Quantcast

St. Paul Reporter

Saturday, September 21, 2024

Ramsey County effective property tax rate in Q2 2022 was lower than the national average

Re 14

Property owners in Ramsey County paid 1.1% of the value of their homes in property taxes in the second quarter of 2022, which is less than 0.9 times the national average, according to the real estate analysis posted by the St. Paul Reporter.

The median sales price of a Ramsey County home in the second quarter of 2022 was $315,000, based on data from the 1,854 properties sold during that time. In 2019 the median tax bill for the county was $3,296, which is 1.1% of the median value of the homes that were taxed.

This is 0.9 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Ramsey County real estate data showed homeowners in St. Anthony and Little Canada paid the highest rates.

The following table compares St. Anthony with some other cities belonging to Ramsey County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2022.

CityQ2 2022 SalesQ2 2022 Median PriceMedian tax 2022Effective tax rate
St. Anthony5$189,900$5,0892.7%
Little Canada33$285,000$3,6161.3%
St. Paul1,107$285,000$3,4791.2%
Shoreview94$397,900$4,5991.2%
Lauderdale13$252,000$3,0481.2%
Roseville128$337,500$4,0521.2%
Gem Lake3$380,000$4,6741.2%
Arden Hills21$465,000$5,1651.1%
New Brighton64$380,000$4,0681.1%
Falcon Heights11$425,000$4,7331.1%
Maplewood97$326,950$3,6801.1%
Vadnais Heights39$360,000$3,7391%
Mounds View41$340,000$3,3601%
North St. Paul47$315,000$3,0871%
White Bear Lake88$335,000$3,2411%
Bellaire2$369,000$3,7351%
White Bear Township41$400,000$3,8741%
White Bear Beach1$503,000$4,0330.8%
North Oaks17$1,100,000$7,7560.7%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS