Chippewa Falls, Chippewa County, Wisconsin Property Taxes

Name: Property Tax Bills Across Chippewa Falls, Chippewa County, Wisconsin
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Chippewa Falls, WI effective property tax rate: 1.12%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Chippewa Falls, WI home value: $209,800
Median annual Chippewa Falls, WI tax bill: $2,513, $113 higher than the national median property tax bill of $2,400.

How are property taxes in Chippewa calculated?

Property taxes in Chippewa Falls, WI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Chippewa Falls’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chippewa Falls, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Chippewa Falls, Chippewa County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.12%

Estimate Property Tax Bill

$2,350

$2,181

Ownwell’s Chippewa Falls Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chippewa Falls with just two data points.

By entering your property's estimated assessed value, our calculator applies Chippewa Falls’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Chippewa County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Chippewa Falls, Chippewa County, Wisconsin

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Chippewa Falls’ effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S. Chippewa County, where Chippewa Falls is located, has a median property tax rate of 1.12%, which is slightly above the national median of 1.02%. This rate reflects the county's budgetary needs and the total assessed value of properties. Homeowners in Chippewa Falls might find their tax bills to be higher than the national median property tax bill of $2,400, depending on their property's assessed value. Understanding these rates can help homeowners make informed decisions about property investments and tax appeals.

Property Tax Rates Across Chippewa Falls, Chippewa County, Wisconsin

Source: Ownwell

0.84%

1.16%

1.48%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Chippewa Falls Tax Rate

1.12%

Median Effective Chippewa County Tax Rate

1.09%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chippewa Falls, Chippewa County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54729	0.88%	0.94%	1.12%	1.47%	1.53%

Source: Ownwell

Property Tax Assessment Values Across Chippewa Falls, Chippewa County, Wisconsin

When examining property taxes in Chippewa Falls, WI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Chippewa County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: Chippewa County sends assessment notices in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Chippewa Falls. For example, the median home price in Chippewa Falls is $209,800, with tax bills ranging significantly across the county. Zip code 54729 has the highest median home price at $209,800.

Property Tax Assessment Values Across Chippewa Falls, Chippewa County, Wisconsin

Source: Ownwell

$105,200

$194,125

$283,050

Median Chippewa Falls Market Value

$209,800

Median Chippewa County Market Value

$187,500

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chippewa Falls, Chippewa County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54729	$61,400	$145,800	$209,800	$300,900	$413,100

Source: Ownwell

Property Tax Bills Across Chippewa Falls, Chippewa County, Wisconsin

In Chippewa Falls, WI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Chippewa Falls, the median home price is $209,800. The property tax bill for the 25th percentile is $1,826, while the 75th percentile sees bills around $3,343, and the 90th percentile reaches $4,448. These figures highlight the variability in tax bills depending on the assessed value of the property. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Chippewa Falls homeowners experience a range of tax obligations. Ownwell can assist homeowners by providing expert property tax appeal and exemption services, potentially lowering their assessed value and, consequently, their tax bills. By leveraging local market insights and expertise, Ownwell can help homeowners ensure they are not overpaying on their property taxes.

Property Tax Bills Across Chippewa Falls, Chippewa County, Wisconsin

Source: Ownwell

$938

$1,869

$2,799

Median Chippewa Falls Tax Bill

$2,513

Median Chippewa County Tax Bill

$2,187

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Chippewa Falls, Chippewa County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54729	$737	$1,826	$2,513	$3,343	$4,448

Source: Ownwell