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07 July 2025 Arden Hills Notes
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07 July 2025 Arden Hills Notes
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8 • Arden Hills Notes • July 2025 <br />City of Arden Hills Popular Annual Financial Report <br /> <br />2024 City Property Taxes per Household per Month <br />In a 2024 comparison of twelve communities in Ramsey County, the average cost of services on a $469,000 <br />homestead, in terms of property taxes, showed Arden Hills ranking as the lowest. <br />A $469,000 homestead in Arden Hills paid $95.67 per month in property taxes to the City. <br />City of Arden Hills Popular Annual Financial Report Page 7 <br />The median home value has increased from $372,400 in 2020 to $469,000 in 2024, a 25.9% increase. During that <br />same period, the city tax on a median value home has increased from $937 to $1,148, a 22.5% increase. The city ’s <br />tax capacity, which is the maximum amount of taxes that can be charged to the city, increased by $5,289,810 <br />(35.4%) in 2024 compared to 2020, which contributed to the 0.9% decrease in the city tax rate from 25.41% in <br />2020 to 24.49% in 2024.
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