56522 Property Tax Rate

Property owners in ZIP code 56522 (Campbell, Minnesota) pay a median of $1,036/year in property taxes on homes valued at $147,300. This translates to an effective tax rate of 0.70%, which is 26% below the Minnesota state average of 0.96%.

The monthly property tax burden for a median-valued home in 56522 is approximately $86, which factors into escrow payments on mortgages. This ZIP code is located within Wilkin County. This is $1,270 less than the Minnesota average of $2,306/year.

Compared to similar ZIP codes in Minnesota, 56522 has lower property taxes. ZIP codes with similar effective rates include 56289 (0.70%) and 56519 (0.70%).

In Campbell, property taxes represent approximately 1.3% of the median household income of $81,250, providing context for the relative tax burden on homeowners in this area.

Minnesota's homestead classification system taxes owner-occupied primary residences at a lower rate than rental or commercial property statewide. Register homestead status with the Wilkin County Assessor immediately after purchase to activate the reduced tax classification. Request a property assessment review from the Wilkin County Assessor annually and submit an appeal by the county deadline if assessed value appears inflated.