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Minneapolis Mayor Frey Proposes 11.3% Property Tax Hike

Minneapolis Mayor Frey Proposes 11.3% Property Tax Hike

by Phil Hall | Aug 12, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Minneapolis Mayor Jacob Frey is proposing to hike his city’s residential property tax levy by 11.3%, the largest increase in six years. Axios reports Frey’s proposal is designed to address his city’s $30 million revenue shortfall coupled with financial demands to...
Minneapolis Mayor Frey Proposes 11.3% Property Tax Hike

Minneapolis Mayor Proposes 7.8% Property Tax Hike for 2026

by Phil Hall | Aug 13, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Minneapolis Mayor Jacob Frey is proposing to hike his city’s property tax levy by 7.8% next year, which would be the largest levy increase since 2010. According to combined media reports, under the mayor’s proposed budget the owner of a $333,000 Minneapolis home will...

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