56339 Property Tax Rate
Hoffman, Minnesota · Part of Grant County
Effective Tax Rate
0.87%
26.4% below state avgMedian Annual Tax
$1,698
$142/mo escrow
Estimate Your Tax
Annual Tax
$1,698
Monthly
$142
Eff. Rate
0.87%
Buyer decision brief
What ZIP 56339 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
$142/mo
Based on median annual tax paid
State context
0.09 percentage points below the Minnesota average
Minnesota average: 0.96%
Data confidence
High confidenceThe Census margin of error is $203, about 12% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Grant 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
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 56339 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
$203 tax MOE, 12% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County context only
Grant County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 56339
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 $195,400, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.87%, 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 $142 per month before insurance, HOA dues, or special assessments.
Assessor verification
Grant County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 56339 Compares
Median Annual Property Tax
ZIP 56339
0.87%
Effective rate
Minnesota Avg
0.96%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Minnesota
Lower than 69% of ZIP codes in Minnesota(31th percentile, 849 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 56339
Property owners in ZIP code 56339 (Hoffman, Minnesota) pay a median of $1,698/year in property taxes on homes valued at $195,400. This translates to an effective tax rate of 0.87%, which is 9% below the Minnesota state average of 0.96%.
The monthly property tax burden for a median-valued home in 56339 is approximately $142, which factors into escrow payments on mortgages. This ZIP code is located within Grant County. This is $608 less than the Minnesota average of $2,306/year.
Compared to similar ZIP codes in Minnesota, 56339 has higher property taxes. ZIP codes with similar effective rates include 56628 (0.87%) and 55353 (0.87%).
In Hoffman, property taxes represent approximately 3.0% of the median household income of $57,143, providing context for the relative tax burden on homeowners in this area.
If you're considering purchasing a home in 56339, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Grant County's tax assessor directly.
Frequently Asked Questions
What is the property tax rate in ZIP code 56339?
How much are property taxes in Hoffman, MN (56339)?
How does ZIP 56339 compare to the Minnesota average?
What is the median home value in ZIP 56339?
What county is ZIP code 56339 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$203. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 56339 is part of Grant County, Minnesota. View the full county profile for broader context and more data.
View Grant County on TaxByCounty →Why compare these ZIPs?
Better comparison set for ZIP 56339
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
56274
Norcross, MN
0.32 percentage points lower than ZIP 56339.
Rate
0.55%
Tax
$822
Quality
67
56248
Herman, MN
0.19 percentage points lower than ZIP 56339.
Rate
0.68%
Tax
$1,211
Quality
82
56309
Ashby, MN
0.04 percentage points lower than ZIP 56339.
Rate
0.83%
Tax
$2,231
Quality
82
55424
Minneapolis, MN
$764,400 higher median home value than ZIP 56339.
Rate
1.04%
Tax
$10,001
Quality
82
55391
Wayzata, MN
$600,200 higher median home value than ZIP 56339.
Rate
1.06%
Tax
$8,415
Quality
82
55356
Long Lake, MN
$517,400 higher median home value than ZIP 56339.
Rate
0.94%
Tax
$6,712
Quality
82
55331
Excelsior, MN
$511,600 higher median home value than ZIP 56339.
Rate
1.02%
Tax
$7,211
Quality
82
55001
Afton, MN
$458,600 higher median home value than ZIP 56339.
Rate
0.92%
Tax
$5,990
Quality
82
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.