Good Thunder, Minnesota property tax

Median property tax, home value and effective rate (Census 2020โ€“2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
1.76%

Homeowners in Good Thunder, Minnesota paid a median $3,149 a year in property tax on a median home worth $178,700, an effective rate of about 1.76% (Census 2020โ€“2024).

Census ACS 2020โ€“2024 5-year medians

#608 lowest of 617Minnesota places we cover

0.98%Blue Earth County overall
Median tax paid
$3,149
per year, 2020โ€“24
Median home value
$178,700
owner-occupied
Effective rate
1.76%
tax รท value
Tax vs. income
3.9%
of $81,667 median household income
Owner costs
$1,500/mo
median with a mortgage, incl. tax & insurance

Good Thunder vs county, state and US

Effective rate

Good Thunder1.76%
Blue Earth County0.98%
Minnesota1.02%
United States0.94%

Median tax paid per year

Good Thunder$3,149
Blue Earth County$2,601
Minnesota$3,357
United States$3,119

Tax on a home in Good Thunder

At the local 1.76% effective rate

Home valueEstimated yearly taxPer month
$150,000$2,643$220
$250,000$4,405$367
$350,000$6,168$514
$500,000$8,811$734

Buying a home in Blue Earth County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020โ€“2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ€“2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax รท median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in Good Thunder, Minnesota?

Homeowners in Good Thunder, Minnesota paid a median $3,149 a year in property tax on a median home worth $178,700, an effective rate of about 1.76% (Census 2020โ€“2024).

How much is property tax on a $250,000 home in Good Thunder?

About $4,405 a year at the 1.76% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Good Thunder higher than the rest of Minnesota?

Good Thunder ranks #608 lowest of 617 Minnesota places we track. The statewide effective rate is 1.02%. Blue Earth County overall is 0.98%.