55329 Property Tax Rate

Property owners in ZIP code 55329 (Eden Valley, Minnesota) pay a median of $2,347/year in property taxes on homes valued at $214,700. This translates to an effective tax rate of 1.09%, which is 14% above the Minnesota state average of 0.96%.

The monthly property tax burden for a median-valued home in 55329 is approximately $196, which factors into escrow payments on mortgages. This ZIP code is located within Meeker County.

Compared to similar ZIP codes in Minnesota, 55329 has higher property taxes. ZIP codes with similar effective rates include 56714 (1.09%) and 56082 (1.09%).

In Eden Valley, property taxes represent approximately 3.2% of the median household income of $74,063, 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.