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Year-to-year Changes in Market Value and Net Tax by Property Type

The following graphs show historical changes in percentage shares of market value and net tax for each type of property.

Year-to-year share of residential homestead property Year-to-year share of residential nonhomestead property Year-to-year share of apartment property Year-to-year share of commercial-industrial property Year-to-year share of public utility property Year-to-year share of agricultural property Year-to-year share of seasonal recreational property

Definitions

"Estimated market value" is the assessor's estimate of the market value of all taxable property in a jurisdiction. It is derived by adding the taxable market value amounts found in "Property Taxes Payable in Minnesota" to the market value amounts subject to limitation found in the "Limited Market Value" report.