55319 Property Tax Rate

Property owners in ZIP code 55319 (Clear Lake, Minnesota) pay a median of $3,070/year in property taxes on homes valued at $349,300. This translates to an effective tax rate of 0.88%, which is 8% below the Minnesota state average of 0.96%.

The monthly property tax burden for a median-valued home in 55319 is approximately $256, which factors into escrow payments on mortgages. This ZIP code is located within Sherburne County. This is $764 more than the Minnesota average of $2,306/year.

Compared to similar ZIP codes in Minnesota, 55319 has higher property taxes. ZIP codes with similar effective rates include 55734 (0.88%) and 55082 (0.88%).

In Clear Lake, property taxes represent approximately 2.8% of the median household income of $111,343, 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 — establish this status with the Sherburne County Assessor immediately upon purchase. The Homestead Credit, an income-based property tax refund for qualifying households, is claimed on your Minnesota state return. Contact the Sherburne County Assessor within 30 days of closing to file your homestead application and verify your assessed value.