Comparing Local Taxes

The city share of local property tax table is a snapshot of local property tax rates of cities with a similar demographic and geographic characteristics as Fairmont. By comparing the amount of city taxes that a homeowner would pay on a home with the same value in each city, you can see that Fairmont is second to the lowest of the 14 cities. This illustration proves that our city’s overall tax rate is very competitive.


Community Tax Rate

Taxes on home value of $150,000

Alexandria 42.426 $636.39
Fairmont 44.792 $671.88
Marshall 50.849 $762.74
Worthington 52.954 $794.31
North Mankato 53.62 $804.30
Owatonna 58.774 $881.61
Luverne 61.747 $926.21
Albert Lea 63.216 $948.24
Jackson 70.341 $1,055.12
Hutchinson 74.416 $1,116.24
New Ulm 78.683 $1,180.25
Waseca 79.249 $1,188.74
Blue Earth 87.026 $1,305.39
Winnebago 92.469 $1,387.04