Rusk County Property Taxes
The median property tax rate in Rusk County is 1.18%, which is higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $102,350 in Rusk County, the typical annual property tax bill is approximately $1,304, significantly below the national median of $2,690. Property taxes in Rusk County are determined based on the assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding the specifics of Rusk County's property tax system, exploring the available exemptions, and identifying opportunities for tax reductions can lead to substantial annual savings. Whether you reside in a city like Ladysmith or another area within Rusk County, having a thorough understanding of local property taxes can be highly beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Rusk County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$3,160
Ownwell’s Rusk County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Rusk County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Rusk County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Rusk County, Wisconsin
Property taxes in Rusk County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Rusk County is 1.18%, which is higher than the U.S. national median of 0.99%. Local government entities within Rusk County set these rates annually, and they can vary significantly between different areas within the county. Each year, Rusk County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Rusk County's effective property tax rate with other areas in Wisconsin and the national median. For comparison, the city of Ladysmith has one of the higher property tax rates in Wisconsin at 1.44%, while the city of Ingram boasts one of the lowest at 0.61%. Analyzing how Rusk County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Rusk County Tax Rate
1.18%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rusk County, Wisconsin
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Birchwood | 0.85% | 0.93% | 1.00% | 1.04% | 1.08% |
Bruce | 0.86% | 0.97% | 1.06% | 1.14% | 1.25% |
Chetek | 1.14% | 1.22% | 1.29% | 1.32% | 1.33% |
Conrath | 0.71% | 0.95% | 1.15% | 1.27% | 1.32% |
Exeland | 0.94% | 1.05% | 1.18% | 1.35% | 1.60% |
Glen Flora | 0.58% | 0.73% | 0.92% | 1.02% | 1.09% |
Hawkins | 0.73% | 0.90% | 1.06% | 1.15% | 1.27% |
Holcombe | 1.08% | 1.14% | 1.21% | 1.31% | 1.33% |
Ingram | 0.59% | 0.60% | 0.61% | 0.65% | 0.67% |
Ladysmith | 0.94% | 1.11% | 1.44% | 1.97% | 2.14% |
New Auburn | 1.12% | 1.20% | 1.30% | 1.33% | 1.37% |
Rice Lake | 1.00% | 1.22% | 1.29% | 1.33% | 1.38% |
Sheldon | 0.89% | 0.97% | 1.08% | 1.17% | 1.30% |
Tony | 0.90% | 0.99% | 1.06% | 1.09% | 1.28% |
Weyerhaeuser | 0.97% | 1.15% | 1.30% | 1.33% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Rusk County, Wisconsin
In Rusk County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Rusk County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Rusk County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Rusk County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Rusk County, the city with the highest median tax bill is New Auburn at $3,949, while Glen Flora has the lowest at $561. By understanding these figures, property owners can gain insights into the property tax landscape within the county.
Average Rusk County Assessed Value
$102,350
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rusk County, Wisconsin
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Birchwood | $44,380 | $61,600 | $128,900 | $191,100 | $234,920 |
Bruce | $36,880 | $65,700 | $107,000 | $162,650 | $222,340 |
Chetek | $63,120 | $115,450 | $179,400 | $254,450 | $365,320 |
Conrath | $29,800 | $58,100 | $109,800 | $174,600 | $236,500 |
Exeland | $25,940 | $67,250 | $87,700 | $122,375 | $204,620 |
Glen Flora | $12,340 | $33,000 | $59,700 | $105,800 | $151,940 |
Hawkins | $18,060 | $35,050 | $60,800 | $87,400 | $133,640 |
Holcombe | $44,690 | $103,675 | $168,800 | $261,875 | $395,330 |
Ingram | $2,220 | $3,450 | $5,500 | $17,400 | $24,540 |
Ladysmith | $30,030 | $53,300 | $87,750 | $143,225 | $196,770 |
New Auburn | $97,500 | $187,400 | $310,200 | $405,850 | $544,530 |
Rice Lake | $47,990 | $73,375 | $154,400 | $236,775 | $279,420 |
Sheldon | $38,790 | $55,825 | $83,250 | $118,175 | $159,590 |
Tony | $45,460 | $81,900 | $145,700 | $228,000 | $307,400 |
Weyerhaeuser | $33,710 | $63,975 | $130,250 | $243,300 | $365,830 |
Source: Ownwell
Property Tax Bills Across Rusk County, Wisconsin
In Rusk County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. This value is then multiplied by the local tax rate to determine the annual tax bill. Several factors can influence the assessed value, including property size, location, and market conditions. For homeowners in Rusk County, the median home price is $102,350, with tax bills varying significantly. The 25th percentile tax bill stands at $703, while the 75th percentile reaches $2,220. At the 90th percentile, homeowners might face a tax bill as high as $3,499. The highest median tax bill in the county is in New Auburn at $3,949, whereas Glen Flora has the lowest median tax bill at $561. These variations highlight how local factors and property values can significantly impact the financial obligations of homeowners in the county.
Average Rusk County Tax Bill
$1,304
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Rusk County, Wisconsin
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Birchwood | $362 | $648 | $1,291 | $1,955 | $2,452 |
Bruce | $349 | $687 | $1,157 | $1,778 | $2,420 |
Chetek | $780 | $1,464 | $2,336 | $3,250 | $4,869 |
Conrath | $217 | $554 | $1,284 | $2,058 | $3,032 |
Exeland | $321 | $724 | $1,087 | $1,547 | $2,389 |
Glen Flora | $70 | $249 | $561 | $1,038 | $1,505 |
Hawkins | $132 | $340 | $632 | $975 | $1,468 |
Holcombe | $515 | $1,193 | $2,075 | $3,283 | $4,976 |
Ingram | $13 | $21 | $34 | $117 | $166 |
Ladysmith | $394 | $799 | $1,335 | $2,112 | $3,004 |
New Auburn | $1,221 | $2,292 | $3,949 | $5,366 | $7,189 |
Rice Lake | $552 | $795 | $2,008 | $3,081 | $3,426 |
Sheldon | $378 | $608 | $891 | $1,269 | $1,707 |
Tony | $448 | $869 | $1,510 | $2,419 | $3,349 |
Weyerhaeuser | $363 | $865 | $1,731 | $3,224 | $4,836 |
Source: Ownwell