Property Tax in Yellow Medicine County
via TaxByCounty
Yellow Medicine taxes exceed national average
Yellow Medicine County's effective tax rate of 1.042% surpasses the national median of 0.968%, placing it above typical American counties. The median property tax of $1,545 is significantly lower than the national median of $2,690, reflecting Yellow Medicine's median home value of $148,200—well below the national median of $281,900.
Yellow Medicine above Minnesota average
Yellow Medicine County's 1.042% effective rate exceeds Minnesota's state average of 0.968% by about 7%. The median annual tax of $1,545 falls well below the state median of $2,168, as homes are typically valued significantly below the Minnesota average.
Yellow Medicine among region's highest
Yellow Medicine's 1.042% rate exceeds Wilkin (0.760%), Watonwan (1.027%), and Winona (0.942%), and nearly matches Waseca (1.190%). Only Waseca and Washington counties tax at higher rates in this region.
Yellow Medicine typical tax bills
The typical Yellow Medicine homeowner with a $148,200 home pays approximately $1,545 annually in property taxes. Bills vary slightly by mortgage status: $1,515 with a mortgage and $1,567 without.
Rural overassessment deserves attention
Rural counties like Yellow Medicine often have assessment lags—properties valued based on outdated sales data or inflated market assumptions. Check if your assessed value aligns with recent comparable sales; a successful appeal in rural areas often delivers substantial savings.