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July 2020
ArdenHills
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Arden Hills Notes Newsletter
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July 2020
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<br /> <br />2019 City Property Taxes per Household per Month <br />In a 2019 comparison of nine communities in Ramsey County, the average cost of services on a $346,900 home- <br />stead in terms of property taxes showed Arden Hills ranking as one of the lowest. <br />A $346,900 homestead in Arden Hills paid $72.60 per month in property taxes to the City. <br />City of Arden Hills Popular Annual Finance Report Page 5 <br />The median home value has increased from $295,100 in 2015 to $346,900 in 2019, a 17.6% increase. During that <br />same period, the city tax on a median value home has increased from $776 to $871, a 12.2% increase. The reason <br />for this difference is that the city tax rate has decreased from 27.294% in 2015 to 25.555% in 2019, a 6.4% de- <br />crease. <br /> <br /> <br />3,252 Households <br />City of Arden Hills Popular Annual Finance Report Page 6 <br />9,988 Population <br />BUILDING <br />PERMITS <br />1,295 <br /> Permits Issued <br />$9.7M <br /> Residential Valuations <br />$81.1M <br /> Commercial Valuations <br />Median Home Value—$346,900 <br />$1,572—median gross rent <br />Median Age—36.4 <br />Persons per Household—2.53 <br />Arden Hills
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