Real Estate
Minneapolis Residents Shocked As Some Saw Property Tax Estimates Rise 20% Or Higher
This is especially true for many homeowners in north Minneapolis, some who saw proposed increases of as much as 40%.
November 19, 2021
Many Hennepin County residents are in shock after receiving proposed levies and taxes for 2022. Some saw their property tax estimates rise by more than 20%.
Find out what's happening in Across Minnesotafor free with the latest updates from Patch.
This is especially true for many homeowners in north Minneapolis, some who saw proposed increases of as much as 40%.
“The reason it’s up is because your home value is up; 13% over a year ago is huge,” said realtor Nate Pentz. He added that the numbers residents are seeing on this first property tax statement are not set in stone.
Find out what's happening in Across Minnesotafor free with the latest updates from Patch.
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