Tag Archives: property taxes

A map of hennepin county shaded in pastel greens and purples

Does This Map Identify Systemic Bias in Property Valuation?

• April 8, 2021

This editorial on disparities in property valuation in the New York Times is drawing attention and commentary, for good reason. The editorial finds nationwide, systemic valuation errors disproportionately affecting lower-value residential properties which shifts property-tax burdens towards those property-owners and away from higher-value residential property owners. Racial disparities in wealth and homeownership, and the persistent […]

Minnesota Property Taxes Explained, Part 2: How are Property Taxes Calculated?

• October 27, 2016

In Part I I covered the basics of what property taxes are.  This time I’ll dive into how exactly property taxes are calculated, starting with (for Minneapolis) the half billion dollar question. What is tax capacity? In its simplest form, the tax capacity of a property is its taxable market value (explained below) multiplied by its class […]

Minnesota Property Taxes Explained, Part 1: What are Property Taxes?

• October 25, 2016

It’s budget season in Minneapolis, and the rest of the state. This is a complex process, but the question on everybody’s minds is “how will my property taxes be impacted?” A simple question with a rather complicated answer. Hopefully I can shed a little light on it. In this first part of a planned three-part […]

Development and Taxes in Linden Hills

• January 12, 2015

Many neighborhoods want restricted development, low taxes, and ample city services. The problem is that they can have only two. In August 2014, many residents of Linden Hills, a rich neighborhood in southwest Minneapolis, voiced their opposition to a proposed four-story mixed-use building in the neighborhood’s commercial node at 43rd St and Upton Ave. The […]