Portage County, Wisconsin Property Taxes
The median property tax rate in Portage County is 1.54%, which is significantly higher than the national median of 0.99% but slightly below Wisconsin's state median of 1.58%. With a median home value of $182,500, the typical annual property tax bill in Portage County is approximately $2,873, surpassing the national median of $2,690. Property taxes in this county are calculated based on the assessed value, which is often lower than the actual market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Portage County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in Stevens Point or another part of Portage County, having a thorough knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Portage County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.54%
Estimate Property Tax Bill
$2,811
$2,608
Ownwell’s Portage Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Portage with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Portage to estimate your property tax bill. This tool provides valuable insights into potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to more localized information. Your property’s 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 Portage County, Wisconsin
Property taxes in Portage County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Portage County is 1.54%, which is higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Portage County set these rates annually, and they can vary significantly between different areas within the county. Each year, Portage 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 Portage County's effective property tax rate with other counties in Wisconsin and the national median. For comparison, the city of Stevens Point has one of the higher property tax rates in Wisconsin at 1.99%, while the city of Almond boasts one of the lowest at 1.19%. Analyzing how Portage County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Portage County Tax Rate
1.54%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Portage County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Almond | 1.01% | 1.13% | 1.19% | 1.28% | 1.47% |
| Amherst | 1.20% | 1.47% | 1.53% | 1.60% | 1.69% |
| Amherst Junction | 1.27% | 1.39% | 1.49% | 1.55% | 1.62% |
| Bancroft | 1.06% | 1.19% | 1.34% | 1.37% | 1.58% |
| Custer | 1.18% | 1.24% | 1.26% | 1.33% | 1.47% |
| Iola | 1.19% | 1.23% | 1.30% | 1.38% | 1.39% |
| Junction City | 1.11% | 1.22% | 1.31% | 1.38% | 1.46% |
| Milladore | N/A | N/A | N/A | N/A | N/A |
| Mosinee | 1.11% | 1.27% | 1.32% | 1.35% | 1.37% |
| Nelsonville | 1.31% | 1.37% | 1.42% | 1.48% | 1.53% |
| Plainfield | 1.15% | 1.26% | 1.33% | 1.36% | 1.52% |
| Plover | 1.27% | 1.56% | 1.59% | 1.62% | 1.67% |
| Rosholt | 1.30% | 1.41% | 1.48% | 1.63% | 2.01% |
| Rudolph | 1.11% | 1.19% | 1.29% | 1.37% | 1.46% |
| Scandinavia | 1.11% | 1.31% | 1.47% | 1.52% | 1.56% |
| Stevens Point | 1.25% | 1.33% | 1.99% | 2.10% | 2.16% |
| Waupaca | 1.12% | 1.19% | 1.20% | 1.20% | 1.44% |
| Wild Rose | 1.07% | 1.20% | 1.23% | 1.23% | 1.45% |
| Wisconsin Rapids | 1.20% | 1.28% | 1.32% | 1.37% | 1.41% |
| Wittenberg | 1.31% | 1.38% | 1.43% | 1.47% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Portage County, Wisconsin
In Portage 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 Portage 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 Portage 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 Portage County, Mosinee has the highest median tax bill at $4,142, while Wild Rose has the lowest at $1,301. Being aware of these valuation processes in Portage County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Portage County, Wisconsin
Source: Ownwell
$103,500
$214,700
$325,900
Average Portage County Assessed Value
$182,500
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Portage County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Almond | $19,400 | $56,150 | $114,100 | $196,900 | $287,940 |
| Amherst | $41,040 | $128,950 | $201,500 | $275,700 | $366,640 |
| Amherst Junction | $20,140 | $85,300 | $172,900 | $272,950 | $360,940 |
| Bancroft | $19,240 | $63,100 | $131,200 | $207,400 | $291,880 |
| Custer | $48,760 | $145,300 | $233,800 | $325,200 | $435,940 |
| Iola | $72,770 | $117,175 | $251,800 | $370,675 | $411,460 |
| Junction City | $29,660 | $96,900 | $181,800 | $305,800 | $465,720 |
| Milladore | N/A | N/A | N/A | N/A | N/A |
| Mosinee | $41,160 | $162,300 | $325,900 | $577,400 | $806,300 |
| Nelsonville | $5,520 | $9,400 | $103,500 | $145,000 | $237,540 |
| Plainfield | $25,000 | $66,800 | $107,300 | $167,100 | $290,850 |
| Plover | $102,300 | $192,150 | $236,500 | $301,125 | $385,600 |
| Rosholt | $7,400 | $64,000 | $147,050 | $246,125 | $335,890 |
| Rudolph | $43,640 | $111,850 | $160,400 | $256,550 | $374,180 |
| Scandinavia | $97,480 | $136,100 | $204,600 | $263,100 | $336,100 |
| Stevens Point | $65,200 | $116,500 | $165,500 | $236,200 | $328,230 |
| Waupaca | $18,700 | $45,125 | $147,100 | $209,600 | $280,660 |
| Wild Rose | $11,980 | $14,750 | $104,150 | $137,300 | $256,830 |
| Wisconsin Rapids | $26,250 | $109,875 | $190,100 | $273,125 | $373,500 |
| Wittenberg | $100,700 | $125,225 | $219,550 | $284,675 | $344,770 |
Source: Ownwell
Property Tax Bills Across Portage County, Wisconsin
In Portage County, WI, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is an estimate of your property's market value as determined by the county assessor. Factors that play a role in calculating your tax bill include the property's location, size, and any improvements made. For instance, the median home price in Portage County is $182,500. Homeowners in Portage County experience varying tax bills depending on their property's value and location within the county. The 25th percentile tax bill is $1,860, while the 75th percentile tax bill is $4,001. At the higher end, the 90th percentile tax bill reaches $5,490. The city of Mosinee has the highest median tax bill at $4,142, whereas Wild Rose has the lowest at $1,301. These figures highlight the range of property tax bills within the county, impacting homeowners differently based on their property's assessed value and specific location.
Average Portage County Tax Bill
$2,873
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Portage County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Almond | $229 | $624 | $1,343 | $2,299 | $3,302 |
| Amherst | $586 | $1,931 | $2,973 | $4,190 | $5,559 |
| Amherst Junction | $281 | $1,132 | $2,459 | $3,972 | $5,197 |
| Bancroft | $261 | $830 | $1,635 | $2,602 | $3,676 |
| Custer | $633 | $1,743 | $2,929 | $4,170 | $5,519 |
| Iola | $960 | $1,516 | $3,290 | $4,867 | $5,509 |
| Junction City | $343 | $1,231 | $2,346 | $3,865 | $5,873 |
| Milladore | N/A | N/A | N/A | N/A | N/A |
| Mosinee | $560 | $1,863 | $4,142 | $7,130 | $10,614 |
| Nelsonville | $52 | $139 | $1,470 | $2,014 | $3,354 |
| Plainfield | $308 | $819 | $1,501 | $2,161 | $3,677 |
| Plover | $1,379 | $2,890 | $3,680 | $4,791 | $6,167 |
| Rosholt | $121 | $928 | $2,270 | $3,607 | $4,836 |
| Rudolph | $539 | $1,393 | $2,079 | $3,314 | $4,402 |
| Scandinavia | $1,473 | $1,748 | $3,009 | $3,702 | $4,597 |
| Stevens Point | $1,129 | $2,134 | $2,877 | $3,871 | $5,445 |
| Waupaca | $223 | $640 | $1,748 | $2,536 | $3,404 |
| Wild Rose | $118 | $197 | $1,301 | $1,691 | $2,979 |
| Wisconsin Rapids | $353 | $1,389 | $2,483 | $3,551 | $4,955 |
| Wittenberg | $1,199 | $1,891 | $3,134 | $3,988 | $4,666 |
Source: Ownwell