83 | Cook County | 0.69% | $2,304 |
Official data & resources for Lake County
- Lake County Census profile (data.census.gov) — housing, value and tax figures for this county.
- Table B25103 for Lake County — median real estate taxes paid (the source for the tax figures above).
- Table B25077 for Lake County — median home value.
- Federal forms & is property tax deductible? — IRS Pub 530, Schedule A and the SALT cap, plus your state tax agency.
Finding your exact bill
Your county or municipal assessor (sometimes called the appraisal district, property appraiser, or tax collector) sets the assessed value and the exact millage that produces your bill. Search for "[county name] [state] assessor" or "property tax" on an official .gov site.
Figures on this page are Census survey medians for the whole county (2020–2024 5-year), not an assessment of any individual property. Rates, exemptions and assessment practices vary by municipality and school district within a county.