What is the property tax rate in Mankato, MN?

Mankato has an estimated effective property tax rate of 1.00%. On a median home valued at $250,600, homeowners pay approximately $2,500 per year in property taxes.

How does Mankato compare to Blue Earth County?

Mankato's effective rate of 1.00% is 2% higher than the Blue Earth County average of 0.98%. The county-wide median annual tax is $2,601, while Mankato homeowners pay an estimated $2,500.

How much are property taxes in Mankato on a $300,000 home?

Based on Mankato's effective rate of 1.00%, property taxes on a $300,000 home would be approximately $3,000 per year, or about $250 per month.

Mankato Property Tax Rate

Blue Earth County, Minnesota

1.00%effective rate

Mankato is located in Blue Earth County, Minnesota. Homeowners in Mankato pay a median of $2,500 per year in property taxes on a home valued at $250,600, resulting in an effective tax rate of 1.00%. This is 2% higher than the Blue Earth County average of 0.98%.

Effective Tax Rate🏠

1.00%

vs 0.98% county avg

Est. Annual Tax💰

$2,500

Per year

Median Home Value📊

$250,600

2024 estimate

Population📍

44,882

Mankato, MN

How Mankato Compares

Mankato

1.00%

Blue Earth County Average

0.98%

Minnesota Average

1.02%

National Average

0.92%

About Property Taxes in Mankato

Property taxes in Mankato are collected by Blue Earth County. Tax exemptions available to Blue Earth County residents — including homestead, senior, and disability exemptions — also apply to homeowners in Mankato. For detailed information on available exemptions and the county tax collector, see the Blue Earth County property tax page.

Property Tax Calculator

Estimate your annual property tax in Mankato

Home Value

$50k$2M

Apply homestead exemption ($100,000 school tax reduction)

Estimated Annual Property Tax

$3,000

$250/month · Rate: 1.00%

Blue Earth County Property Taxes

County-level data, exemptions, historical trends, and tax collector info.

View county details →

Minnesota Property Taxes

Statewide rates, all 87 counties, and exemptions.

View state details →

Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

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Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.