With a median commercial property tax rate of 1.1% in fiscal year 2025, Hampton ranked second lowest among cities in Dakota County, data from BlockShopper.com shows.
The median for the county reached 1.8% in fiscal year 2025, positioning Hampton 0.7 percentage points below the county average.
The range among Dakota County’s 13 cities extended from a 1% rate in South St. Paul to 3.2% in Rosemount.
Commercial property tax rates nationwide averaged 1.76% across 53 of the nation’s largest cities in 2024, according to the Lincoln Institute of Land Policy. The analysis projects that a commercial property valued at $1 million with $200,000 in fixtures would have a tax bill near $21,060 annually. Rates displayed significant variation, with some below 1% and others climbing up to 4%.
Many states’ classification systems can lead to commercial, industrial, and apartment properties incurring higher effective property tax rates than residential ones. Some locations impose rates on businesses several times above residential levels; for instance, in Charleston, the commercial property tax rate can be about six times larger.
| Rank | City | Tax Rate % |
|---|---|---|
| 1 | Rosemount | 3.2% |
| 2 | West St. Paul | 2.3% |
| 3 | Lilydale | 2.2% |
| 4 | Lakeville | 2.1% |
| 5 | Burnsville | 2% |
| 6 | Apple Valley | 1.9% |
| 7 | Eagan | 1.7% |
| 7 | Farmington | 1.7% |
| 9 | Inver Grove Heights | 1.5% |
| 10 | Hastings | 1.4% |
| 11 | Mendota Heights | 1.2% |
| 12 | Hampton | 1.1% |
| 13 | South St. Paul | 1% |
| Rank | Address | Tax Rate % |
|---|---|---|
| 1 | 23450 Emery Ave. | 1.8% |
| 2 | 5465 250th St. E. | 0.5% |
Note: Due to restricted availability of county assessor data, some property addresses may be incomplete or not listed.
This article uses information from BlockShopper.com. The source dataset is accessible here.