Traverse County Property Tax Rate

Minnesota

0.99%effective rate

Traverse County, Minnesota has an effective property tax rate of 0.99%, which is 8% higher than the national average of 0.92%. On a home valued at $114,100, homeowners pay approximately $1,126 per year in property taxes. Traverse County ranks #43 out of 87 counties in Minnesota for property tax rates.

Median Tax Paid🏠

$1,126

Per year

Median Home Value📊

$114,100

2024 estimate

Tax as % of Income💰

1.79%

Median income: $62,989

State Rank📍

#43

of 87 counties in MN

Tax Breakdown

With Mortgage

$1,343

median annual tax

Without Mortgage

$950

median annual tax

Homeowners with a mortgage in Traverse County pay on average $393 more per year than those without. This difference often reflects how property tax escrow accounts in mortgaged homes capture the full tax obligation.

How Traverse County Compares

Traverse County
0.99%
Minnesota Average
1.02%
National Average
0.92%

Top Counties in Minnesota

Pennington
1.26%
Ramsey
1.21%
Steele
1.21%
Waseca
1.18%
Carlton
1.17%
Houston
1.15%
McLeod
1.15%
Hennepin
1.14%

Minnesota Property Tax Exemptions

Available to Traverse County homeowners

Homestead Market Value Exclusion

Up to $38,400 excluded; phases out for homes valued over $76,000

Primary residence owners

Property Tax Refund

Varies based on income and property taxes paid; up to $3,310

Homeowners with income under $128,280

Disabled Veteran

Up to $300,000 for 70%+ disability; $150,000 for lower ratings

Veterans with service-connected disability

Property Tax Calculator

Estimate your annual property tax in Traverse County

$
$50k$2M

Estimated Annual Property Tax

$2,970

$248/month · Rate: 0.99%

Quick Facts

Population3,243
Owner-Occupied56.6%
National Rank#1146 of 3,135
Median Income$62,989

Think your property tax is too high?

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

Learn How to Appeal →

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. 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.