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County Tax Facts
- Dakota County is proposing no levy increase to the County’s portion of property taxes collected for 2012, totaling approximately $129.4 million.
- The Dakota County property tax rate remains the lowest county tax rate in the state. The tax rate is the amount of money (the levy) needed to pay for essential services, divided by the tax base. Dakota County has a growing tax base.
- We project that a home in Dakota County with a median value of $200,800 will experience a 3.5% increase in the County’s portion of property taxes comparable to 2011. Dakota County per capita tax increases are cumulatively below the rate of inflation. The increase is primary due to the State Legislature appeal of the Homestead Market Value Credit for residential homestead properties.
- On average, the County’s share of property taxes is about 25 percent of a homeowner’s total property tax bill. School districts, cities or townships, and special taxing districts comprise the rest of the property tax bill.
- The average county portion of 2011 proposed property tax paid by owners of homes valued at $200,800 in Dakota County is $681 compared to an estimated metro average of $829 in county tax.
This page was last updated on: 04/30/2012
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