What is the property tax rate in Rochester, MN?

Rochester has an estimated effective property tax rate of 1.05%. On a median home valued at $287,500, homeowners pay approximately $3,015 per year in property taxes.

How does Rochester compare to Olmsted County?

Rochester's effective rate of 1.05% is 1% lower than the Olmsted County average of 1.06%. The county-wide median annual tax is $3,525, while Rochester homeowners pay an estimated $3,015.

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

Based on Rochester's effective rate of 1.05%, property taxes on a $300,000 home would be approximately $3,150 per year, or about $263 per month.

Rochester Property Tax Rate

Olmsted County, Minnesota

1.05%effective rate

Rochester is located in Olmsted County, Minnesota. Homeowners in Rochester pay a median of $3,015 per year in property taxes on a home valued at $287,500, resulting in an effective tax rate of 1.05%. This is roughly in line with the Olmsted County average of 1.06%.

Effective Tax Rate🏠

1.05%

vs 1.06% county avg

Est. Annual Tax💰

$3,015

Per year

Median Home Value📊

$287,500

2024 estimate

Population📍

121,638

Rochester, MN

How Rochester Compares

Rochester

1.05%

Olmsted County Average

1.06%

Minnesota Average

1.02%

National Average

0.92%

About Property Taxes in Rochester

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

Property Tax Calculator

Estimate your annual property tax in Rochester

Home Value

$50k$2M

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

Estimated Annual Property Tax

$3,150

$263/month · Rate: 1.05%

Olmsted 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.