56652 Property Tax Rate

Property owners in ZIP code 56652 (Leonard, Minnesota) pay a median of $1,361/year in property taxes on homes valued at $238,500. This translates to an effective tax rate of 0.57%, which is 40% below the Minnesota state average of 0.96%.

The monthly property tax burden for a median-valued home in 56652 is approximately $113, which factors into escrow payments on mortgages. This ZIP code is located within Clearwater County. This is $945 less than the Minnesota average of $2,306/year.

Compared to similar ZIP codes in Minnesota, 56652 has higher property taxes. ZIP codes with similar effective rates include 56570 (0.57%) and 56748 (0.57%).

In Leonard, property taxes represent approximately 1.8% of the median household income of $73,594, providing context for the relative tax burden on homeowners in this area.

Minnesota primary residences automatically qualify for homestead classification, reducing the tax rate applied to owner-occupied homes versus rental or commercial property. Contact the Clearwater County Assessor within 60 days of purchase to confirm homestead classification is active on your property. File a property tax appeal with the Clearwater County Assessor by the county deadline if your assessed value appears inconsistent with fair market value.