Chippewa County Property Taxes
The median property tax rate in Chippewa County is 1.09%, 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 $187,500 in Chippewa County, the typical annual property tax bill is about $2,187, which is below the national median of $2,690. Property taxes in Chippewa County are calculated 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 Chippewa County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Chippewa Falls or another part of Chippewa County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Chippewa County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$2,044
Ownwell’s Chippewa County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Chippewa County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Chippewa 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 Chippewa County, Wisconsin
Property taxes in Chippewa County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Chippewa County is 1.09%, which is higher than the U.S. national median of 0.99%. Local government entities within Chippewa County set these rates annually, and they can vary significantly between different areas within the county. Each year, Chippewa 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 Chippewa County's effective property tax rate with other counties in Wisconsin and the national median. For comparison, the city of Eau Claire has one of the higher property tax rates in Wisconsin at 1.48%, while the city of Jim Falls boasts one of the lowest at 0.84%. Analyzing how Chippewa County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Chippewa County Tax Rate
1.09%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chippewa County, Wisconsin
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bloomer | 0.90% | 0.98% | 1.08% | 1.13% | 1.20% |
Boyd | 0.70% | 0.79% | 1.25% | 1.34% | 1.41% |
Cadott | 0.87% | 1.04% | 1.17% | 1.46% | 1.58% |
Chippewa Falls | 0.88% | 0.94% | 1.12% | 1.47% | 1.53% |
Colfax | 0.86% | 0.90% | 0.92% | 0.95% | 0.97% |
Cornell | 0.86% | 0.98% | 1.19% | 1.28% | 1.35% |
Eau Claire | 0.99% | 1.18% | 1.48% | 1.53% | 1.59% |
Elk Mound | 0.91% | 0.94% | 0.97% | 0.99% | 1.01% |
Gilman | 0.73% | 0.78% | 0.87% | 0.98% | 1.04% |
Holcombe | 0.84% | 0.92% | 0.98% | 1.03% | 1.04% |
Jim Falls | 0.72% | 0.77% | 0.84% | 0.89% | 0.93% |
Lake Hallie | 1.21% | 1.21% | 1.21% | 1.21% | 1.21% |
New Auburn | 0.91% | 1.00% | 1.06% | 1.09% | 1.40% |
Sheldon | 0.64% | 0.75% | 0.84% | 0.90% | 0.93% |
Stanley | 0.75% | 0.84% | 1.09% | 1.17% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Chippewa County, Wisconsin
In Chippewa 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 Chippewa 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 Chippewa 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. For instance, Eau Claire has the highest median tax bill at $2,799, while Lake Hallie has the lowest at $376. Being aware of these valuation processes in Chippewa 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 Chippewa County, Wisconsin
Source: Ownwell
$31,200
$157,125
$283,050
Average Chippewa County Assessed Value
$187,500
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chippewa County, Wisconsin
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bloomer | $36,400 | $129,300 | $172,400 | $235,500 | $315,300 |
Boyd | $13,100 | $70,900 | $114,000 | $152,500 | $212,220 |
Cadott | $23,980 | $100,450 | $165,600 | $232,750 | $288,800 |
Chippewa Falls | $61,400 | $145,800 | $209,800 | $300,900 | $413,100 |
Colfax | $96,750 | $153,725 | $215,650 | $303,025 | $384,300 |
Cornell | $25,050 | $72,575 | $115,750 | $164,825 | $223,670 |
Eau Claire | $19,510 | $136,675 | $192,700 | $257,875 | $401,470 |
Elk Mound | $53,600 | $213,275 | $283,050 | $362,250 | $443,880 |
Gilman | $47,300 | $87,300 | $107,500 | $144,500 | $213,600 |
Holcombe | $14,800 | $42,200 | $182,200 | $344,800 | $474,640 |
Jim Falls | $24,140 | $126,600 | $184,400 | $269,700 | $389,640 |
Lake Hallie | $31,200 | $31,200 | $31,200 | $31,200 | $31,200 |
New Auburn | $27,360 | $91,900 | $170,100 | $337,250 | $557,460 |
Sheldon | $5,510 | $67,400 | $105,200 | $156,325 | $205,360 |
Stanley | $21,900 | $75,200 | $119,100 | $170,400 | $239,160 |
Source: Ownwell
Property Tax Bills Across Chippewa County, Wisconsin
In Chippewa County, WI, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the home. For a median-priced home at $187,500, homeowners can expect varying tax bills. For instance, tax bills at the 25th percentile are around $1,357, while those at the 75th percentile reach approximately $3,099. At the 90th percentile, tax bills can soar to $4,193. Several factors influence the final tax bill, including property location, local tax rates, and any applicable exemptions. Homeowners in Chippewa County experience a range of tax obligations. For example, Eau Claire has the highest median tax bill at $2,799, whereas Lake Hallie has the lowest at $376. These variations can significantly impact homeowners' finances, making it crucial for them to understand their assessed property value and the local tax rate to anticipate their annual property tax obligations accurately.
Average Chippewa County Tax Bill
$2,187
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Chippewa County, Wisconsin
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bloomer | $386 | $1,334 | $1,840 | $2,475 | $3,318 |
Boyd | $133 | $761 | $1,243 | $1,719 | $2,352 |
Cadott | $292 | $1,133 | $1,968 | $2,836 | $3,647 |
Chippewa Falls | $737 | $1,826 | $2,513 | $3,343 | $4,448 |
Colfax | $845 | $1,365 | $1,964 | $2,842 | $3,678 |
Cornell | $243 | $786 | $1,324 | $1,906 | $2,583 |
Eau Claire | $266 | $1,778 | $2,799 | $3,567 | $5,030 |
Elk Mound | $556 | $1,963 | $2,705 | $3,550 | $4,395 |
Gilman | $475 | $663 | $938 | $1,243 | $1,981 |
Holcombe | $139 | $362 | $1,729 | $3,433 | $4,656 |
Jim Falls | $188 | $967 | $1,537 | $2,264 | $3,412 |
Lake Hallie | $376 | $376 | $376 | $376 | $376 |
New Auburn | $291 | $964 | $1,905 | $3,548 | $5,830 |
Sheldon | $445 | $775 | $1,004 | $1,546 | $1,964 |
Stanley | $195 | $790 | $1,209 | $1,714 | $2,450 |
Source: Ownwell