New Map Shows Lower Referendum Market Values in Rural Minnesota

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Where is the Residential and Commercial Value per ADM?

MREA analyzed the data and today released a map on Referendum Market Value per ADM in Minnesota. The illustrative analysis provided some unexpected results.

Some key findings include:

  • The highest value of Referendum Market Value per ADM are in the Twin Cities, the Central Lakes and Arrowhead areas of the state.
  • Having seasonal recreation properties on State Levy lowers the school districts’ referendum tax base the Central Lakes and Arrowhead areas.
  • The lower RMV’s per ADM are exclusively in rural Minnesota.

Learn more by clicking  here to view the interactive map. Zoom and click on districts to view their respective details.

Referendum Market Value per ADM

Referendum Market Value per ADM