Antigo, Wisconsin Property Taxes
The median property tax rate in Antigo, WI is 1.17%, which is higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Antigo at $123,042, the typical annual property tax bill reaches $1,378, falling below the national median of $2,690. Property taxes in Antigo are calculated based on the assessed value, which often comes in lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Antigo'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 Antigo 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
Antigo, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$1,440
$1,336
Ownwell’s Antigo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Antigo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Antigo 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 Antigo, Wisconsin
Property taxes in Antigo, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Antigo is 1.17%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Antigo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Antigo 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 Antigo's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54409 zip code has the highest median property tax rate of 1.17%, while the same zip code also has the lowest median tax rate of 1.17%. Understanding how these cities compare with Antigo provides valuable insights into the varying tax landscape across Langlade County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Antigo Tax Rate
1.17%
Average Shawano County Tax Rate
1.29%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Antigo, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54409 | 1.03% | 1.06% | 1.17% | 1.24% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Antigo, Wisconsin
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Antigo, Wisconsin. 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 Shawano 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 Antigo, 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. For example, the highest and lowest median tax bills in Antigo are both $1378, located in the zip code 54409. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Antigo Assessed Value
$123,042
Average Shawano County Assessed Value
$142,102
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Antigo, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54409 | $22,198 | $72,756 | $123,042 | $176,275 | $248,664 |
Source: Ownwell
Property Tax Bills Across Antigo, Wisconsin
In Antigo, Shawano County, WI, property tax bills are calculated based on the assessed value of the property, which is determined by local assessors. This assessed value is then multiplied by the local property tax rate to determine the tax bill. Factors such as property improvements, location, and market conditions influence the assessed value. For instance, the median home price in Antigo is $123,042, which provides a baseline for many tax assessments. The tax bills can vary significantly, with the 25th percentile at $802 and the 75th percentile reaching up to $2,061. For those in the 90th percentile, tax bills can be as high as $2,795. The highest median tax bill in the area is $1,378, found in the 54409 zip code, which coincidentally also has the lowest median tax bill. These variations affect homeowners differently, impacting their financial planning and housing affordability. Compared to the national median property tax rate of 0.99%, Antigo's rates reflect the local economic and property market conditions.
Average Antigo Tax Bill
$1,378
Average Shawano County Tax Bill
$2,012
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Antigo, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54409 | $336 | $802 | $1,378 | $2,061 | $2,795 |
Source: Ownwell