Twin Cities media outlets reported today the results of the annual study on metro city property tax rates prepared by the Citizen’s League. Accordining to the analysis done by the Citizen’s League, of the 108 cities in the metro area, Eden Prairie’s property taxes on the mythical $160,000 home were $1,864 for 2003. That ranked us 40th. Edina ranked 42nd. Minnetonka ranked 47th. Chanhassen ranked 6th. Property taxes for the same $160,000 house in Chanhassen were $2,257.
These property tax totals include the taxes of the dominent school district in the particular city, as well as the respective county.
If one looks at the property taxes on the average value house in each community, Eden Prairie jumps up a bit on the list. The average market value of a home in Eden Prairie in 2003 was $252,238. The property taxes on that average home in 2003 in Eden Prairie were $3,153. That ranked us 12th among metro cities. Using this criteria, Edina ranked 10th, Minnetonka ranked 20th, and Chanhassen ranked 9th. The property tax burden for the average home in Chanhassen (market value = $244,797) was $3,651.
The Number 1 ranked city in the Twin Cities metro area based on total 2003 property tax burden on the mythical $160,000 home…………………..Brooklyn Center, followed in the #2 position by Brooklyn Park.
Here’s what the Star-Tribune had to say.
Here’s what the Pioneer Press had to say.
Here’s the link to the Citizen’s League weblog/website.
