Property taxes are rising in Minnesota, raising concerns and questions among some homeowners. The latest estimates from the Minnesota Department of Revenue show that local governments across the state are proposing up to $948 million more in property tax levies for 2026 than owners paid this year. Five helpful data tables from the Department of Revenue show the proposed property tax levies of counties, cities, schools, townships, and special taxing districts: Preliminary Levy Changes for CY 2026 - All Jurisdictions. Local governments can still reduce their final levies before the end of December, but the early numbers are a sign of building financial pressures faced by cities and counties.
Minnesota ranks above the national average in property taxes across most major property types, according to a new report recently added to our collection from the Lincoln Institute of Land Policy and the Minnesota Center for Fiscal Excellence: 50-State Property Tax Comparison Study for Taxes Paid in 2024. Published annually since 1996 and offering a unique comparison of property taxes across the country, the study includes 125 cities throughout the U.S., and each state is represented by the largest city and a small city that is outside a metropolitan area. Minnesota has two cities in the study, Minneapolis and Glencoe, and the study shows how Minnesota compares on property taxes for four different types of property – homestead, apartment, commercial, and industrial – which make up around 70 percent of taxable real property in Minnesota.
The Library recently received two additional reports from the Minnesota Department of Revenue on this topic. Property Tax Law Summary: A Summary of Laws Enacted During the 2025 Regular and Special Sessions that Impact Property Tax Administration Statewide can help property tax professionals plan for implementation of new property tax laws. Residential Homestead Property Tax Burden Report: Taxes Payable 2023 offers a summary of homestead property values and property taxes. It profiles 20 regions in Minnesota based on residential homestead property taxes payable in 2023 and income earned in 2022. The Minnesota House of Representatives' House Research Department provides additional data and analysis on Minnesota's property tax system and levies, aids and credits.