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North Ramsey News

Monday, September 30, 2024

Effective property tax rate in Ramsey County were lighter than the national average in Q2 2022

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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 North Ramsey News.

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%

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