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Updated 2025 Tax Year

Carver County
Property Tax Guide

Everything you need to know about property taxes in Carver County, MN. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
Approximately $967 per $100,000 assessed value (varies by taxing district location)
1st Due
May 15
2nd Due
Oct 15
Exemptions
5+ Available
Section 1

How Property Tax Works

Carver County, Minnesota operates under a property tax system that funds essential local services including schools, public safety, roads, and county operations. Property taxes are calculated based on your property's assessed market value, with various tax credits available to qualifying homeowners that can significantly reduce your tax burden. The effective tax rate in Carver County varies by location within the county due to different combinations of special taxing districts, school districts, and municipal levies that apply to each property.

For the 2025 tax year (payable in 2025), Carver County's projected property tax rate is approximately $967 per $100,000 of assessed value, though this rate is subject to final approval and varies significantly based on your specific location within the county. Assessment values for 2025 are based on property sales data from October 2023 through September 2024. Property owners should note that actual tax rates can differ substantially between municipalities and school districts within Carver County, making location-specific calculations essential for accurate tax planning.

Section 2

What Makes Up Your Tax Bill

ComponentRate RangeDescription
County General FundVariesBasic county services, administration, public safety
School District Levy48.47% - 52.17%Local school funding, varies by district
Municipal LevyVaries by CityCity services, utilities, local infrastructure
Special AssessmentsVariableWatershed districts, library districts, other special services
Total Effective Rate~$9.67 per $1,000Combined rate for FY 2025 (subject to final approval)

Note: These rates apply to the 2025 levy year (taxes payable in 2025). Actual rates vary significantly by location within Carver County based on your specific school district, municipality, and special taxing districts. Contact the Carver County Assessor's Office for your property's exact tax rate breakdown.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Carver County, property taxes are due in two installments:

First Installment
May 15
Delinquent after Dec 10
Second Installment
Oct 15
Delinquent after Apr 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Carver County are additional property tax bills issued when there are changes to your property's assessed value during the tax year. Common triggers include new construction, major improvements, ownership changes, or corrections to the original assessment. When supplemental taxes are levied, they are calculated by applying the current tax rate to the difference between your property's new and original assessed values, prorated for the portion of the tax year remaining.

For example, if you complete a $100,000 home addition in July and your property's assessed value increases by $80,000, you would receive a supplemental tax bill for approximately 6 months (July through December) on that additional $80,000 in assessed value. This supplemental amount would be in addition to your regular property tax payments and typically has separate due dates from your standard tax installments.

Example Calculation

Property Value: $300,000

  • Assessed Value: $300,000
  • Less: Homestead Credit Application: -$8,000 (estimated)
  • Net Taxable Value: $292,000
  • Annual Tax: $2,825 (at $9.67/$1,000)
  • Monthly Escrow: $235

Property Value: $600,000

  • Assessed Value: $600,000
  • Less: Homestead Credit Application: -$12,000 (estimated)
  • Net Taxable Value: $588,000
  • Annual Tax: $5,686 (at $9.67/$1,000)
  • Monthly Escrow: $474

Property Value: $1,000,000

  • Assessed Value: $1,000,000
  • Less: Homestead Credit Application: -$15,000 (estimated)
  • Net Taxable Value: $985,000
  • Annual Tax: $9,523 (at $9.67/$1,000)
  • Monthly Escrow: $794

Note: Tax credits shown require separate applications and are not automatic. Actual rates vary by specific location within Carver County. These examples use estimated average rates for illustration purposes.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Carver County require borrowers to maintain an escrow account for property tax payments, especially for loans with less than 20% down payment. Your lender collects monthly escrow payments equal to 1/12 of your annual property tax bill, plus a small cushion for potential increases. These funds are held in a separate account and used to pay your property taxes when they become due on May 15 and October 15 each year.

Lenders typically receive tax bills directly from Carver County and make payments on your behalf before the due dates. You should receive an annual escrow statement showing all deposits, payments, and account balances. If your property taxes increase significantly due to reassessment or levy changes, your lender may require an escrow shortage payment or increase your monthly payment to cover the higher costs. Property owners can verify their tax information and payment status through the Carver County website or by contacting the County Treasurer's office directly.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Carver County for 2025? A: The first half of 2025 property taxes are due May 15, 2025, and the second half is due October 15, 2025. Tax statements are mailed by March 31, 2025.

Q: What tax credits are available and do they require applications? A: Homestead credits, senior citizen credits, and disabled veteran credits are available but require separate applications filed with the Carver County Assessor's office. These are NOT automatic and must be applied for annually or when first qualifying.

Q: How does the Homestead credit work? A: The Homestead credit caps your property's assessment value increases and provides tax reductions for owner-occupied properties. This requires filing an application with the county assessor - it does not automatically apply and must be renewed periodically.

Q: Can I pay my property taxes online? A: Yes, current year property taxes can be paid online through the Carver County website. Delinquent payments cannot be processed online and must be paid in person or by mail.

Q: What happens if I pay late? A: Late payments incur penalties and interest charges. Contact the Carver County Treasurer's office immediately if you cannot make the due date to discuss payment options.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Carver County Board of Appeal and Equalization, typically meeting in April. Contact the Assessor's office for specific deadlines and procedures.

Q: Why do tax rates vary within Carver County? A: Different school districts, municipalities, and special taxing districts (watersheds, libraries) create varying total tax rates depending on your property's exact location.

Q: When are properties reassessed? A: Carver County reassesses all properties annually, with values based on recent sales data. The 2025 assessment uses sales from October 2023 through September 2024.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
Professional Memowatertownmn.gov
02
County
Property Tax | Carver County, MNcarvercountymn.gov
03
County
Metro County Rate & Tax Comparisonco.dakota.mn.us
04
Tax Doc
First Half of 2025 Property Taxes Due May 15carvercountymn.gov
05
Tax Doc
Assessment and Taxes Payable Timelinecarvercountymn.gov
06
County
CARVER COUNTY ISSUES PROPERTY TAX DEADLINE ...carvercountymn.gov
07
eo_mn.csvirs.gov
08
State
2024 PROPERTY TAX STATEMENTgis.carvercountymn.gov
09
County
Property Information | Carver County, MNcarvercountymn.gov
10
OA-1428-7 Amended Order Approving Annexationmba.state.mn.us
All sources verified as of 2025 Tax Year

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