Sherwood, Calumet County, Wisconsin Property Taxes

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

Median Sherwood, WI effective property tax rate: 1.27%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Sherwood, WI home value: $173,500
Median annual Sherwood, WI tax bill: $2,089, $311 lower than the national median property tax bill of $2,400.

How are property taxes in Calumet calculated?

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

Last Updated March 1, 2025

Sherwood, Calumet County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.27%

Estimate Property Tax Bill

$2,203

$2,045

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

Property Tax Rates Across Sherwood, Calumet County, Wisconsin

Local government entities in Wisconsin set tax rates, which can vary widely within the state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Sherwood, located in Calumet County, the effective property tax rate is 1.27%, which is higher than the national median property tax rate of 1.02%. This means homeowners in Sherwood might pay more in property taxes compared to other areas in the U.S. However, the rate is consistent with the highest and lowest median tax rates within the state, both recorded at 1.27%. This indicates a uniformity in property tax rates across different regions within Wisconsin. When considering property taxes in Sherwood, it’s beneficial to compare these rates with other cities in Wisconsin and the national median to understand the financial implications for homeowners.

Property Tax Rates Across Sherwood, Calumet County, Wisconsin

Source: Ownwell

1.27%

1.77%

2.26%

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 Sherwood Tax Rate

1.27%

Median Effective Calumet County Tax Rate

1.87%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sherwood, Calumet County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54169	1.02%	1.23%	1.27%	1.28%	1.29%

Source: Ownwell

Property Tax Assessment Values Across Sherwood, Calumet County, Wisconsin

When examining property taxes in Sherwood, 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 Calumet 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 Calumet County, assessment notices 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 Sherwood. For example, the median home price in Sherwood is $173,500, with tax bills ranging significantly across the county. Zip code 54169 has the highest median home price at $173,500.

Property Tax Assessment Values Across Sherwood, Calumet County, Wisconsin

Source: Ownwell

$159,087

$193,694

$228,300

Median Sherwood Market Value

$173,500

Median Calumet County Market Value

$194,187

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sherwood, Calumet County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54169	$71,383	$81,793	$173,500	$283,271	$403,253

Source: Ownwell

Property Tax Bills Across Sherwood, Calumet County, Wisconsin

In Sherwood, Calumet County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the tax bill. With a median home price of $173,500, homeowners in Sherwood face a range of property tax bills. The 25th percentile tax bill stands at $980, while those at the 75th percentile pay $3,628, and the 90th percentile sees a tax bill of $5,180. Compared to the national median property tax rate of 1.02%, Sherwood's rates reflect the region's unique economic and market conditions. Homeowners can find themselves paying significantly more than the national median property tax bill of $2,400, especially at the higher percentiles. Ownwell can assist homeowners in Sherwood by providing expert property tax appeal and exemption services, potentially reducing their tax burden and ensuring they are not overpaying. With Ownwell's guidance, homeowners can navigate the complexities of property tax assessments and secure potential savings.

Property Tax Bills Across Sherwood, Calumet County, Wisconsin

Source: Ownwell

$2,089

$3,832

$5,574

Median Sherwood Tax Bill

$2,089

Median Calumet County Tax Bill

$3,772

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Sherwood, Calumet County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54169	$813	$980	$2,089	$3,628	$5,180

Source: Ownwell