56579 Property Tax Rate

Property owners in ZIP code 56579 (Rothsay, Minnesota) pay a median of $1,932/year in property taxes on homes valued at $210,500. This translates to an effective tax rate of 0.92%, which is 4% below the Minnesota state average of 0.96%.

The monthly property tax burden for a median-valued home in 56579 is approximately $161, which factors into escrow payments on mortgages. This ZIP code is located within Wilkin County. This is $374 less than the Minnesota average of $2,306/year.

Compared to similar ZIP codes in Minnesota, 56579 has higher property taxes. ZIP codes with similar effective rates include 56266 (0.92%) and 55324 (0.92%).

In Rothsay, property taxes represent approximately 2.0% of the median household income of $95,288, 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.