55109 Property Tax Rate

Property owners in ZIP code 55109 (Saint Paul, Minnesota) pay a median of $3,619/year in property taxes on homes valued at $291,200. This translates to an effective tax rate of 1.24%, which is 30% above the Minnesota state average of 0.96%.

The monthly property tax burden for a median-valued home in 55109 is approximately $302, which factors into escrow payments on mortgages. This ZIP code is located within Ramsey County. This is $1,313 more than the Minnesota average of $2,306/year.

Compared to similar ZIP codes in Minnesota, 55109 has higher property taxes. ZIP codes with similar effective rates include 55126 (1.24%) and 55060 (1.24%).

In Saint Paul, property taxes represent approximately 4.4% of the median household income of $81,759, providing context for the relative tax burden on homeowners in this area.

Minnesota's homestead classification reduces your taxable market value and applies a lower tax class rate to primary residences — Ramsey County's 1.39% effective rate is the state's highest, making homestead status critical to minimize your tax burden. The Homestead Credit, an income-based refund program, offsets property tax liability for qualifying households and is claimed on your Minnesota state income tax return. Contact the Ramsey County Assessor within 30 days of purchase to file your homestead designation and request a review of your assessed value.