Property taxes

Property tax levy

The property tax levy is designed to share the cost of government services, which determines the property tax levy, not your estimated market value.House shaped infographic showing property tax jurisdictions

The property tax levy reflects the budgets and expenses of all the various taxing jurisdictions (i.e. city, county, school district) that you live in. 

Property tax 

The property tax reflects the sum of “your share” of the property tax levy of the various taxing jurisdictions in which you reside. It fluctuates based on changing budgets of the various taxing jurisdictions and shifts in a property’s share of total estimated market value.

When are property taxes due?

Property taxes are due May 15 and October 15 of each year.

How do I pay my property taxes?

Property tax payments are made to Hennepin County. For payment options, visit the Hennepin County website.

What property tax assistance programs are available?

The Minnesota Department of Revenue has the following programs that may offer some assistance.

Homestead credit refund - form M1PR

The homestead credit refund is a property tax refund that consists of two separate programs: 1) regular property tax refund and 2) special property tax refund. Both programs require a valid Social Security number and the property is classified as your homestead. 

Regular property tax refund

You may qualify for a regular property tax refund if all the following statements are true:

  • Are a homeowner and the total household income is less than $119,790.
  • Owned and occupied the home on January 2 of the previous year.
  • Property is classified as your homestead or have applied for homestead classification and had it approved.
  • Have paid or arranged to pay any delinquent property taxes on the home.

Special property tax refund

This refund has no income limit, and the maximum refund is $1,000. Residents may qualify for a special property tax refund if all the following statements are true:

  • Owned and occupied the home on January 2 for the previous two years.
  • The net property tax on the homestead increased by more than 12% from last year to this year.
  • The increase was at least $100.

Residents can apply for a property tax refund via the:

Senior citizen property tax deferral - form CR-SCD

This program helps senior citizens who are having difficulty paying their property taxes. It may allow a person to defer a portion of the property taxes owed. To qualify, all of these statements must be true:

  • Age 65 or older in the year they apply.  If married, one resident is 65 or older and the other is at least 62.
  • Household income is $60,000 or less.
  • Have owned and lived in the home for the last 15 years.
  • The home has been homesteaded for 15 years.
  • Do not have a reverse mortgage, a life estate, or any state or federal liens on the property.
  • Other liens against the property are less than 75% of the estimated market value.

If eligible, the property tax paid will be 3% of the total household income based on the prior year income. The state pays the remainder as a loan. When you sell the home or voluntarily cancel the deferral, the loan must be repaid plus interest. The interest rate varies but does not exceed 5%.

Additional information is available by emailing the Minnesota Department of Revenue or calling 651-556-6091.

Where can I learn more?