Eagle River, Vilas County, Wisconsin Property Taxes

Name: Property Tax Bills Across Eagle River, Vilas County, Wisconsin
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Eagle River, WI effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%. Median Eagle River, WI home value: $235,900. Median annual Eagle River, WI tax bill: $1,843, $557 lower than the national median property tax bill of $2,400.

How are property taxes in Vilas calculated?

Property taxes in Eagle River, WI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Eagle River’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Eagle River, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Eagle River, Vilas County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.7%

Estimate Property Tax Bill

$1,651

$1,532

Ownwell’s Eagle River Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Eagle River with just two data points. By entering your property's estimated assessed value, our calculator applies Eagle River’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Vilas County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Eagle River, Vilas County, Wisconsin

Local government entities determine tax rates, which can vary significantly within a state. This variation arises because each county annually estimates its budgetary needs for providing services and divides this amount by the total value of all taxable property within its jurisdiction. This calculation leads to the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual procedure.

In Eagle River, located in Vilas County, the effective property tax rate is 0.70%. This rate is consistent with both the highest and lowest median tax rates within the state, as seen in zip code 54521. When compared to the national median property tax rate of 1.02%, Eagle River's rate is notably lower. Additionally, the national median property tax bill stands at $2400, which provides a broader context for understanding how Eagle River's tax obligations compare on a national scale. This information can be invaluable for property owners looking to assess their tax liabilities relative to other regions.

Property Tax Rates Across Eagle River, Vilas County, Wisconsin

Source: Ownwell

0.70%

0.79%

0.87%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Eagle River Tax Rate

0.70%

Median Effective Vilas County Tax Rate

0.71%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Eagle River, Vilas County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54521	0.65%	0.66%	0.70%	0.72%	1.35%

Source: Ownwell

Property Tax Assessment Values Across Eagle River, Vilas County, Wisconsin

When examining property taxes in Eagle River, WI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Vilas County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Vilas County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Eagle River.

For example, the median home price in Eagle River is $235,900, with tax bills ranging significantly across the county. Zip code 54521 has the highest median home price at $235,900.

Property Tax Assessment Values Across Eagle River, Vilas County, Wisconsin

Source: Ownwell

$171,100

$221,025

$270,950

Median Eagle River Market Value

$235,900

Median Vilas County Market Value

$234,100

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Eagle River, Vilas County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54521	$64,500	$139,200	$235,900	$374,300	$539,240

Source: Ownwell

Property Tax Bills Across Eagle River, Vilas County, Wisconsin

In Eagle River, located in Vilas County, Wisconsin, property tax bills are determined by the assessed value of a home combined with the local tax rate. The median home price here is $235,900, and property tax bills can vary significantly based on this value. For instance, the 25th percentile tax bill is $1,206, while the 75th percentile reaches $2,816, and the 90th percentile can be as high as $4,000. These figures reflect how the tax burden can differ among homeowners. Compared to the national median property tax bill of $2,400, Eagle River's property taxes can be both lower and higher, depending on the specific property. For homeowners, this means that understanding and potentially appealing their property's assessed value can lead to significant savings. This is where Ownwell can assist. By providing expert property tax appeal services, Ownwell helps homeowners ensure they are not overpaying on their taxes, potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Eagle River, Vilas County, Wisconsin

Source: Ownwell

$1,321

$1,698

$2,074

Median Eagle River Tax Bill

$1,843

Median Vilas County Tax Bill

$1,974

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Eagle River, Vilas County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54521	$764	$1,206	$1,843	$2,816	$4,000

Source: Ownwell