Hermantown property tax: where it goes
A Hermantown house pays 1.677% of its taxable value in property tax. For a house at $382,300 of market value with the homestead exemption, that's about $5,044 a year.
Tax is levied on taxable market value times the class rate gives tax capacity.
Who taxes this house
| Taxing agency | Rate | On $382,300 |
|---|---|---|
| St. Louis County | 0.6227% | $2,305 |
| City of Hermantown | 0.4652% | $1,722 |
| Hermantown schools (ISD 700), on tax capacity (schools) | 0.1674% | $620 |
| Special taxing districts | 0.0129% | $48 |
| Hermantown schools (ISD 700), voter-approved levy on market value (schools) | 0.0915% | $350 |
| All tax-capacity levies above, on value over $500,000 (1.25% class rate instead of 1.00%) | 0.317% | $0 |
| Total | 1.677% | $5,044 |
2026 taxes payable, St. Louis County (Hermantown, school district 700). Exemptions applied: 1.00% class rate on the first $500,000 (1.25% only above) ($500,000); Homestead market value exclusion ($12,143).
Ways to pay less
- File for homestead. For homesteads valued at $95,000 or less, the exclusion is 40% of the market value, up to $38,000. How: The exclusion is reduced by 9% of value above $95,000.
- Claim the Minnesota property tax refund. The state's property tax refund can return part of your property tax if you qualify. How: File Form M1PR with the Minnesota Department of Revenue by August 15 (you may file up to one year late).
- Seniors 65+: defer part of your property tax. Property Tax Deferral for Senior Citizens limits the tax you pay to 3% of total household income; the state pays the remainder as a loan, repaid with interest when you sell or cancel. How: You must be 65 or older (if married, the other spouse at least 62), have household income of $96,000 or less and have owned, lived in and homesteaded the home for 5 years; apply by November 1.
- Veterans with a 70%+ disability rating: market value exclusion. Honorably discharged veterans with a service-connected disability rating of 70% or higher who own and occupy a homestead on December 31 can get a $150,000 market value exclusion; a 100% permanent and total rating qualifies for $300,000. How: The program is administered by the counties.
Dates
| When | What |
|---|---|
| Nov 1 (in 10 days) | Senior citizen property tax deferral applications due to defer the following year's taxes |
| May 15 | First-half property tax payments due |
| Aug 15 | Minnesota property tax refund (Form M1PR) due; you may still file up to one year late |
| Oct 15 | Second-half property tax payments due |
Sources
- St. Louis County 2026 tax rate sheet
- MN Revenue: homestead
- MN property tax statement instructions
- MN property tax refund
- MN senior deferral
Checked October 22, 2026. Every number here comes from the public sources listed, matched by our checker.
Rates change every year; this page shows when it was last checked. Nothing here is legal, tax or insurance advice.