Cornell, Chippewa County, Wisconsin Property Taxes

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

Median Cornell, WI effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Cornell, WI home value: $115,750
Median annual Cornell, WI tax bill: $1,324, $1,076 lower than the national median property tax bill of $2,400.

How are property taxes in Chippewa calculated?

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

Last Updated March 1, 2025

Cornell, Chippewa County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.19%

Estimate Property Tax Bill

$1,377

$1,278

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

Property Tax Rates Across Cornell, Chippewa County, Wisconsin

Local government entities determine tax rates, leading to significant variations within a state. This occurs because each county annually calculates its budget 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 setting tax rates and budgets involves votes and laws, this is the basic annual process. In Cornell, situated in Chippewa County, Wisconsin, the effective property tax rate is a point of interest for property owners. The median property tax rate in Wisconsin is 1.19%, which is above the national median of 1.02%. This comparison highlights the impact of local tax policies on property owners. Cornell's property tax rate is reflective of the county's approach to meeting budgetary needs while balancing the tax burden on its residents. Understanding these rates is crucial for property owners as they navigate their financial responsibilities. Comparing Cornell's rate to other cities in Wisconsin and the national median provides valuable insight into local tax dynamics and helps property owners make informed decisions about their investments.

Property Tax Rates Across Cornell, Chippewa County, Wisconsin

Source: Ownwell

0.84%

1.16%

1.48%

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 Cornell Tax Rate

1.19%

Median Effective Chippewa County Tax Rate

1.09%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cornell, Chippewa County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54732	0.86%	0.98%	1.19%	1.28%	1.35%

Source: Ownwell

Property Tax Assessment Values Across Cornell, Chippewa County, Wisconsin

When examining property taxes in Cornell, 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 Chippewa 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. Assessment notices: In Chippewa 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 Cornell. For example, the median home price in Cornell is $115,750, with tax bills ranging significantly across the county. 54732 has the highest median home price at $115,750.

Property Tax Assessment Values Across Cornell, Chippewa County, Wisconsin

Source: Ownwell

$105,200

$194,125

$283,050

Median Cornell Market Value

$115,750

Median Chippewa County Market Value

$187,500

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cornell, Chippewa County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54732	$25,050	$72,575	$115,750	$164,825	$223,670

Source: Ownwell

Property Tax Bills Across Cornell, Chippewa County, Wisconsin

In Cornell, located in Chippewa County, WI, property tax bills are calculated based on the assessed value of the property, which is determined by local assessors. The tax rate is applied to this assessed value to determine the annual tax bill. With a median home price of $115,750, the property tax bill can vary significantly. The 25th percentile tax bill is $786, while the 75th percentile reaches $1,906, and the 90th percentile can be as high as $2,583. These figures indicate that property taxes in Cornell can be relatively burdensome compared to the national median property tax bill of $2,400. Factors such as property location, improvements, and market conditions can influence the assessed value, directly impacting the tax bill. Homeowners in Cornell can benefit from Ownwell's expertise in property tax appeals and exemptions. By leveraging local knowledge and understanding of property tax laws, Ownwell can help homeowners reduce their tax liabilities, ensuring they pay only their fair share.

Property Tax Bills Across Cornell, Chippewa County, Wisconsin

Source: Ownwell

$938

$1,869

$2,799

Median Cornell Tax Bill

$1,324

Median Chippewa County Tax Bill

$2,187

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Cornell, Chippewa County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54732	$243	$786	$1,324	$1,906	$2,583

Source: Ownwell