How much are property taxes in Lake Park Township, MN?

Homeowners in Lake Park Township, MN pay a median of $2,116 (±$298) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $2,224.

Homes without a mortgage pay a median of $2,000.

That is about 0.5% of the median home value of $455,800.

In Lake Park Township, the median real estate tax went from $1,833 in 2015–2019 to $2,116 in 2020–2024 (+15.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median real estate taxes
$2,116 (±$298)
With a mortgage
$2,224
Without a mortgage
$2,000
Share of median value
0.5%

Real estate taxes in Lake Park Township against Becker County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Lake Park TownshipBecker CountyMinnesotaUnited States
Median real estate taxes$2,116 (±$298)$2,014 (±$96)$3,357 (±$10)$3,119
Homes with a mortgage$2,224 (±$435)$2,036 (±$110)$3,470 (±$14)$3,489
Homes without a mortgage$2,000 (±$349)$1,980 (±$158)$3,144 (±$18)$2,576
Median home value$455,800 (±$72,117)$291,000 (±$13,486)$329,300 (±$903)$332,700

In Lake Park Township, the median real estate tax is not measurably different from Becker County ($2,014).

It is also lower than in Minnesota ($3,357).

It is lower than the national figure ($3,119).

In Becker County, Lake Park Township ranks 13 of 44 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 1161 of 2,563.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Lake Park Township

The median tax ($2,116) is 0.5% of the median home value ($455,800).

Across Becker County the same ratio is 0.7%.

Across Minnesota it is 1.0%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Lake Park Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$1,833 (±$299)$2,116 (±$298)+15.4%No measurable change after inflation
Median home value$285,700 (±$30,746)$455,800 (±$72,117)+59.5%Up after inflation
Median owner cost with a mortgage$1,741 (±$233)$2,106 (±$150)+21.0%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Lake Park Township

Nearest places with a published estimate, compared with Lake Park Township
PlaceDistanceMedian real estate taxesCompared with this place
Lake Park Township—$2,116 (±$298)—
Lake Park3.2 mi$1,509 (±$189)Lower
Cormorant Township4.1 mi$3,099 (±$298)Higher
Audubon Township6.3 mi$2,500 (±$402)Not measurably different
Eglon Township6.5 mi$3,160 (±$404)Higher
Audubon6.5 mi$2,054 (±$462)Not measurably different
Cuba Township6.6 mi$2,000 (±$450)Not measurably different
Parke Township7.4 mi$3,579 (±$259)Higher
Highland Grove Township8.1 mi$2,737 (±$561)Not measurably different

Nearby places with a measurably lower figure: Lake Park, MN ($1,509).

Nearby places with a measurably higher figure: Cormorant Township, MN ($3,099), Eglon Township, MN ($3,160), Parke Township, MN ($3,579).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Becker County, place by place

RankPlaceMedian real estate taxes
7Lake Eunice Township$2,483 (±$259)
8Round Lake Township (Becker County)$2,400 (±$718)
9Detroit Lakes$2,359 (±$252)
10Hamden Township$2,313 (±$1,569)
11Atlanta Township$2,280 (±$331)
12Wolf Lake$2,143 (±$714)
13Lake Park Township$2,116 (±$298)
14Richwood Township$2,090 (±$319)
15Audubon$2,054 (±$462)
16Maple Grove Township (Becker County)$2,030 (±$309)
17Holmesville Township$2,028 (±$357)
18Burlington Township$2,016 (±$200)
19Cuba Township$2,000 (±$450)

Showing 13 of 44 places in Becker County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Lake Park Township

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Lake Park Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Lake Park Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Lake Park Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Lake Park Township

How much are property taxes in Lake Park Township?

The median real estate tax paid by homeowners in Lake Park Township, MN is $2,116 (±$298) a year (2020–2024 American Community Survey).

What is the property tax rate in Lake Park Township?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.5% of the median home value in Lake Park Township, and the actual rate is set by the town, county and school district.

Have property taxes in Lake Park Township gone up?

In Lake Park Township, the median real estate tax went from $1,833 in 2015–2019 to $2,116 in 2020–2024 (+15.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Are property taxes in Lake Park Township higher than in Becker County?

In Lake Park Township, the median real estate tax is not measurably different from Becker County ($2,014).

It is also lower than in Minnesota ($3,357).

It is lower than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Park township, Becker County, Minnesota (county subdivision:34802, in state:27 county:005).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related