56222 Property Tax Rate

Property owners in ZIP code 56222 (Clara City, Minnesota) pay a median of $1,896/year in property taxes on homes valued at $151,500. This translates to an effective tax rate of 1.25%, which is 31% above the Minnesota state average of 0.96%.

The monthly property tax burden for a median-valued home in 56222 is approximately $158, which factors into escrow payments on mortgages. This ZIP code is located within Chippewa County. This is $410 less than the Minnesota average of $2,306/year.

Compared to similar ZIP codes in Minnesota, 56222 has lower property taxes. ZIP codes with similar effective rates include 55019 (1.25%) and 55113 (1.25%).

In Clara City, property taxes represent approximately 3.1% of the median household income of $61,389, providing context for the relative tax burden on homeowners in this area.

Minnesota's homestead classification system taxes primary residences at a lower assessment rate than rental or commercial property, providing immediate tax savings at purchase. File your homestead application with the Chippewa County Assessor's office by December 31 of the year following your purchase to qualify for reduced homestead taxation. Contact the Chippewa County Assessor to submit your application and review your property's tax classification.