Marinette, Marinette County, Wisconsin Property Taxes
Median Marinette, WI effective property tax rate: 1.79%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%. Median Marinette, WI home value: $84,900. Median annual Marinette, WI tax bill: $1,555, $845 lower than the national median property tax bill of $2,400.
How are property taxes in Marinette calculated? Property taxes in Marinette, WI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Marinette’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Marinette, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Marinette, Marinette County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.79%
Estimate Property Tax Bill
$1,520
$1,410
Property Tax Rates Across Marinette, Marinette County, Wisconsin
Local government entities set property tax rates, which can vary widely within a state. Each county, including Marinette in Wisconsin, estimates its required budget annually to provide essential services, dividing this by the total value of all taxable property within its jurisdiction. This process results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the basic annual procedure.
In Marinette, located in Wisconsin, the effective property tax rate stands at 1.79%. This rate is notably higher than the national median property tax rate of 1.02%. When comparing Marinette's rate to the state median, it aligns closely, as Wisconsin's median property tax rate also sits at 1.79%. This demonstrates a consistency within the county and state, yet highlights a significant difference when contrasted with the national average. Understanding these differences can aid property owners in making informed decisions about property investments and tax appeals.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Marinette Tax Rate
1.79%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Marinette County Tax Rate
1.37%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Marinette, Marinette County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54143 | 1.26% | 1.41% | 1.79% | 2.00% | 2.10% |
Source: Ownwell
Property Tax Assessment Values Across Marinette, Marinette County, Wisconsin
When examining property taxes in Marinette, WI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Marinette County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Marinette County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Marinette. For example, the median home price in Marinette is $84,900, with tax bills ranging significantly across the county. Zip code 54143 has the highest median home price at $84,900.
Property Tax Assessment Values Across Marinette, Marinette County, Wisconsin
Source: Ownwell
$51,900
$76,150
$100,400
Median Marinette Market Value
$84,900
Median Marinette County Market Value
$79,400
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Marinette, Marinette County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54143 | $40,400 | $60,100 | $84,900 | $131,475 | $192,140 |
Source: Ownwell
Property Tax Bills Across Marinette, Marinette County, Wisconsin
In Marinette, WI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The tax rate is applied to this assessed value to determine the annual tax bill. Factors influencing the assessed value include the property's location, size, and condition. For homeowners in Marinette, the median property tax bill is $1,555, which is below the national median of $2,400. However, the tax bill can range significantly, with the 25th percentile at $1,117 and the 90th percentile reaching $3,165.
This variability can impact homeowners' financial planning, making it essential to ensure assessments are fair and accurate. Ownwell offers services to help homeowners appeal their property tax assessments, potentially lowering their tax bills. By analyzing local market conditions and assessment data, Ownwell can identify discrepancies and assist in filing appeals. This service can be particularly beneficial in areas like Marinette, where property tax bills can vary widely, ensuring homeowners are not overpaying.
Median Marinette Tax Bill
$1,555
Median Marinette County Tax Bill
$1,289
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Marinette, Marinette County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54143 | $772 | $1,117 | $1,555 | $2,208 | $3,165 |
Source: Ownwell