Hennepin County Property Tax Calculator
Locality estimate page for Hennepin County, Minnesota. Use this county/locality rate for faster screening, then confirm parcel-specific details with your local tax authority.
County/Locality Effective Rate
1.14%
State Effective Rate
1.00%
Sample Annual Tax Difference
$595
Median Home Value (ACS)
$392,900
Median Annual Tax Bill (ACS)
$4,480
Owner-Occupied Households
338,263
The typical owner-occupied home in Hennepin County is valued at $392,900 with a median real estate tax bill of $4,480 per year — an effective rate of 1.14%. Both figures come from the same ACS release, so the ratio is an estimate rather than an aggregate of individual bills.
State Mortgage Context: Minnesota
Most counties in this state follow the standard FHA floor framework.
State Effective Tax Rate
1.00%
FHA 1-Unit Floor
$541,287
FHA 1-Unit Ceiling
$1,249,125
In Hennepin County, Minnesota, the current county-level estimate is 1.14%, or approximately $4,560 annually on a $400,000 home.
How to Use This County Estimate
Step 1
Enter your property value and assessment assumptions.
Step 2
Apply exemptions that may reduce taxable value.
Step 3
Compare county/locality estimate against statewide fallback.
Hennepin County Property Tax Snapshot
Estimated effective rate: 1.14% · vs Minnesota: 1.00% · vs national benchmark: 0.90%
| Home value | Estimated annual tax | Estimated monthly tax |
|---|---|---|
| $250,000 | $2,850 | $238 |
| $400,000 | $4,560 | $380 |
| $500,000 | $5,700 | $475 |
| $750,000 | $8,550 | $713 |
| $1,000,000 | $11,400 | $950 |
Compare Nearby Property Taxes
- Hennepin County1.14%
- Ramsey County1.21%
- Olmsted County1.06%
- St. Louis County1.03%
- Scott County1.01%
- Stearns County1.00%
- Carver County0.99%
Source Transparency
Source: U.S. Census Bureau, ACS 5-Year Estimates (B25103 / B25077)
View sourceLast updated: August 2026
Estimates only. Confirm parcel-specific amounts with the official local taxing authority.
Need Statewide Context?
Visit Minnesota mortgage snapshot or return to the national calculator hub.