Property tax in Traverse County, Minnesota

By Brent Chudoba, editor Updated September 23, 2026

The median property tax bill in Traverse County, Minnesota is $1,126 a year, which is about 0.99% of the county's median home value of $114,100. That effective rate is about the same as the typical Minnesota county (0.99%) and higher than the national median (0.81%). These are American Community Survey 5-year estimates (2024); your own bill depends on your home's assessed value and any exemptions.

Estimate the property tax on a home in Traverse County

Enter a home's market value for a ballpark at Traverse County's average effective rate of 0.99% (Census). The real bill depends on the home's assessed value, the millage where it sits and any exemptions.

Home market value

Estimated property tax: $1,130 / year

Property tax in Traverse County at a glance

Traverse County, Minnesota property tax (Census ACS, reviewed September 23, 2026)
Measure	Value
Median annual property tax	$1,126
Median home value	$114,100
Effective tax rate	0.99%
Typical Minnesota county rate	0.99%
National median county rate	0.81%

Effective rate = median real estate taxes paid divided by median home value. Source: U.S. Census Bureau, American Community Survey 5-year estimates.

How does Traverse County compare in Minnesota?

Among Minnesota's 87 counties, Traverse County has the 43rd highest effective property-tax rate: 42 rank higher and 44 rank lower. That is near the middle for Minnesota. Nationally, it ranks 1146th of 3135 US counties by effective rate. See every Minnesota county ranked.

How much do homeowners in Traverse County actually pay?

The median is only the middle bill. Across Traverse County's 1,073 owner-occupied homes, 10.3% pay $3,000 or more a year in property tax, 22.2% pay at least $2,000, and 33.1% pay under $800. Another 3% report paying no property tax at all, which usually means an exemption covers the whole bill.

Annual property tax paid by Traverse County homeowners (Census ACS 2020-2024)
Annual bill	Homes	Share
Under $800	355	33.1%
$800 to $1,499	336	31.3%
$1,500 to $1,999	112	10.4%
$2,000 to $2,999	128	11.9%
$3,000 or more	110	10.3%
No property tax paid	32	3%

Owners with a mortgage pay a median of $1,343 and owners without one pay $950. Owners who have paid off a home have usually held it longer, and in states that cap how fast an existing owner's assessment can rise, long-held homes carry lower assessed values. Census table B25103.

How does the Traverse County property tax bill compare with local incomes?

The median property tax bill of $1,126 is about 1.6% of the median income of Traverse County homeowner households, $71,513 a year. That compares two middles, so a retiree in a long-held home can pay a far larger share. 81.8% of Traverse County's occupied homes are lived in by their owners; renters pay property tax too, just folded into rent.

Have property taxes gone up in Traverse County?

Yes. The median bill went from $883 in 2015-2019 to $1,126 in 2020-2024, a 27.5% rise. Over the same span the median home value moved 40.2%, from $81,400 to $114,100. Bills rose more slowly than values, which is what assessment caps and falling millage rates do: the county is taxing a smaller share of each home's worth.

Two Census ACS 5-year periods with no survey years in common, in each period's own dollars. A change counts only if it exceeds the combined 90% margin of error.

Property tax in counties next to Traverse County

Traverse County borders 6 counties, 2 of them across the state line.

Traverse County and its neighbors, highest effective rate first (Census ACS 2020-2024)
County	Effective rate	Median bill	Median home value
Richland County, ND	1.13%	$2,066	$183,600
Traverse County, MN (this county)	0.99%	$1,126	$114,100
Roberts County, SD	0.97%	$1,492	$154,500
Grant County, MN	0.93%	$1,783	$191,000
Big Stone County, MN	0.87%	$1,473	$169,100
Stevens County, MN	0.81%	$1,634	$202,800
Wilkin County, MN	0.79%	$1,435	$182,200

How is a home assessed in Traverse County?

Minnesota sets the assessment rules and Traverse County applies them. How Minnesota assesses and reappraises homes.

Is there a homestead exemption in Traverse County?

Yes, on a sliding scale. Minnesota's Homestead Market Value Exclusion is worth up to $38,000 on homes worth $95,000 or less and shrinks to nothing at $517,200. That is the Minnesota rule, and it applies in Traverse County. Minnesota's exemptions and relief programs in full.

When are property taxes due in Traverse County?

Two installments, the first due May 15 and the second October 15, with agricultural property getting until November 15 on the second half. If your total tax is $100 or less the whole amount is due in May. Late penalties start at 2% on homestead property and climb monthly.

Minnesota splits the bill into 2 installments. That is the Minnesota rule. Traverse County issues and collects the bill, so the dates printed on your statement are the ones that bind you.

How to appeal your Traverse County property assessment

You contest the assessed value with the Local Board of Appeal and Equalization, then the County Board, then Minnesota Tax Court. The filing deadline is typically April 30 of the year the tax is payable (Tax Court). That is the Minnesota rule; Traverse County sets the exact dates and forms. The Minnesota appeal process step by step.

Minnesota rules from primary state sources, reviewed September 7, 2026; sources on the Minnesota page.

Work out your own numbers

Sources

Median real estate taxes paid and median home value for Traverse County, Minnesota: U.S. Census Bureau, American Community Survey 5-year estimates (2020-2024), tables B25103, B25077, B25102, B25119 and B25003; the five-year comparison uses the 2015-2019 estimates. Neighboring counties: Census county adjacency file.