56447 Property Tax Rate

Property owners in ZIP code 56447 (Emily, Minnesota) pay a median of $2,068/year in property taxes on homes valued at $323,000. This translates to an effective tax rate of 0.64%, which is 33% below the Minnesota state average of 0.96%.

The monthly property tax burden for a median-valued home in 56447 is approximately $172, which factors into escrow payments on mortgages. This ZIP code is located within Crow Wing County. This is $238 less than the Minnesota average of $2,306/year.

Compared to similar ZIP codes in Minnesota, 56447 has lower property taxes. ZIP codes with similar effective rates include 56449 (0.64%) and 56231 (0.64%).

In Emily, property taxes represent approximately 3.1% of the median household income of $66,875, providing context for the relative tax burden on homeowners in this area.

Minnesota homestead classification reduces your taxable rate relative to non-owner-occupied property, a benefit that applies automatically when you occupy your home as your primary residence. Verify with the Crow Wing County Assessor that homestead status is recorded on your deed immediately after purchase. Request a preliminary property tax assessment from the Crow Wing County Assessor before the state assessment deadline to identify any discrepancies in valuation.