Marquette County Property Taxes
The median property tax rate in Marquette County is 1.32%, which is significantly higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $127,100 in Marquette County, the typical annual property tax bill reaches $1,806, which is below the national median of $2,690. Property taxes in Marquette County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Marquette County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Montello or another part of Marquette County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Marquette County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.32%
Estimate Property Tax Bill
$1,678
$1,557
Ownwell’s Marquette County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Marquette County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Marquette 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 Marquette County, Wisconsin
Property taxes in Marquette County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Marquette County is 1.32%, which is higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Marquette County set these rates annually, and they can vary significantly between different areas within the county. Each year, Marquette 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 Marquette County's effective property tax rate with other counties in Wisconsin and the national median. For comparison, the city of Endeavor has one of the higher property tax rates in Wisconsin at 1.43%, while the city of Markesan boasts one of the lowest at 0.95%. Analyzing how Marquette County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Marquette County Tax Rate
1.32%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marquette County, Wisconsin
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Briggsville | 1.06% | 1.35% | 1.37% | 1.40% | 1.44% |
Coloma | 1.26% | 1.26% | 1.27% | 1.27% | 1.27% |
Dalton | 1.17% | 1.18% | 1.20% | 1.24% | 1.28% |
Endeavor | 1.40% | 1.41% | 1.43% | 1.76% | 1.82% |
Markesan | 0.95% | 0.95% | 0.95% | 0.95% | 0.95% |
Montello | 1.15% | 1.25% | 1.38% | 1.78% | 1.93% |
Neshkoro | 1.13% | 1.26% | 1.33% | 1.37% | 1.60% |
Oxford | 1.19% | 1.23% | 1.28% | 1.29% | 1.34% |
Packwaukee | 0.98% | 0.98% | 0.98% | 0.98% | 0.98% |
Portage | 1.39% | 1.39% | 1.40% | 1.41% | 1.42% |
Princeton | 1.25% | 1.25% | 1.26% | 1.30% | 1.35% |
Wautoma | 1.29% | 1.29% | 1.30% | 1.30% | 1.34% |
Westfield | 1.14% | 1.21% | 1.32% | 1.76% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Marquette County, Wisconsin
In Marquette 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 Marquette 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 Marquette 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. In Marquette County, the highest median tax bill is in Coloma at $5,740, while the lowest is in Packwaukee at $139. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Marquette County, Wisconsin
Source: Ownwell
$14,100
$234,300
$454,500
Average Marquette County Assessed Value
$127,100
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Marquette County, Wisconsin
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Briggsville | $63,440 | $67,500 | $115,900 | $151,400 | $316,180 |
Coloma | $231,700 | $315,250 | $454,500 | $593,750 | $677,300 |
Dalton | $65,750 | $77,150 | $161,650 | $195,250 | $227,440 |
Endeavor | $50,370 | $77,100 | $155,900 | $208,550 | $240,350 |
Markesan | $258,100 | $258,100 | $258,100 | $258,100 | $258,100 |
Montello | $35,800 | $62,050 | $97,100 | $156,725 | $269,000 |
Neshkoro | $55,520 | $92,700 | $208,900 | $269,300 | $350,460 |
Oxford | $64,940 | $112,600 | $168,000 | $204,200 | $273,240 |
Packwaukee | $14,100 | $14,100 | $14,100 | $14,100 | $14,100 |
Portage | $131,620 | $170,050 | $234,100 | $298,150 | $336,580 |
Princeton | $248,840 | $314,000 | $433,950 | $522,900 | $532,260 |
Wautoma | $230,760 | $332,200 | $440,900 | $513,275 | $652,080 |
Westfield | $70,600 | $95,250 | $130,800 | $184,500 | $282,060 |
Source: Ownwell
Property Tax Bills Across Marquette County, Wisconsin
In Marquette County, WI, property tax bills are calculated based on the assessed value of a homeowner’s property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. The local tax rate is applied to this value to calculate the annual property tax bill. Factors that influence the tax bill include the property's location, size, and any improvements or renovations. In Marquette County, the median home price is $127,100. Homeowners in the 25th percentile pay around $1,128 annually, while those in the 75th percentile pay approximately $2,852. At the 90th percentile, the tax bill can reach $4,028. The highest median tax bill in the county is found in Coloma at $5,740, whereas the lowest is in Packwaukee at just $139. These variations significantly impact homeowners, influencing their financial planning and potentially affecting property values. Compared to the national median property tax rate of 0.99%, Marquette County's rates can vary widely, underscoring the importance of understanding local property tax dynamics.
Average Marquette County Tax Bill
$1,806
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Marquette County, Wisconsin
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Briggsville | $705 | $913 | $1,610 | $2,120 | $4,365 |
Coloma | $2,939 | $3,989 | $5,740 | $7,491 | $8,541 |
Dalton | $787 | $931 | $2,016 | $2,389 | $2,727 |
Endeavor | $764 | $1,353 | $2,501 | $3,166 | $3,730 |
Markesan | $2,463 | $2,463 | $2,463 | $2,463 | $2,463 |
Montello | $523 | $944 | $1,392 | $2,391 | $3,558 |
Neshkoro | $703 | $1,201 | $2,892 | $3,583 | $4,497 |
Oxford | $807 | $1,529 | $2,142 | $2,625 | $3,435 |
Packwaukee | $139 | $139 | $139 | $139 | $139 |
Portage | $1,835 | $2,388 | $3,309 | $4,231 | $4,784 |
Princeton | $3,307 | $4,002 | $5,479 | $6,604 | $6,665 |
Wautoma | $3,043 | $4,299 | $5,651 | $6,666 | $8,479 |
Westfield | $996 | $1,383 | $1,915 | $2,739 | $3,449 |
Source: Ownwell