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Updated 2025 Tax Year

Redwood County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
0.61% average countywide (varies by district and location)
1st Due
May 15
2nd Due
Oct 15
Exemptions
5+ Available
Section 1

How Property Tax Works

Redwood County, Minnesota operates on a property tax system that funds essential local services including schools, roads, public safety, and county operations. The county encompasses 15 cities, one Indian Tribe community, and 26 townships, with a median home value of $121,800. For the 2025 levy year, Redwood County has set an adjusted property tax levy of $18,240,041, representing a 6.1% increase from the previous year.

Property owners in Redwood County can expect varying tax rates depending on their specific location within the county. The overall effective tax rate averages around 0.61% countywide, though actual rates differ significantly based on special taxing districts such as school districts, municipal assessments, and local improvement districts. These variations mean that two similar properties in different areas of the county may have substantially different tax bills based on the services and districts that apply to their location.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County Base Levy0.61%Base Redwood County operations (FY 2025-2026)
School DistrictVariesLocal school district taxes (varies by district)
Municipal TaxesVariesCity/township specific levies
Special AssessmentsVariesDrainage districts, road improvements, etc.
Debt ServiceVariesBond payments for infrastructure projects

Note: The 0.61% county rate applies to the 2025 levy year with a total county levy of $18,240,041. Actual combined rates typically range from 0.8% to 1.4% depending on your specific taxing districts. School district rates and municipal levies vary significantly across the county's 15 cities and 26 townships.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Redwood 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 Redwood County are triggered by changes in property ownership, new construction, or improvements that increase assessed value during the tax year. When these events occur after the annual assessment date but before the tax year ends, a supplemental tax bill is issued to account for the change in taxable value.

The supplemental tax is calculated by determining the difference between the new assessed value and the previous assessed value, then applying the current tax rate to that difference. The amount is prorated based on how many months remain in the tax year. For example, if a $50,000 home addition is completed in July and increases the assessed value accordingly, the supplemental tax would apply to those additional dollars for the remaining months of that tax year at the applicable district tax rates.

Example Calculation

Example 1: $300,000 Property

  • Assessed Value: $300,000
  • Homestead Credit Applied: -$1,800 (requires application)
  • Net Taxable Value: $298,200
  • Tax Rate: 1.1% (average with districts)
  • Annual Tax: $3,280
  • Monthly Escrow: $273

Example 2: $600,000 Property

  • Assessed Value: $600,000
  • Homestead Credit Applied: -$2,400 (requires application)
  • Net Taxable Value: $597,600
  • Tax Rate: 1.1% (average with districts)
  • Annual Tax: $6,574
  • Monthly Escrow: $548

Example 3: $1,000,000 Property

  • Assessed Value: $1,000,000
  • Homestead Credit Applied: -$1,200 (reduced benefit, requires application)
  • Net Taxable Value: $998,800
  • Tax Rate: 1.1% (average with districts)
  • Annual Tax: $10,987
  • Monthly Escrow: $916

Note: Homestead credits require annual application and primarily limit assessment increases rather than reducing market value. Credits shown are estimates and actual amounts depend on specific circumstances and district rates.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Redwood County require property tax escrow accounts for borrowers with less than 20% down payment. Your lender collects 1/12 of your estimated annual property tax bill each month along with your mortgage payment. The lender maintains these funds in an escrow account and pays your property taxes directly to Redwood County when due.

Escrow payments are made according to Redwood County's payment schedule: first half due May 15th and second half due October 15th (with agricultural properties having a second half due date of November 17th). Lenders typically pay a few days before the due date to ensure timely receipt. Property owners should verify that their lender has the correct mailing address: Redwood County Government Center, 403 South Mill Street, P.O. Box 130, Redwood Falls, MN 56283. An annual escrow analysis will adjust your monthly payment if taxes increase or decrease significantly.

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 Redwood County property taxes due for 2025? A: First half taxes are due Thursday, May 15th, 2025. Second half taxes are due Wednesday, October 15th, 2025. Agricultural properties have a second half due date of Monday, November 17th, 2025.

Q: What tax credits are available and do I need to apply? A: Homestead credits, senior citizen credits, and disabled veteran credits are available but require annual application. These are NOT automatic and must be filed with the county assessor by specific deadlines to receive benefits.

Q: How does the homestead credit work? A: The homestead credit primarily caps annual assessment increases (typically to 10% or less) rather than reducing your home's market value. You must file a homestead application to receive this benefit - it's not automatic even if you live in the home.

Q: When are properties assessed and can I appeal? A: Properties are assessed annually as of January 2nd. Assessment notices are mailed in March, and you have until June 30th to appeal to the local board of review if you disagree with your assessed value.

Q: What are the penalties for late payment? A: Late payments incur penalties and interest charges. Contact the Auditor/Treasurer's office at the Redwood County Government Center for current penalty rates and payment options.

Q: Can I pay property taxes online? A: Yes, online payment options are available. All online payments must be completed by the due date, and mailed payments must be postmarked by the due date to avoid penalties.

Q: Why do property tax rates vary within Redwood County? A: Rates vary because different areas are served by different school districts, municipalities, and special taxing districts. Your total rate includes county, school, city/township, and any applicable special district taxes.

Q: How do I know which special districts apply to my property? A: Your property tax statement will show all applicable taxing districts. You can also contact the Auditor/Treasurer Jean Price at (507) 637-8325 or visit the Government Center at 403 South Mill Street, Redwood Falls, MN 56283 for specific district information.

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