Richfield, MN · Updated Oct 2026

What a Richfield home costs each year

Property tax, water, trash and energy from public rates. Look up your address to make it yours, and see how to pay less.

Suggestions as you type come from Google; the lookup uses free public map services to find who serves it. Not stored unless you save your house.

Example · a Richfield house

$9,987a year · $832 a month

Starts at $326,900 of value before exemptions. Typical use.

Property tax$4,629
1.814% of $326,900, less $17,129 homestead market value exclusion and less $500,000 the 1.25% class rate applies to class 1a homestead market value above $500,000
Electricity and gas$2,034
587.82 kWh a month $1,198 · 61.79 therms $836
Water and sewer$1,188
7,000 gallons a month on City of Richfield: water $44, sewer $44, storm water (a single-family residence is one unit: $26.44 a quarter ÷ 3) $9, street lights (quarterly charge $7.21 ÷ 3) $2 a month
TrashIncluded
Trash and recycling are required services; organics is charged to everyone; yard waste is optional
Home insurance$1,774
Typical premium $1,774

A typical Richfield house costs about $9,600 a year: $4,630 property tax and charges, $1,190 water and sewer, $2,030 electricity and gas, $1,770 home insurance; trash is paid through property tax. Estimated from public rates, not anyone's actual bill.

Rates checked Oct 22, 2026. Insurance: what you enter, or a typical premium until you do. Sources are listed at the bottom.

Ways to pay less

Nothing here applies to every house automatically. These are worth checking:

Switch to the small trash cart, every other week cartUp to $83 a year
Your cart costs $30 a month; the smallest costs $23. Worth it if you rarely fill it.
How: Contact your hauler to change your cart size; one change a year is free.
Apply for homestead by December 31
Homestead status can save you money on your property taxes. For class 1a homesteads, 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 with Hennepin County: you must own, occupy and apply by December 31.
Claim the Minnesota property tax refund
Minnesota homeowners may get a Property Tax Refund based on income and property taxes.
How: File Form M1PR with the Minnesota Department of Revenue by August 15 (late filing allowed up to one year).
Veterans with a disability: $150,000 or $300,000 market value exclusion$150,000 or $300,000 market value exclusion
Honorably discharged veterans with a 70–99% service-connected disability can get a $150,000 market value exclusion; a veteran with a 100% and permanent service-connected disability can get $300,000.
How: Your property must be classified as homestead; apply with Hennepin County by December 31.
LIHEAP households: CenterPoint Gas Affordability Program
Residential customers who receive LIHEAP energy assistance and agree to a levelized payment plan and a payment schedule can get an affordability bill credit and arrearage forgiveness.
How: The program is available to residential customers qualified for and receiving LIHEAP assistance.
Paid property tax late? Ask for a penalty abatement
Hennepin County lets owners request an abatement of the late-payment penalty once every ten years, for current-year taxes.
How: Pay the tax in full, then apply by June 30 (first half) or November 30 (second half).

Money dates

Nov 30in 37 daysPenalty abatement application due for late second-half property taxes (current-year taxes only)
Dec 31in 68 daysOwn, occupy and apply for homestead with Hennepin County
May 15First half of Hennepin County property tax due
Aug 15Minnesota property tax refund (Form M1PR) due; you may still file up to one year late

Who serves this house

Water: City of Richfield; City of Richfield, billed quarterly; 2026 conservation rate structure per 1,000 gallons
Property tax: 1.81% of value; 2026 taxes payable, Hennepin County (Richfield, Richfield schools ISD 280, tax area 81, no watershed district levy)
Garbage: Hauler serving your address; Trash and recycling are required services in Richfield; billed quarterly
Sewer: City of Richfield; Flows to a treatment plant owned by the Metropolitan Council Environmental Services
Electricity: Xcel Energy; Richfield is on Xcel Energy's list of Minnesota communities it serves with electricity
Gas: CenterPoint Energy; Richfield is on CenterPoint Energy's list of Minnesota communities it serves
Schools: School district 280 (Richfield Public Schools); Hennepin County's 2026 rate cards list Richfield tax areas with school district code 280

Pay or manage your bills

Your water

Source: Groundwater from seven wells, 405 to 1066 feet deep, in three aquifers (2025 report)
Lead: 90th-percentile lead result under 1 ppb (Richfield water quality report)

Other MN cities

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How these numbers are made

Property tax uses Hennepin County's final 2026 rates for Richfield tax area 81 (the area with no watershed district levy; the city's surface water plan puts 4.2 of its square miles in the Richfield-Bloomington WMO, 2.1 in Minnehaha Creek WD and 0.6 in Nine Mile Creek WD, whose homes pay an extra 1.086% or 1.291% of tax capacity). City 55.783% plus HRA 1.298%, county 39.242%, school 27.967% on tax capacity and 0.17089% on market value, metro 1.918%, parks/museum/rail/HRA 5.205%. The value is the county's 2025 median estimated market value for single-family homes. Garbage adds each trash cart's quarterly price to the required recycling ($19.91) and organics ($17.29) charges, divided by 3. Water: $10 quarterly administrative charge and the $15.22 annual state testing fee, spread monthly, plus the 2026 tiers (breakpoints 15,000 and 25,000 gallons a quarter, divided by 3). Sewer is charged per 1,000 gallons of water used; the page applies it to all water use, ignoring the 7,000-gallon quarterly minimum. Electric and gas use the same Xcel and CenterPoint figures as the nearby Minnesota pages (statewide EIA averages and CenterPoint's 2026 tariff). City franchise fees on the electric bill, and the $5.10 a-meter residential gas franchise fee in CenterPoint's tariff, are not included because the sources do not state the billing period. The $6.00 electric basic charge comes from an older Xcel tariff sheet; Xcel's 2025-26 Minnesota rate case (docket E002/GR-24-320) raised rates by about 3% a year on average, so the $6.00 and the 15.96¢ are estimates, not the current tariff. Electric and gas figures leave out franchise fees and riders. Garbage prices are from the city's undated garbage and recycling guide and match its text.
Nothing here is legal, tax or insurance advice.

Sources

How Richfield compares

A typical Richfield house against the 58 Minnesota cities we cover, using the same default numbers as the total above.

Per year	Richfield	Median	Where it falls
Property tax rate	1.81%	1.50%	higher than 46 of the other 55 Minnesota cities we cover
Water	$526	$368	higher than 43 of the other 57 Minnesota cities we cover
Sewer and utility-bill fees	$662	$637	higher than 32 of the other 57 Minnesota cities we cover
Electricity and gas	$2,034	$2,109	lower than 37 of the other 57 Minnesota cities we cover
Home insurance	$1,774	$1,774	in the middle of 57 other Minnesota cities we cover
Total	$9,625	$9,677	lower than 30 of the other 57 Minnesota cities we cover

Cities bill differently (some put trash on the tax bill, some cover more services), so a higher number isn't necessarily worse. The property tax rate is compared instead of dollars because house values differ.

Questions to ask your candidates

Each one starts from a number above. Any candidate can answer them.

1. Property tax rate

The fact: Richfield's property tax rate is 1.81%, higher than 46 of the other 55 Minnesota cities we cover. The rate adds up every agency on the bill, not only the city.

Ask: "Property tax in Richfield is 1.81%, higher than 46 of the other 55 Minnesota cities we cover. What should that money pay for first, and would you change anything about how it is set?"

2. Water

The fact: Water here costs about $526 a year at typical use, higher than 43 of the other 57 Minnesota cities we cover.

Ask: "Water here costs about $526 a year at typical use, higher than 43 of the other 57 Minnesota cities we cover. What drives that cost, and would you change anything?"

3. Electricity and gas

The fact: Electricity and gas for a typical house here cost about $2,034 a year, lower than 37 of the other 57 Minnesota cities we cover. Rates are set mostly by the utility and the state.

Ask: "Electricity and gas here cost about $2,034 a year for a typical house, lower than 37 of the other 57 Minnesota cities we cover. Which parts of that can the city influence, and what would you do about them?"

See who is running in your city →

Common questions about Richfield house costs

What is the property tax rate in Richfield?

About 1.81% of the value before exemptions a year (2026 taxes payable, Hennepin County (Richfield, Richfield schools ISD 280, tax area 81, no watershed district levy)), plus flat charges on the same bill.

How much is property tax on a $500,000 house in Richfield?

About $7,405 a year on $500,000 of the value before exemptions with the homestead market value exclusion.

How much is the water bill in Richfield?

About $99 a month for water and sewer at typical use (7,000 gallons a month) on City of Richfield.

How much does trash pickup cost in Richfield?

Trash and recycling are required services; organics is charged to everyone; yard waste is optional

When is property tax due in Richfield?

Nov 30: Penalty abatement application due for late second-half property taxes (current-year taxes only) May 15: First half of Hennepin County property tax due Aug 15: Minnesota property tax refund (Form M1PR) due; you may still file up to one year late

Where can I get help paying utility bills in Richfield?

LIHEAP households: CenterPoint Gas Affordability Program: Residential customers who receive LIHEAP energy assistance and agree to a levelized payment plan and a payment schedule can get an affordability bill credit and arrearage forgiveness. The program is available to residential customers qualified for and receiving LIHEAP assistance.

How much does a house in Richfield cost to run each year?

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