Amery, Polk County, Wisconsin Property Taxes
The median property tax rate in Amery, WI is 1.19%, which is higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With a median home value of $227,600 in Amery, the typical annual property tax bill reaches $3,072, surpassing the national median of $2,690. Property taxes in Amery are calculated based on the assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Amery'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 Amery or another part of Polk County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Amery, Polk County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$2,708
$2,513
Ownwell’s Amery Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Amery with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Amery 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 Amery, Polk County, Wisconsin
Property taxes in Amery, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Amery is 1.19%, which is higher than the U.S. national median of 0.99%. Local government entities within Amery set these rates annually, and they can vary significantly across different neighborhoods. Each year, Amery 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 Amery's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54001 has both the highest and lowest median property tax rate of 1.19%. Understanding how these cities compare with Amery provides valuable insights into the varying tax landscape across Polk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Amery Tax Rate
1.19%
Average Polk County Tax Rate
1.13%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Amery, Polk County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54001 | 1.02% | 1.10% | 1.19% | 1.63% | 1.75% |
Source: Ownwell
Property Tax Assessment Values Across Amery, Polk County, Wisconsin
In Amery, 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 Polk 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 Amery, 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 Amery helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 54001 has the highest and lowest median tax bill, both amounting to $3,072.
Property Tax Assessment Values Across Amery, Polk County, Wisconsin
Source: Ownwell
$66,950
$209,075
$351,200
Average Amery Assessed Value
$227,600
Average Polk County Assessed Value
$219,000
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Amery, Polk County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54001 | $96,400 | $157,750 | $227,600 | $330,750 | $484,700 |
Source: Ownwell
Property Tax Bills Across Amery, Polk County, Wisconsin
Property tax bills in Amery, located in Polk County, WI, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the property. Once the property's assessed value is established, the local tax rate is applied to calculate the annual tax bill. Several factors influence the tax bill, including property size, location, and any improvements made to the property. For homeowners in Amery, the tax bill can vary significantly. For instance, the tax bill at the 25th percentile is $2,030, while at the 75th percentile, it rises to $4,317. At the 90th percentile, it can reach as high as $6,235. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners in Amery to understand how their local rates and property assessments impact their annual tax obligations. This variability in tax bills highlights the importance of accurate property assessments and understanding local tax rates.
Average Amery Tax Bill
$3,072
Average Polk County Tax Bill
$2,629
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Amery, Polk County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54001 | $1,090 | $2,030 | $3,072 | $4,317 | $6,235 |
Source: Ownwell