55118 Property Tax Rate
Saint Paul, Minnesota · Part of Dakota County
Effective Tax Rate
1.04%
49.7% above state avgMedian Annual Tax
$3,453
$288/mo escrow
Estimate Your Tax
Annual Tax
$3,453
Monthly
$288
Eff. Rate
1.04%
Buyer decision brief
What ZIP 55118 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$288/mo
Based on median annual tax paid
State context
0.08 percentage points above the Minnesota average
Minnesota average: 0.96%
Data confidence
High confidenceThe Census margin of error is $117, about 3% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Dakota County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
Similar in-state ZIPs in this comparison set do not show a lower effective rate. Use the state table to widen the search.
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 55118 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$117 tax MOE, 3% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
Dakota County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 55118
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $331,800, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 1.04%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on Minnesota and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $288 per month before insurance, HOA dues, or special assessments.
Assessor verification
Dakota County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 55118 Compares
Median Annual Property Tax
ZIP 55118
1.04%
Effective rate
Minnesota Avg
0.96%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Minnesota
Higher than 65% of ZIP codes in Minnesota(65th percentile, 849 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 55118
Property owners in ZIP code 55118 (Saint Paul, Minnesota) pay a median of $3,453/year in property taxes on homes valued at $331,800. This translates to an effective tax rate of 1.04%, which is 9% above the Minnesota state average of 0.96%.
The monthly property tax burden for a median-valued home in 55118 is approximately $288, which factors into escrow payments on mortgages. This ZIP code is located within Dakota County. This is $1,147 more than the Minnesota average of $2,306/year.
Compared to similar ZIP codes in Minnesota, 55118 has higher property taxes. ZIP codes with similar effective rates include 55904 (1.04%) and 56260 (1.04%).
In Saint Paul, property taxes represent approximately 4.1% of the median household income of $85,229, 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 — file this designation with the Dakota County Assessor immediately to avoid the higher non-homestead rate on your property. The Homestead Credit, an income-based property tax refund, may provide additional relief if you qualify and is claimed on your Minnesota state income tax return. Contact the Dakota County Assessor within 30 days of purchase to confirm your homestead status is recorded and your assessed value is accurate.
Frequently Asked Questions
What is the property tax rate in ZIP code 55118?
How much are property taxes in Saint Paul, MN (55118)?
How does ZIP 55118 compare to the Minnesota average?
What is the median home value in ZIP 55118?
What county is ZIP code 55118 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$117. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 55118 is part of Dakota County, Minnesota. View the full county profile for broader context and more data.
View Dakota County on TaxByCounty →Explore Saint Paul, MN
View all 29 ZIP codes in Saint Paul with property tax comparisons.
View Saint Paul Property Tax Rates →Why compare these ZIPs?
Better comparison set for ZIP 55118
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
55101
Saint Paul, MN
Same city name, different county context: Ramsey County.
Rate
1.39%
Tax
$3,506
Quality
94
55102
Saint Paul, MN
Same city name, different county context: Ramsey County.
Rate
1.38%
Tax
$3,868
Quality
94
55103
Saint Paul, MN
Same city name, different county context: Ramsey County.
Rate
1.26%
Tax
$3,024
Quality
94
55104
Saint Paul, MN
Same city name, different county context: Ramsey County.
Rate
1.26%
Tax
$3,665
Quality
94
55105
Saint Paul, MN
$121,500 higher median home value than ZIP 55118.
Rate
1.42%
Tax
$6,457
Quality
94
55106
Saint Paul, MN
Same city name, different county context: Ramsey County.
Rate
1.23%
Tax
$2,876
Quality
94
55107
Saint Paul, MN
Same city name, different county context: Ramsey County.
Rate
1.16%
Tax
$3,024
Quality
94
55108
Saint Paul, MN
$33,600 higher median home value than ZIP 55118.
Rate
1.30%
Tax
$4,733
Quality
94
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.