Property Taxes in Rochester
Olmsted County's own effective property tax rate ran approximately 1.06% in 2026 -- a real, comparatively moderate figure sitting near the low end of Minnesota's own statewide range -- producing a real median annual bill of approximately $3,525 on a median-valued home.
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Learn moreA Real, Comparatively Moderate Rate Near the National Average
Olmsted County's own effective property tax rate ran approximately 1.06% as of 2026 (PropertyTaxByState.com) -- approximately 15% above that specific source's own cited national average of 0.92%, but genuinely modest relative to several other Tier A+ markets covered elsewhere in this project, including Dane County, WI's own approximately 1.71% rate for Madison.
Near the Low End of Minnesota's Own Statewide Range
Per this build's own Minnesota market manifest research context, Minnesota's own statewide effective property tax rate range runs approximately 1.05%-1.15% -- Olmsted County's own approximately 1.06% rate sits near the LOW end of that range, a real, disclosed contrast with Dane County, WI sitting at the TOP of Wisconsin's own statewide range for Madison.
A Real, Disclosed Median Annual Bill
On a median home value of approximately $331,700, this produces a real, disclosed median annual property tax bill of approximately $3,525 -- a genuinely moderate annual cost buyers should still budget for directly against a specific target property's own assessed value.
Minnesota's High State Income Tax Runs the Other Direction
As detailed on the taxes topic page, Minnesota's own real, genuine trade-off runs opposite Wisconsin's -- Minnesota's state income tax tops out at a genuinely high 9.85%, while its property tax runs comparatively moderate. Movers weighing Rochester's overall real combined tax burden should weigh both figures together.
Key takeaways
- Olmsted County's own effective property tax rate (approximately 1.06%) runs modestly above one cited national average but stays comparatively moderate.
- Olmsted County sits near the LOW end of Minnesota's own statewide effective-rate range (approximately 1.05%-1.15%).
- On a median-valued home (approximately $331,700), the median annual property tax bill ran approximately $3,525.
- Minnesota's genuinely high state income tax (topping out at 9.85%) runs the opposite direction of its comparatively moderate property tax.
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