How much are property taxes in Walcott Township, MN?

Homeowners in Walcott Township, MN pay a median of $2,731 (±$247) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $3,000.

Homes without a mortgage pay a median of $2,515.

That is about 0.7% of the median home value of $406,500.

In Walcott Township, the median real estate tax went from $2,140 in 2015–2019 to $2,731 in 2020–2024 (+27.6%).

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
$2,731 (±$247)
With a mortgage
$3,000
Without a mortgage
$2,515
Share of median value
0.7%

Real estate taxes in Walcott Township against Rice County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Walcott TownshipRice CountyMinnesotaUnited States
Median real estate taxes$2,731 (±$247)$3,115 (±$110)$3,357 (±$10)$3,119
Homes with a mortgage$3,000 (±$466)$3,215 (±$137)$3,470 (±$14)$3,489
Homes without a mortgage$2,515 (±$222)$2,962 (±$150)$3,144 (±$18)$2,576
Median home value$406,500 (±$39,337)$320,200 (±$9,461)$329,300 (±$903)$332,700

In Walcott Township, the median real estate tax is lower than in Rice County ($3,115).

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

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

In Rice County, Walcott Township ranks 11 of 20 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 652 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 Walcott Township

The median tax ($2,731) is 0.7% of the median home value ($406,500).

Across Rice County the same ratio is 1.0%.

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 Walcott 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$2,140 (±$264)$2,731 (±$247)+27.6%No measurable change after inflation
Median home value$312,200 (±$24,964)$406,500 (±$39,337)+30.2%No measurable change after inflation
Median owner cost with a mortgage$1,723 (±$114)$2,189 (±$335)+27.0%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 Walcott Township

Nearest places with a published estimate, compared with Walcott Township
PlaceDistanceMedian real estate taxesCompared with this place
Walcott Township—$2,731 (±$247)—
Medford Township4.1 mi$687 (±$128)Lower
Medford4.9 mi$3,103 (±$318)Not measurably different
Faribault5.5 mi$2,316 (±$149)Lower
Richland Township5.6 mi$2,303 (±$418)Not measurably different
Warsaw Township (Rice County)6.5 mi$2,536 (±$253)Not measurably different
Clinton Falls Township7.0 mi$3,966 (±$676)Higher
Cannon City Township7.0 mi$2,395 (±$397)Not measurably different
Deerfield Township (Steele County)8.4 mi$2,905 (±$451)Not measurably different

Nearby places with a measurably lower figure: Medford Township, MN ($687), Faribault, MN ($2,316).

Nearby places with a measurably higher figure: Clinton Falls Township, MN ($3,966).

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

Median real estate taxes across Rice County, place by place

RankPlaceMedian real estate taxes
5Webster Township$4,018 (±$276)
6Lonsdale$3,726 (±$160)
7Northfield Township$3,637 (±$399)
8Erin Township$3,198 (±$414)
9Wheatland Township$3,088 (±$343)
10Shieldsville Township$2,854 (±$159)
11Walcott Township$2,731 (±$247)
12Wells Township$2,676 (±$217)
13Morristown Township$2,574 (±$413)
14Wheeling Township$2,543 (±$501)
15Warsaw Township (Rice County)$2,536 (±$253)
16Cannon City Township$2,395 (±$397)
17Morristown$2,385 (±$312)

Showing 13 of 20 places in Rice 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.

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Questions about Walcott Township

How much are property taxes in Walcott Township?

The median real estate tax paid by homeowners in Walcott Township, MN is $2,731 (±$247) a year (2020–2024 American Community Survey).

What is the property tax rate in Walcott Township?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.7% of the median home value in Walcott Township, and the actual rate is set by the town, county and school district.

Have property taxes in Walcott Township gone up?

In Walcott Township, the median real estate tax went from $2,140 in 2015–2019 to $2,731 in 2020–2024 (+27.6%).

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 Walcott Township higher than in Rice County?

In Walcott Township, the median real estate tax is lower than in Rice County ($3,115).

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 Walcott township, Rice County, Minnesota (county subdivision:67666, in state:27 county:131).

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 .

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