56716 Property Tax Rate

Property owners in ZIP code 56716 (Crookston, Minnesota) pay a median of $1,880/year in property taxes on homes valued at $178,200. This translates to an effective tax rate of 1.05%, which is 10% above the Minnesota state average of 0.96%.

The monthly property tax burden for a median-valued home in 56716 is approximately $157, which factors into escrow payments on mortgages. This ZIP code is located within Polk County. This is $426 less than the Minnesota average of $2,306/year.

Compared to similar ZIP codes in Minnesota, 56716 has higher property taxes. ZIP codes with similar effective rates include 55906 (1.05%) and 56175 (1.05%).

In Crookston, property taxes represent approximately 3.3% of the median household income of $56,781, providing context for the relative tax burden on homeowners in this area.

Minnesota homestead property tax classification applies automatically to owner-occupied homes, providing a lower taxable rate than non-homestead property. Confirm homestead status with the Polk County Assessor within 30 days of purchase to ensure the reduced rate takes effect. File a formal assessment appeal with the Polk County Assessor by the county deadline if your assessed value exceeds fair market value based on recent comparable sales.