Armstrong Creek, Marinette County, Wisconsin Property Taxes
The median property tax rate in Armstrong Creek, WI is 2.31%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Armstrong Creek at $98,800, the typical annual property tax bill reaches $2,420, which is still below the national median of $2,690. Property taxes in Armstrong Creek are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Armstrong Creek'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 Armstrong Creek or another part of Marinette County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Armstrong Creek, Marinette County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.31%
Estimate Property Tax Bill
$2,282
$2,118
Ownwell’s Armstrong Creek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Armstrong Creek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Armstrong Creek 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 Armstrong Creek, Marinette County, Wisconsin
Property taxes in Armstrong Creek, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Armstrong Creek is 1.85%, significantly higher than both the Wisconsin state median of 1.53% and the U.S. national median of 0.99%. Local government entities within Armstrong Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, Armstrong Creek 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 Armstrong Creek's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the highest median property tax rate in the region is 1.85%, while the lowest median tax rate is also 1.85%. Understanding how these figures compare with Armstrong Creek provides valuable insights into the varying tax landscape across Marinette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Property Tax Rates Across Armstrong Creek, Marinette County, Wisconsin
Source: Ownwell
1.12%
1.72%
2.31%
Average Armstrong Creek Tax Rate
2.31%
Average Marinette County Tax Rate
1.37%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Armstrong Creek, Marinette County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54103 | 1.87% | 2.09% | 2.31% | 2.36% | 2.37% |
Source: Ownwell
Property Tax Assessment Values Across Armstrong Creek, Marinette County, Wisconsin
In Armstrong Creek, 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 Marinette 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 Armstrong Creek, 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 Armstrong Creek helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 54103 has the highest and lowest median tax bill, both at $2,420.
Property Tax Assessment Values Across Armstrong Creek, Marinette County, Wisconsin
Source: Ownwell
$51,900
$76,150
$100,400
Average Armstrong Creek Assessed Value
$98,800
Average Marinette County Assessed Value
$79,400
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Armstrong Creek, Marinette County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54103 | $13,060 | $63,150 | $98,800 | $134,500 | $146,640 |
Source: Ownwell
Property Tax Bills Across Armstrong Creek, Marinette County, Wisconsin
In Armstrong Creek, located in Marinette County, WI, property tax bills are calculated based on the assessed value of a home. The median home price in the area is $98,800. Property taxes are determined by multiplying the assessed value by the local tax rate. Factors such as property size, location, and any improvements made to the property can influence the assessed value. Homeowners in Armstrong Creek can expect their annual property tax bills to vary significantly. The 25th percentile tax bill is around $1,922, while the 75th percentile tax bill reaches approximately $3,092. At the 90th percentile, tax bills can be as high as $3,472. The highest and lowest median tax bills in the area are both $2,420, indicating some consistency in tax assessments within the zip code 54103. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding how local rates stack up. These property taxes directly impact homeowners by influencing their overall housing costs and potentially affecting their decisions on property improvements and investments.
Property Tax Bills Across Armstrong Creek, Marinette County, Wisconsin
Source: Ownwell
$832
$1,626
$2,420
Average Armstrong Creek Tax Bill
$2,420
Average Marinette County Tax Bill
$1,289
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Armstrong Creek, Marinette County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54103 | $660 | $1,922 | $2,420 | $3,092 | $3,472 |
Source: Ownwell