Forest County Property Taxes
The median property tax rate in Forest County is 1.07%, 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 $124,600, the typical annual property tax bill in Forest County is approximately $1,403, significantly below the national median of $2,690. Property taxes in Forest County are calculated based on the assessed value, which is often lower than the actual market value due to various exemptions like those for primary residences and agricultural properties. Understanding Forest County's property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in Crandon or another part of Forest County, gaining a thorough understanding of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Forest County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$1,333
$1,237
Ownwell’s Forest County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Forest County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Forest 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 Forest County, Wisconsin
Property taxes in Forest County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Forest County is 1.07%, which is higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Forest County set these rates annually, and they can vary significantly between different areas within the county. Each year, Forest 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 Forest County's effective property tax rate with other regions in Wisconsin and the national median. For comparison, the city of Armstrong Creek has one of the higher property tax rates in Wisconsin at 1.30%, while the city of White Lake boasts one of the lowest at 0.80%. Analyzing how Forest County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Forest County Tax Rate
1.07%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Forest County, Wisconsin
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alvin | 0.85% | 0.89% | 0.93% | 0.93% | 0.94% |
Argonne | 0.72% | 0.87% | 1.00% | 1.10% | 1.12% |
Armstrong Creek | 0.78% | 1.05% | 1.30% | 1.48% | 1.54% |
Athelstane | 0.94% | 1.14% | 1.16% | 1.19% | 1.19% |
Cavour | 0.68% | 0.78% | 0.98% | 1.11% | 1.12% |
Crandon | 0.94% | 1.02% | 1.07% | 1.29% | 1.52% |
Eagle River | 1.03% | 1.05% | 1.07% | 1.08% | 1.08% |
Hiles | 1.00% | 1.06% | 1.07% | 1.09% | 1.11% |
Laona | 0.95% | 1.10% | 1.27% | 1.41% | 1.46% |
Lily | 0.99% | 0.99% | 1.02% | 1.04% | 1.04% |
Long Lake | 0.63% | 0.79% | 0.89% | 0.92% | 0.95% |
Nelma | 0.92% | 0.93% | 0.94% | 0.94% | 0.94% |
Newald | 0.89% | 0.89% | 0.91% | 0.92% | 0.93% |
Pickerel | 0.98% | 1.03% | 1.06% | 1.08% | 1.09% |
Three Lakes | 0.86% | 0.88% | 0.88% | 1.07% | 1.08% |
Wabeno | 0.89% | 1.01% | 1.10% | 1.13% | 1.17% |
White Lake | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Forest County, Wisconsin
In Forest 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 Forest 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 Forest 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. Being aware of these valuation processes in Forest County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Forest County, the highest median tax bill can be found in Eagle River at $4,125, while the lowest is in Newald at $329. The national median property tax rate is 0.99%, giving you a point of comparison to understand your local tax landscape better.
Property Tax Assessment Values Across Forest County, Wisconsin
Source: Ownwell
$36,200
$213,800
$391,400
Average Forest County Assessed Value
$124,600
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Forest County, Wisconsin
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alvin | $49,760 | $95,900 | $145,750 | $189,825 | $205,770 |
Argonne | $22,620 | $48,200 | $98,600 | $177,500 | $258,540 |
Armstrong Creek | $17,300 | $39,325 | $82,700 | $121,000 | $175,900 |
Athelstane | $46,620 | $78,000 | $129,100 | $288,900 | $348,100 |
Cavour | $21,940 | $35,800 | $45,200 | $103,100 | $121,580 |
Crandon | $42,780 | $75,700 | $137,300 | $233,375 | $326,720 |
Eagle River | $204,850 | $291,400 | $391,400 | $502,150 | $626,930 |
Hiles | $60,540 | $95,800 | $207,400 | $324,100 | $602,720 |
Laona | $26,850 | $53,875 | $104,400 | $185,475 | $281,800 |
Lily | $59,270 | $64,175 | $99,300 | $137,850 | $148,920 |
Long Lake | $21,740 | $43,100 | $79,100 | $138,400 | $199,320 |
Nelma | $140,540 | $150,800 | $178,350 | $213,025 | $236,110 |
Newald | $32,600 | $33,950 | $36,200 | $38,450 | $39,800 |
Pickerel | $77,640 | $132,575 | $197,700 | $266,625 | $332,120 |
Three Lakes | $133,220 | $228,850 | $343,100 | $451,850 | $580,020 |
Wabeno | $30,930 | $64,425 | $122,100 | $196,450 | $269,640 |
White Lake | $86,400 | $86,400 | $86,400 | $86,400 | $86,400 |
Source: Ownwell
Property Tax Bills Across Forest County, Wisconsin
In Forest County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For example, with a median home price of $124,600, homeowners can expect varying tax bills depending on their specific property value and the applicable tax rate. Several factors influence the final tax bill, including property location, improvements made to the property, and any applicable exemptions. In Forest County, tax bills can range significantly, with the 25th percentile at $682 and the 75th percentile at $2,408, showcasing the diversity in property values and tax rates across the county. The highest median tax bill in the region is found in Eagle River at $4,125, while the lowest is in Newald at $329. These tax obligations can significantly impact homeowners, affecting their overall cost of living and financial planning. Understanding how these bills are determined helps residents better prepare for their annual property tax responsibilities.
Average Forest County Tax Bill
$1,403
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Forest County, Wisconsin
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alvin | $430 | $880 | $1,368 | $1,729 | $1,899 |
Argonne | $176 | $434 | $971 | $1,815 | $2,814 |
Armstrong Creek | $160 | $394 | $1,083 | $1,695 | $2,636 |
Athelstane | $509 | $888 | $1,474 | $3,428 | $4,140 |
Cavour | $187 | $351 | $353 | $1,147 | $1,366 |
Crandon | $437 | $893 | $1,600 | $2,592 | $3,743 |
Eagle River | $2,048 | $3,116 | $4,125 | $5,362 | $6,750 |
Hiles | $604 | $1,041 | $2,201 | $3,605 | $6,504 |
Laona | $247 | $604 | $1,291 | $2,438 | $3,949 |
Lily | $584 | $637 | $1,017 | $1,433 | $1,553 |
Long Lake | $136 | $344 | $700 | $1,286 | $1,877 |
Nelma | $1,303 | $1,385 | $1,664 | $2,013 | $2,219 |
Newald | $290 | $305 | $329 | $354 | $369 |
Pickerel | $797 | $1,391 | $2,094 | $2,876 | $3,513 |
Three Lakes | $1,148 | $2,134 | $3,374 | $4,506 | $5,652 |
Wabeno | $290 | $652 | $1,321 | $2,231 | $3,111 |
White Lake | $694 | $694 | $694 | $694 | $694 |
Source: Ownwell