Analysis: Ramsey County effective property tax rate were lighter than the national average in Q3 2022

Analysis: Ramsey County effective property tax rate were lighter than the national average in Q3 2022
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Property owners in Ramsey County paid 1.1% of the value of their homes in property taxes in the third quarter of 2022, which is less than 1 time the national average, according to the real estate analysis posted by the North Ramsey News.

The median sales price of a Ramsey County home in the third quarter of 2022 was $304,750, based on data from the 1,556 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 1 time 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 St. Paul 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 third quarter of 2022.

City Q3 2022 Sales Q3 2022 Median Price Median tax 2022 Effective tax rate
St. Anthony 1 $215,000 $5,089 2.4%
St. Paul 924 $275,000 $3,479 1.3%
Arden Hills 22 $425,000 $5,165 1.2%
Falcon Heights 15 $381,000 $4,733 1.2%
Roseville 105 $333,000 $4,052 1.2%
Little Canada 30 $311,550 $3,616 1.2%
Shoreview 79 $418,000 $4,599 1.1%
Lauderdale 8 $279,000 $3,048 1.1%
New Brighton 67 $360,000 $4,068 1.1%
Vadnais Heights 28 $337,500 $3,739 1.1%
Maplewood 85 $334,900 $3,680 1.1%
Mounds View 38 $318,500 $3,360 1.1%
Gem Lake 2 $430,000 $4,674 1.1%
White Bear Township 29 $361,000 $3,874 1.1%
North St. Paul 48 $300,000 $3,087 1%
White Bear Lake 62 $314,950 $3,241 1%
Bellaire 3 $386,000 $3,735 1%
North Oaks 10 $882,500 $7,756 0.9%


Related

Weekly recap: Most recently reported home sales in Ramsey County for week ending April 11

Weekly recap: Most recently reported home sales in Ramsey County for week ending April 11

The following 13 home sales represent the most recently reported in Ramsey County for the week ending April 11.

Ramsey County homeowners paid a median property tax bill of ,221 in FY 2024

Ramsey County homeowners paid a median property tax bill of $4,221 in FY 2024

Homeowners in Ramsey County paid a median property tax bill of $4,221 in fiscal year 2024, up 3.9% from the previous year.

Analysis: Ramsey County effective property tax rate were lighter than the national average in Q3 2022

Mounds View commercial property tax rate was 1.5% in FY 2025, second-lowest in Ramsey County

Business owners in Mounds View paid a median commercial property tax rate of 1.5% in fiscal year 2025, coming in under the Ramsey County median.

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