Stanley, Wisconsin Property Taxes
The median property tax rate in Stanley, WI is 0.86%, which is notably lower than both the national median of 0.99% and the Wisconsin state median of 1.58%. With a median home value of $134,900 in Stanley, the typical annual property tax bill amounts to $1,152, falling below the national median of $2,690. Property taxes in Stanley are determined based on the assessed value, which is often lower than the market value due to various exemptions like primary residence and agricultural exemptions. Gaining a comprehensive understanding of Stanley's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you reside in Stanley or another part of Eau Claire County, familiarizing yourself with the local property tax system can benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stanley, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$1,160
$1,077
Ownwell’s Stanley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stanley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stanley 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Stanley, Wisconsin
Property taxes in Stanley, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stanley is 0.86%, slightly lower than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Stanley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stanley 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 Stanley's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54768 has the highest median property tax rate of 0.86%, while the same zip code also has the lowest median tax rate of 0.86%. Understanding how these cities compare with Stanley provides valuable insights into the varying tax landscape across Eau Claire County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stanley Tax Rate
0.86%
Average Eau Claire County Tax Rate
1.20%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stanley, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54768 | 0.75% | 0.81% | 0.86% | 0.92% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Stanley, Wisconsin
In Stanley, 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 Eau Claire 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 Stanley, 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 Stanley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 54768 has the highest median tax bill at $1,152.
Average Stanley Assessed Value
$134,900
Average Eau Claire County Assessed Value
$211,200
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stanley, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54768 | $40,220 | $96,900 | $134,900 | $172,700 | $217,600 |
Source: Ownwell
Property Tax Bills Across Stanley, Wisconsin
In Stanley, located in Eau Claire 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 local assessor and is meant to reflect the market value of the property. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual property tax bill. Several factors influence the assessed value, including the property's size, location, and condition. Additionally, local government budgets and school funding needs can impact the tax rate. Homeowners in Stanley can expect a range of property tax bills, with the 25th percentile at $815 and the 75th percentile at $1507. The 90th percentile tax bill goes up to $1905, indicating a broad variation based on property values and assessments. Compared to the national median property tax rate of 0.99%, Stanley's property tax scenario offers a diverse range of tax bills, impacting homeowners differently depending on their property's assessed value and specific circumstances.
Average Stanley Tax Bill
$1,152
Average Eau Claire County Tax Bill
$3,004
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Stanley, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54768 | $352 | $815 | $1,152 | $1,507 | $1,905 |
Source: Ownwell