Port Edwards, Wood County, Wisconsin Property Taxes

Name: Property Tax Bills Across Port Edwards, Wood County, Wisconsin
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median PORT EDWARDS, WI effective property tax rate: 2.14%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median PORT EDWARDS, WI home value: $125,850
Median annual PORT EDWARDS, WI tax bill: $2,636, $236 higher than the national median property tax bill of $2,400.

How are property taxes in Wood County calculated?

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

Last Updated March 1, 2025

Port Edwards, Wood County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.14%

Estimate Property Tax Bill

$2,693

$2,499

Ownwell’s Port Edwards Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Port Edwards with just two data points. By entering your property's estimated assessed value, our calculator applies Port Edwards’ 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 Wood County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Port Edwards, Wood County, Wisconsin

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county estimates its required budget annually to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws influence the setting of tax rates and budgets, this is essentially the annual process. Port Edwards in Wood County, Wisconsin, is a prime example of this system. The effective property tax rate in Port Edwards stands at 2.14%, which is notably higher than the national median property tax rate of 1.02%. This rate is consistent across the county, as indicated by the highest and lowest median tax rates being the same. When compared to the national median property tax bill of $2,400, residents in Port Edwards might find themselves paying more due to the higher rate. This comparison highlights the importance of understanding local tax rates, as they can significantly impact the overall cost of homeownership.

Property Tax Rates Across Port Edwards, Wood County, Wisconsin

Source: Ownwell

1.16%

1.65%

2.14%

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 Port Edwards Tax Rate

2.14%

Median Effective Wood County Tax Rate

1.75%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Port Edwards, Wood County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54469	1.96%	2.06%	2.14%	2.21%	2.27%

Source: Ownwell

Property Tax Assessment Values Across Port Edwards, Wood County, Wisconsin

When examining property taxes in Port Edwards, 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 Wood County Assessor's Office 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.

Assessment notices in Wood County are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Port Edwards.

For example, the median home price in Port Edwards is $125,850, with tax bills ranging significantly across the county. Zip code 54469 has the highest median home price at $125,850.

Property Tax Assessment Values Across Port Edwards, Wood County, Wisconsin

Source: Ownwell

$74,200

$148,750

$223,300

Median Port Edwards Market Value

$125,850

Median Wood County Market Value

$143,800

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Port Edwards, Wood County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54469	$74,720	$97,850	$125,850	$166,050	$216,190

Source: Ownwell

Property Tax Bills Across Port Edwards, Wood County, Wisconsin

In Port Edwards, WI, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, size, and condition. Homeowners in Port Edwards face a median property tax bill of $2,636, slightly above the national median of $2,400. This can be a significant expense, particularly for those with homes at the 75th percentile, where tax bills can reach $3,543, or the 90th percentile, where they can climb to $4,708.

Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering these costs. By analyzing property assessments and identifying discrepancies or overvaluations, Ownwell can help homeowners challenge their tax bills. This process not only saves money but also ensures that homeowners are paying a fair amount. With Ownwell's expertise, residents of Port Edwards can navigate the complexities of property tax appeals and exemptions with confidence, potentially leading to substantial savings.

Property Tax Bills Across Port Edwards, Wood County, Wisconsin

Source: Ownwell

$903

$2,001

$3,099

Median Port Edwards Tax Bill

$2,636

Median Wood County Tax Bill

$2,331

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Port Edwards, Wood County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54469	$1,474	$2,026	$2,636	$3,543	$4,708

Source: Ownwell