55324 Property Tax Rate

Property owners in ZIP code 55324 (Darwin, Minnesota) pay a median of $2,903/year in property taxes on homes valued at $316,400. This translates to an effective tax rate of 0.92%, which is 4% below the Minnesota state average of 0.96%.

The monthly property tax burden for a median-valued home in 55324 is approximately $242, which factors into escrow payments on mortgages. This ZIP code is located within Meeker County. This is $597 more than the Minnesota average of $2,306/year.

Compared to similar ZIP codes in Minnesota, 55324 has lower property taxes. ZIP codes with similar effective rates include 56266 (0.92%) and 56579 (0.92%).

In Darwin, property taxes represent approximately 3.6% of the median household income of $81,488, 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 — register with the Meeker County Assessor upon purchase to lock in this benefit. The Homestead Credit, an income-based property tax refund for qualifying homeowners, is claimed on your Minnesota state income tax return. File your homestead application with the Meeker County Assessor's office immediately after closing.