Minnetonka Property Tax Rate
Hennepin County, Minnesota
Minnetonka is located in Hennepin County, Minnesota. Homeowners in Minnetonka pay a median of $5,066 per year in property taxes on a home valued at $456,200, resulting in an effective tax rate of 1.11%. This is 3% lower than the Hennepin County average of 1.14%.
1.11%
vs 1.14% county avg
$5,066
Per year
$456,200
2024 estimate
53,256
Minnetonka, MN
How Minnetonka Compares
Cities in Hennepin County
Compare property tax rates for 11 cities in Hennepin County, Minnesota.
| City | Annual Tax | Rate |
|---|---|---|
| Brooklyn Center | $3,298 | 1.26% |
| Minneapolis | $4,181 | 1.21% |
| Brooklyn Park | $3,613 | 1.15% |
| St. Louis Park | $4,268 | 1.15% |
| Richfield | $3,684 | 1.15% |
| Minnetonka | $5,066 | 1.11% |
| Maple Grove | $4,348 | 1.09% |
| Bloomington | $3,736 | 1.08% |
| Eden Prairie | $4,983 | 1.08% |
| Edina | $6,754 | 1.08% |
| Plymouth | $4,985 | 1.05% |
About Property Taxes in Minnetonka
Property taxes in Minnetonka are collected by Hennepin County. Tax exemptions available to Hennepin County residents — including homestead, senior, and disability exemptions — also apply to homeowners in Minnetonka. For detailed information on available exemptions and the county tax collector, see the Hennepin County property tax page.
Property Tax Calculator
Estimate your annual property tax in Minnetonka
Estimated Annual Property Tax
$3,330
$278/month · Rate: 1.11%
Hennepin 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.
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Homeowners save an average of $1,148/year by appealing their assessment.
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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.