Antigo, Wisconsin Property Taxes
The median property tax rate in Antigo, WI is 0.89%, which is significantly lower than both the national median of 0.99% and the Wisconsin state median of 1.58%. With a median home value of $131,010 in Antigo, the typical annual property tax bill comes to $1,128, well below the national median of $2,690. Property taxes in Antigo are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Antigo'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 Antigo 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
Antigo, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$1,166
$1,082
Ownwell’s Antigo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Antigo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Antigo 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 Antigo, Wisconsin
Property taxes in Antigo, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Antigo is 0.89%, slightly below the U.S. national median of 0.99%. Local government entities within Antigo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Antigo 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 Antigo's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54409 zip code has the median property tax rate of 0.89%. Understanding how these cities compare with Antigo provides valuable insights into the varying tax landscape across Langlade County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Antigo Tax Rate
0.89%
Average Marathon County Tax Rate
1.64%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Antigo, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54409 | 0.75% | 0.84% | 0.89% | 0.94% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Antigo, Wisconsin
In Antigo, 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 Marathon 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 Antigo, 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. Antigo's median home price stands at $131,010. The lowest and highest median tax bills are both $1,128, found in the zip code 54409. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Antigo Assessed Value
$131,010
Average Marathon County Assessed Value
$164,200
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Antigo, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54409 | $29,644 | $103,606 | $131,010 | $174,946 | $218,940 |
Source: Ownwell
Property Tax Bills Across Antigo, Wisconsin
In Antigo, located in Marathon County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Antigo is $131,010, which plays a crucial role in determining the tax bill. The local tax rate is applied to this assessed value to generate the annual property tax bill. For instance, homeowners at the 25th percentile pay around $874, while those at the 75th percentile see bills closer to $1,657. At the 90th percentile, the tax bill can reach up to $1,997. Several factors influence the tax bill, including property size, location, and market conditions. A higher assessed value means a higher tax bill, impacting homeowners' annual financial obligations. Compared to the national median property tax rate of 0.99%, Antigo's rates are relatively moderate, providing some relief to homeowners. The highest and lowest median tax bills in the area both stand at $1,128, reflecting a consistent tax environment within the 54409 zip code.
Average Antigo Tax Bill
$1,128
Average Marathon County Tax Bill
$2,706
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Antigo, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54409 | $247 | $874 | $1,128 | $1,657 | $1,997 |
Source: Ownwell