In fiscal year 2025, Mounds View recorded a median commercial property tax rate of 1.5%, making it the second-lowest rate among cities in Ramsey County, according to BlockShopper.com.
The median for the county was 2.5% for fiscal year 2025, with Mounds View’s rate falling 1 percentage point below that average.
Rates across the 12 Ramsey County cities spanned from a low of 1.3% in Little Canada to a high of 3.2% in White Bear Lake.
Mounds View’s median commercial property tax rate in fiscal year 2024 stood at 2.3%, ranking it seventh in the county for that year.
An analysis by the Lincoln Institute of Land Policy showed that commercial property tax rates across 53 major U.S. cities averaged 1.76% in 2024. The report estimated that a $1 million property, including $200,000 for fixtures, would be taxed about $21,060 annually. Tax rates fluctuated significantly, ranging from just under 1% in some locations to as much as 4% elsewhere.
Many states use classification systems that can result in commercial, industrial, and apartment properties facing higher effective tax rates than those on residential properties. In some places, business tax rates can be several times higher than rates for residential owners, such as Charleston, where the difference can reach sixfold.
| Rank | City | Tax Rate % |
|---|---|---|
| 1 | White Bear Lake | 3.2% |
| 2 | New Brighton | 3.1% |
| 3 | Roseville | 2.9% |
| 4 | Shoreview | 2.8% |
| 5 | Vadnais Heights | 2.7% |
| 6 | St. Paul | 2.4% |
| 7 | Arden Hills | 2.3% |
| 8 | Maplewood | 2.1% |
| 9 | North St. Paul | 1.8% |
| 10 | St. Anthony | 1.6% |
| 11 | Mounds View | 1.5% |
| 12 | Little Canada | 1.3% |
| Rank | Address | Tax Rate % |
|---|---|---|
| 1 | 2408 Mounds View Blvd. 0 | 2% |
| 2 | 5491 Adams St. 0 | 0.9% |
Note: Some property addresses may be incomplete or missing due to limitations in county assessor data.
Information in this article was obtained from BlockShopper.com. The source data can be found here.
