Are property taxes high in Minneapolis?
They're moderate — higher than rural Minnesota, lower than the coasts, and very dependent on which city or suburb you land in. Your bill comes from the home's assessed value times the rates set by the county, city, and school district, so two similar homes can owe different amounts across a city line. Minnesota's homestead classification lowers the bill on your primary residence, and there's a property tax refund for owners who qualify by income. The number that matters is the actual annual tax on the specific home, which is public record. Before you fall for a listing, check that figure — I pull it for every home I show.
I wrote this answer, and I stand behind it. I'm Chris Deutsch, a Minneapolis Realtor (MN #20382264). Twenty-five years of walking these neighborhoods, checking basements, and sitting across kitchen tables from people making exactly this call. I re-check every answer and date it — this one was last verified .
If your situation is more specific than the market, that's the one worth talking through. Email me at chris@lakesarearealty.com.