Property Tax in Rice County
via TaxByCounty
Rice County taxes above national median
Rice County's effective property tax rate of 0.971% ranks slightly below the national median rate, but its median tax bill of $2,899 exceeds the national median of $2,690. This reflects Rice County's higher median home values of $298,500—above the U.S. average of $281,900.
Slightly below Minnesota state average
Rice County's 0.971% effective rate is nearly identical to Minnesota's statewide average of 0.968%, placing it squarely in the middle of Minnesota's 87 counties. Median taxes of $2,899 run 34% above the state average of $2,168, driven by higher property values.
Competitive with southern Minnesota peers
Rice County's 0.971% rate is nearly identical to the state average and lower than Sibley County's 1.099% and Renville County's 1.016%. The county sits among the state's more moderately-taxed regions despite robust home values.
Median Rice home generates $2,899 annual tax
The median home in Rice County is valued at $298,500; at the county's 0.971% effective rate, that homeowner pays approximately $2,899 in annual property taxes. Mortgage holders see this figure climb to $3,007 due to escrow arrangements.
Assessment appeals can lower your Rice County bill
Even in a moderately-taxed county like Rice, many homeowners are paying taxes on inflated assessments. Contact your county assessor to request a reassessment if your property tax burden seems misaligned with neighborhood comparables.