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.