The median sales price of a Hennepin County home in the first quarter of 2023 was $347,500, based on data from the 2,239 properties sold during that time. In 2021 the median tax bill for the county was $4,220, which is 1.2% of the median value of the homes that were taxed.
This is 1.1 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Hennepin County real estate data showed homeowners in St. Anthony paid the highest tax rate of 1.9%.
The following table compares St. Anthony with some other cities belonging to Hennepin County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2023.
| City | Q1 2023 Sales | Q1 2023 Median Price | Median tax 2023 | Effective tax rate |
|---|---|---|---|---|
| St. Anthony | 13 | $360,000 | $6,863 | 1.9% |
| Golden Valley | 38 | $375,000 | $5,961 | 1.6% |
| Minneapolis | 809 | $305,000 | $4,730 | 1.6% |
| Osseo | 4 | $240,000 | $3,803 | 1.6% |
| Crystal | 69 | $275,000 | $3,992 | 1.5% |
| New Hope | 40 | $311,000 | $4,771 | 1.5% |
| Hopkins | 27 | $360,000 | $5,457 | 1.5% |
| Shorewood | 13 | $508,000 | $6,937 | 1.4% |
| Dayton | 10 | $355,000 | $5,019 | 1.4% |
| Independence | 7 | $460,000 | $6,435 | 1.4% |
| Robbinsdale | 34 | $283,950 | $3,880 | 1.4% |
| Brooklyn Park | 147 | $320,000 | $4,081 | 1.3% |
| Bloomington | 123 | $347,500 | $4,358 | 1.3% |
| Deephaven | 7 | $700,000 | $9,077 | 1.3% |
| Plymouth | 127 | $415,000 | $5,308 | 1.3% |
| Rogers | 24 | $397,000 | $5,262 | 1.3% |
| St. Louis Park | 81 | $370,000 | $4,941 | 1.3% |
| Maple Plain | 3 | $339,900 | $4,562 | 1.3% |
| Richfield | 67 | $317,900 | $4,194 | 1.3% |
| Brooklyn Center | 63 | $273,200 | $3,626 | 1.3% |
| Excelsior | 9 | $680,000 | $8,678 | 1.3% |
| Maple Grove | 130 | $375,000 | $4,635 | 1.2% |
| Edina | 79 | $712,500 | $8,343 | 1.2% |
| Long Lake | 2 | $367,000 | $4,421 | 1.2% |
| Corcoran | 12 | $512,450 | $5,510 | 1.1% |
| Greenfield | 9 | $520,000 | $5,759 | 1.1% |
| Mound | 26 | $342,500 | $3,646 | 1.1% |
| Eden Prairie | 95 | $510,000 | $5,554 | 1.1% |
| Minnetonka | 74 | $500,000 | $5,648 | 1.1% |
| Champlin | 34 | $359,000 | $3,933 | 1.1% |
| Minnetrista | 12 | $553,750 | $5,505 | 1% |
| Orono | 21 | $827,500 | $8,030 | 1% |
| Hanover | 1 | $556,000 | $5,647 | 1% |
| Medina | 11 | $811,000 | $7,543 | 0.9% |
| Medicine Lake | 1 | $1,400,000 | $12,120 | 0.9% |
| Loretto | 1 | $485,000 | $4,518 | 0.9% |
| Minnetonka Beach | 1 | $1,837,500 | $13,458 | 0.7% |
| Spring Park | 3 | $850,000 | $6,211 | 0.7% |
| Wayzata | 7 | $1,800,000 | $9,558 | 0.5% |
| Greenwood | 1 | $7,800,000 | $13,165 | 0.2% |
| Tonka Bay | 2 | $3,287,500 | $7,291 | 0.2% |
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