Residential (Homestead): With Valuation Change Impact
<br />Tax Capacity Rate
<br />Value 45.907 46.084 Dollar Percent
<br />2018 2019 Change 2018 2019 2019 2020 change change
<br />$178,900 $192,900 7.8%$1,578 $1,730 $724 $797 $73 10.1%
<br />$215,800 $223,600 3.6%$1,980 $2,065 $909 $952 $43 4.7%
<br />$297,400 $305,900 2.9%$2,869 $2,962 $1,317 $1,365 $48 3.6%
<br />$338,800 $350,100 3.3%$3,321 $3,444 $1,524 $1,587 $63 4.1%
<br />$253,600 $270,100 6.5%$2,392 $2,572 $1,098 $1,185 $87 7.9%
<br />$392,400 $407,800 3.9%$3,905 $4,073 $1,793 $1,877 $84 4.7%
<br />$229,900 $241,200 4.9%$2,134 $2,257 $979 $1,040 $61 6.2%
<br />$200,000 $200,000 0.0%$1,808 $1,808 $830 $833 $3 0.4%
<br /> ** Median Value Home
<br />Commercial/Industrial:
<br />Tax Capacity Rate
<br />Value 45.907 46.084 Dollar Percent
<br />2018 2019 Change 2018 2019 2019 2020 change change
<br />$4,513,000 $4,505,300 -0.2%$89,510 $89,356 $41,091 $41,179 $88 0.2%
<br />$3,968,500 $3,904,800 -1.6%$78,620 $77,346 $36,092 $35,644 ($448)-1.2%
<br />$1,597,100 $1,617,000 1.2%$31,192 $31,590 $14,319 $14,558 $239 1.7%
<br />$2,499,800 $2,575,300 3.0%$49,246 $50,756 $22,607 $23,390 $783 3.5%
<br />$2,000,000 $2,000,000 0.0%$39,250 $39,250 $18,018 $18,088 $70 0.4%
<br />Tax Capacity Value
<br />Estimated City Tax
<br />CITY OF ELK RIVER
<br />ESTIMATED TAX IMPACT
<br />Estimated Property
<br />Value
<br />Property Value
<br />Estimated City Tax
<br />Estimated
<br />Tax Capacity Value
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