North Mankato property tax: where it goes

A North Mankato house at the typical market value ($305,100) pays about $3,840 a year on the property tax bill, including flat charges on the same bill. Estimated from public rates, not anyone's actual bill.

A North Mankato house pays 1.632% of its taxable value in property tax. For a house at $305,100 of market value with the homestead exemption, that's about $3,842 a year.

Tax is levied on net tax capacity (valuation) times the local tax rate; the school referendum rate times market value.

Nicollet County, where most of North Mankato lies, has not posted rates newer than taxes payable 2024; the 2026 city rate comes from the city's Truth in Taxation presentation and the ISD 77 and Region 9 rates from the Blue Earth County payable-2026 table.

Pay or manage it

Who taxes this house

Taxing agencyRateOn $305,100
Nicollet County (payable 2024)0.4431%$1,267
City of North Mankato0.4907%$1,403
School District 77 (Mankato), on tax capacity (schools)0.2557%$731
Region 9 Development Commission0.0014%$4
North Mankato Housing and Redevelopment Authority (payable 2024)0.002%$6
School District 77 referendum levy, on market value (schools)0.1409%$430
Higher 1.25% class rate on value above $500,000 (all tax-capacity levies)0.2982%$0
Total1.632%$3,842

2026 taxes payable (county and housing authority rates are payable 2024; city, school and Region 9 are 2026). Exemptions applied: Homestead market value exclusion ($19,091); The 1.25% class rate applies only to market value above $500,000 ($500,000).

How North Mankato compares with nearby cities

Property tax rate

  1. Owatonna · 41 mi1.27%
  2. Mankato · 3 mi1.46%
  3. Faribault · 39 mi1.47%
  4. North Mankato1.63%
  5. Fairmont · 43 mi1.80%
  6. Northfield · 47 mi2.13%

The combined rate of every agency on the bill, before exemptions.

Ways to pay less

  • Apply for homestead by December 31. Homestead is for the property you own and occupy as your primary home. The homestead market value exclusion is 40% of value for homesteads valued at $95,000 or less (a maximum of $38,000), is reduced as values rise, and phases out at $517,200 or more. How: Apply to your county assessor by December 31 to qualify for taxes payable the next year.
  • Claim the Minnesota property tax refund. Minnesota homeowners may get a Property Tax Refund based on income and property taxes. How: File with the Minnesota Department of Revenue by August 15 (late filing allowed up to one year).
  • Seniors 65+ (if married, one 65+ and the other at least 62) with household income of $96,000 or less: defer property taxes. You must be 65 or older in the year you apply; if married, one of you is 65 or older and the other is at least 62. The Senior Citizens Property Tax Deferral caps the tax you pay at 3% of household income; the state pays the rest as a loan, repaid with interest when you sell the home or voluntarily cancel the deferral. You must have owned, lived in and homesteaded the home for the last 5 years, have no reverse mortgage, life estate, state or federal tax liens or judgment liens, and other liens must be under 75% of the estimated market value. How: Apply by November 1 to defer your property taxes the following year.

Dates

WhenWhat
Dec 31 (in 57 days)Apply to the county assessor for homestead to qualify for taxes payable next year
May 15First-half real property taxes due
Aug 15Minnesota property tax refund (Form M1PR) due; you may still file up to one year late
Oct 15Last day to pay the second half of real estate taxes (unless part of the parcel is classified 2a agricultural land)

Sources

  1. www.blueearthcountymn.gov Payable-2026-Tax-Rates-for-Blue-Earth-Co
  2. www.northmankato.com 2026 Truth in Taxation.pdf
  3. www.revenue.state.mn.us homestead
  4. www.revenue.state.mn.us property-tax-refund
  5. www.revenue.state.mn.us filing-property-tax-refund
  6. www.revenue.state.mn.us property-tax-deferral-senior-citizens
  7. www.revenue.state.mn.us homestead-classification
  8. www.revenue.state.mn.us property-tax-calendar

Checked October 29, 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.

Property tax in other Minnesota cities

Mendota Heights property taxMoorhead property taxMounds View property taxNew Brighton property taxNew Hope property taxNorth Branch property taxNorth St. Paul property taxNorthfield property taxOakdale property taxOtsego property taxOwatonna property taxPlymouth property taxAll Minnesota cities →