Anoka County, MN Property Tax Calculator

Anoka County Property Tax Rates

Property tax rates in Anoka County are 1.17%, which are lower than the rate for Minnesota state at 1.02%. Both, however, are higher than the national property tax rate of 0.99%.

Anoka County’s taxpayers pay a median annual property tax payment of $2,871. This is comparable with the median annual property payment for Minnesota state of $2,915. The tax revenue provides funding for public services and other projects at city, county and state levels. 

Median home values in Anoka County is $244,500, which is $40,000 less than the home median value in Minnesota state ($285,400).

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Paying Your Anoka County Property Taxes

Your tax due date in Anoka County can vary depending on what type of property you’re paying taxes on each year. But in most cases, your property tax payments will be due on May 15 and October 15 each year. These dates apply to real estate property, residential homestead and personal property built on leased government land.

Manufactured homes and agricultural homestead are exceptions to these dates with tax payments due on May 15 and November 15 of each year. In cases where the due date falls on a weekend, taxes will be due the next business day.

You’ll be subject to increasing penalties if you’re late on one or both of your tax installments. For residential homesteads, past-due tax payments face an 8% penalty on December 1 or a 10% penalty if still outstanding by January 2. Costs are even higher for non-homestead properties, with penalties increasing from 12% to 14% for any outstanding balances on January 2.

Anoka County taxpayers have a few options for taking care of any necessary tax payments they owe, including the option to pay online. Taxpayers should review the Online Property Tax Payment Fees FAQs on the Property Records & Taxation page of the Anoka County website to understand what transactions might be involved with online payments.

How Your Anoka County Property Tax Works

There are two different approaches to calculating property taxes in Anoka County. The state levies taxes on market value and on net tax capacity. For property taxes based on market value, property taxes will be based directly on your home’s market value. The resulting tax bill will combine with your net tax capacity-based taxes to form your net tax bill.

For net tax capacity, the tax calculation is first based on your home’s market value minus any possible market value exclusions. The most common exclusion that could affect your taxes is the Homestead Market Value Exclusion. The Homestead Market Exclusion is 40% of your home’s market value for homestead properties with a value of up to $76,000. For values beyond $76,000 (up to a cap of $413,800), the exclusion amount is equal to $30,400 minus 9% of the home’s value above $76,000.

This amount is then multiplied by your property’s class rate to determine final net tax capacity. Class rate is a percentage of either 1% or 1.25% depending on your home’s value. For example, residential homesteads are subject to a class rate of 1% on the first $500,000 of the home’s value and a rate of 1.25% on any remaining value over $500,000.

There are a few different situations that can affect your property tax bill each year. First, changes in spending that your city, Anoka County or your local school district makes can certainly impact the annual amount you’ll pay in a given year. You might find that your property taxes could increase if a voter referendum approves a new tax in the area as well.

Going beyond spending decisions, changes in tax legislation or the way properties are classified can also alter your tax payments. Even if tax laws remain unchanged, changes in your property’s market value or the market values in your area can affect your Anoka County property tax payments.

Each January, the Assessor will both classify and value your property. This assessment is based on market values through the 12-month time period ending September 30 of the preceding year. After this step, each jurisdiction within Anoka County will use assessments to set local tax rates. Of course, the Minnesota Department of Revenue also oversees every step in the process.

What goes into determining market value? Assessments look at the appropriate price for your home in an open market under typical market conditions and circumstances to determine market value. Local jurisdictions only begin budgeting once the assessment process is complete. Finally, budgeting leads into the process of setting local tax rates within Anoka County.