Sturgeon Bay, Wisconsin Property Taxes
The median property tax rate in Sturgeon Bay, WI is 1.37%, which is higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Sturgeon Bay at $214,800, the typical annual property tax bill reaches $3,075, surpassing the national median of $2,690. Property taxes in Sturgeon Bay are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sturgeon Bay's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Sturgeon Bay or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sturgeon Bay, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$2,943
$2,731
Ownwell’s Sturgeon Bay Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sturgeon Bay with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sturgeon Bay to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Door County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Sturgeon Bay, Wisconsin
Property taxes in Sturgeon Bay, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sturgeon Bay is 1.37%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Sturgeon Bay set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sturgeon Bay estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Sturgeon Bay's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the zip code 54235 has the highest median property tax rate of 1.37%, while the same zip code also has the lowest median tax rate of 1.37%. Understanding how these areas compare with Sturgeon Bay provides valuable insights into the varying tax landscape across Door County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sturgeon Bay Tax Rate
1.37%
Average Door County Tax Rate
1.06%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sturgeon Bay, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54235 | 0.20% | 1.06% | 1.37% | 2.01% | 2.01% |
Source: Ownwell
Property Tax Assessment Values Across Sturgeon Bay, Wisconsin
In Sturgeon Bay, Wisconsin, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Door County Appraisal District for tax purposes. In contrast, the assessed value 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. In Sturgeon Bay, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Sturgeon Bay helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area both occur in the 54235 zip code, with a median tax bill of $3,075.
Property Tax Assessment Values Across Sturgeon Bay, Wisconsin
Source: Ownwell
$154,750
$240,175
$325,600
Average Sturgeon Bay Assessed Value
$214,800
Average Door County Assessed Value
$231,500
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sturgeon Bay, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54235 | $69,040 | $141,600 | $214,800 | $328,600 | $507,080 |
Source: Ownwell
Property Tax Bills Across Sturgeon Bay, Wisconsin
In Sturgeon Bay, WI, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the local assessor's office, which evaluates the property's market value. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, in Door County, where Sturgeon Bay is located, the tax bill can vary significantly. Homeowners in the 25th percentile pay around $1,471 annually, while those in the 75th percentile can see bills as high as $4,655. The 90th percentile tax bill can reach up to $7,014. The highest median tax bill in the area is $3,075, which is notably higher than the national median property tax rate of 0.99%. These property taxes fund various local services such as schools, public safety, and infrastructure, directly impacting homeowners by contributing to the community's overall quality of life. Understanding these factors helps homeowners anticipate their financial responsibilities and the benefits they receive in return.
Average Sturgeon Bay Tax Bill
$3,075
Average Door County Tax Bill
$2,726
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Sturgeon Bay, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54235 | $363 | $1,471 | $3,075 | $4,655 | $7,014 |
Source: Ownwell