Birchwood, Sawyer County, Wisconsin Property Taxes
The median property tax rate in Birchwood, WI is 1.25%, higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Birchwood, the typical annual property tax bill reaches $2,854, exceeding the national median of $2,690. Property taxes in Birchwood are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Birchwood'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 Birchwood or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Birchwood, Sawyer County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$2,260
$2,097
Ownwell’s Birchwood Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Birchwood with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Birchwood 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 Birchwood, Sawyer County, Wisconsin
Property taxes in Birchwood, WI, are critical for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Birchwood is 1.55%, which is significantly higher than both the Wisconsin state median of 1.53% and the U.S. national median of 0.99%. Local government entities within Birchwood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Birchwood 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 Birchwood's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54817 zip code has the highest median property tax rate of 1.55%, while the same 54817 zip code also has the lowest median tax rate of 1.55%. Understanding how these areas compare with Birchwood provides valuable insights into the varying tax landscape across Sawyer County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Birchwood Tax Rate
0.99%
Average Sawyer County Tax Rate
0.89%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Birchwood, Sawyer County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54817 | 0.78% | 0.93% | 0.99% | 1.01% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Birchwood, Sawyer County, Wisconsin
In Birchwood, 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 Sawyer 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 Birchwood, 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 Birchwood helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $2,138 in the zip code 54817.
Property Tax Assessment Values Across Birchwood, Sawyer County, Wisconsin
Source: Ownwell
$75,400
$191,900
$308,400
Average Birchwood Assessed Value
$228,300
Average Sawyer County Assessed Value
$195,000
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Birchwood, Sawyer County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54817 | $74,360 | $124,575 | $228,300 | $338,200 | $441,050 |
Source: Ownwell
Property Tax Bills Across Birchwood, Sawyer County, Wisconsin
Property tax bills in Birchwood, Sawyer County, WI, are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the tax bill. Several factors influence the assessed value, including the property's market value, location, and any improvements or changes made to the property. Homeowners in Birchwood experience varying tax bills, with the 25th percentile paying around $1,130 and the 75th percentile paying up to $3,283. The 90th percentile sees tax bills as high as $4,371. These figures contrast with the national median property tax rate of 0.99%. For instance, Birchwood's median home price is $228,300, which means homeowners could expect a significant range in their tax bills depending on their property's assessed value and the local tax rate. These taxes fund essential public services, impacting the overall quality of life in the community.
Average Birchwood Tax Bill
$2,138
Average Sawyer County Tax Bill
$1,766
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Birchwood, Sawyer County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54817 | $582 | $1,130 | $2,138 | $3,283 | $4,371 |
Source: Ownwell