Commercial Tax Base Development : October Update

In 2022 we saw a proposed 9% property tax increase – at the same time we were experiencing almost 9% inflation. The average income in Duluth is $34,000 and an average household income is $58,000. That is simply not affordable for most Duluth homeowners. The solution? Growing our commercial tax base. In Minnesota commercial property pays roughly ⅔ of the bill. So when it’s not growing, the rest of us pay more.