Bayfield County Property Taxes
The median property tax rate in Bayfield County is 1.14%, which is higher than the national median of 0.99% but lower than Wisconsin's state median of 1.58%. With a median home value of $167,000 in Bayfield County, the typical annual property tax bill is around $1,916, which is below the national median of $2,690. Property taxes in Bayfield County are determined based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding the specific property tax system in Bayfield County, exploring available exemptions, and identifying opportunities for property tax reductions can lead to significant annual savings. Whether you reside in a city or another part of Bayfield County, having a comprehensive knowledge of local property taxes is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Bayfield County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$1,904
$1,767
Ownwell’s Bayfield Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Bayfield with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Bayfield 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's 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 Bayfield County, Wisconsin
Property taxes in Bayfield County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Bayfield County is 1.14%, which is higher than the U.S. national median of 0.99%. Local government entities within Bayfield County set these rates annually, and they can vary significantly between different areas within the county. Each year, Bayfield 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 Bayfield County's effective property tax rate with other counties in Wisconsin and the national median. For comparison, the city of Washburn has one of the higher property tax rates in Wisconsin at 1.80%, while the city of Grand View boasts one of the lowest at 0.76%. Analyzing how Bayfield County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Bayfield County Tax Rate
1.14%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bayfield County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | 0.69% | 1.21% | 1.30% | 1.32% | 1.44% |
| Barnes | 0.83% | 0.83% | 0.83% | 0.83% | 0.83% |
| Bayfield | 1.58% | 1.62% | 1.62% | 1.85% | 1.86% |
| Benoit | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% |
| Brule | 0.78% | 1.14% | 1.35% | 1.49% | 1.49% |
| Cable | 0.76% | 0.78% | 0.87% | 0.94% | 0.94% |
| Cornucopia | 1.44% | 1.44% | 1.44% | 1.44% | 1.44% |
| Drummond | 0.87% | 0.87% | 0.87% | 0.87% | 0.87% |
| Gordon | 0.83% | 0.83% | 0.83% | 0.83% | 0.83% |
| Grand View | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
| Herbster | 1.38% | 1.38% | 1.38% | 1.38% | 1.44% |
| Iron River | 0.76% | 1.14% | 1.37% | 1.37% | 1.49% |
| Mason | 0.70% | 0.76% | 1.04% | 1.30% | 1.44% |
| Port Wing | 1.31% | 1.35% | 1.40% | 1.40% | 1.40% |
| Solon Springs | 0.83% | 0.83% | 0.83% | 0.83% | 0.83% |
| Washburn | 0.97% | 1.12% | 1.80% | 1.80% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Bayfield County, Wisconsin
In Bayfield 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 Bayfield 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 Bayfield 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. Notably, Bayfield has the highest median tax bill in the county at $3,279, while Grand View has the lowest at $752. Being aware of these valuation processes in Bayfield County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Bayfield County, Wisconsin
Source: Ownwell
$79,500
$183,300
$287,100
Average Bayfield County Assessed Value
$167,000
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bayfield County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | $57,820 | $110,125 | $183,150 | $272,650 | $413,420 |
| Barnes | $27,350 | $77,325 | $109,500 | $225,650 | $436,100 |
| Bayfield | $61,580 | $122,800 | $196,550 | $284,950 | $383,580 |
| Benoit | $79,500 | $79,500 | $79,500 | $79,500 | $79,500 |
| Brule | $41,720 | $69,200 | $134,800 | $191,200 | $263,900 |
| Cable | $61,580 | $131,825 | $236,100 | $408,450 | $649,850 |
| Cornucopia | $51,540 | $87,775 | $145,950 | $262,875 | $360,930 |
| Drummond | $47,200 | $80,300 | $146,950 | $274,275 | $531,100 |
| Gordon | $107,680 | $194,500 | $287,100 | $405,700 | $585,270 |
| Grand View | $36,040 | $62,025 | $101,750 | $147,075 | $225,760 |
| Herbster | $43,480 | $72,375 | $131,200 | $241,975 | $388,950 |
| Iron River | $53,200 | $96,550 | $170,600 | $269,800 | $389,420 |
| Mason | $38,240 | $72,550 | $126,200 | $201,450 | $289,820 |
| Port Wing | $34,340 | $62,225 | $112,450 | $179,075 | $315,160 |
| Solon Springs | $36,920 | $89,650 | $180,600 | $321,350 | $507,380 |
| Washburn | $62,360 | $96,850 | $155,900 | $236,500 | $340,740 |
Source: Ownwell
Property Tax Bills Across Bayfield County, Wisconsin
In Bayfield County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Bayfield County is $167,000. Homeowners' tax bills can vary significantly, with the 25th percentile tax bill at $1,032 and the 75th percentile at $3,121. The highest median tax bill in the county is $3,279 in Bayfield city, while the lowest is $752 in Grand View. Several factors influence the tax bill, including the property's assessed value, local levy rates, and applicable exemptions. The assessed value is determined by the county assessor and is intended to reflect the market value of the property. Local governments set the tax rate based on budgetary needs for public services such as schools, infrastructure, and emergency services. These property taxes significantly impact homeowners, as higher tax bills can increase the overall cost of homeownership, affecting affordability and financial planning. Understanding how these taxes are calculated helps homeowners anticipate and manage their expenses effectively.
Average Bayfield County Tax Bill
$1,916
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Bayfield County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | $717 | $1,316 | $2,223 | $3,170 | $4,316 |
| Barnes | $226 | $640 | $899 | $1,935 | $3,605 |
| Bayfield | $989 | $2,088 | $3,279 | $4,706 | $6,175 |
| Benoit | $1,123 | $1,123 | $1,123 | $1,123 | $1,123 |
| Brule | $538 | $883 | $1,626 | $2,419 | $2,961 |
| Cable | $523 | $1,140 | $2,038 | $3,347 | $5,187 |
| Cornucopia | $706 | $1,259 | $2,070 | $3,717 | $5,188 |
| Drummond | $391 | $682 | $1,264 | $2,310 | $4,630 |
| Gordon | $890 | $1,565 | $2,374 | $3,354 | $4,839 |
| Grand View | $269 | $472 | $752 | $1,103 | $1,629 |
| Herbster | $564 | $965 | $1,743 | $3,308 | $5,324 |
| Iron River | $662 | $1,189 | $2,034 | $3,101 | $4,770 |
| Mason | $401 | $708 | $1,270 | $2,105 | $2,939 |
| Port Wing | $463 | $841 | $1,505 | $2,238 | $4,086 |
| Solon Springs | $303 | $740 | $1,487 | $2,652 | $4,194 |
| Washburn | $851 | $1,471 | $2,206 | $3,068 | $4,411 |
Source: Ownwell