Rio, Columbia County, Wisconsin Property Taxes

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

Median RIO, WI effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median RIO, WI home value: $187,611
Median annual RIO, WI tax bill: $2,793, $393 higher than the national median property tax bill of $2,400.

How are property taxes in Columbia calculated?

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

Last Updated March 1, 2025

Rio, Columbia County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.34%

Estimate Property Tax Bill

$2,514

$2,333

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

Property Tax Rates Across Rio, Columbia County, Wisconsin

Local government entities set tax rates, which can vary widely within a state. The reason behind this variation is the annual budget estimation process. Each county determines its necessary budget to provide essential 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, this is the annual process in a nutshell.

In RIO, located in 55021, WI, the property tax landscape is quite unique. The effective property tax rate here can be compared to other cities within Wisconsin and the broader U.S. context. With a median property tax rate of 1.34%, RIO's rate surpasses the national median of 1.02%. This difference highlights the importance of understanding local tax structures. By comparing these rates, property owners can gain insights into how their taxes stack up against other regions, aiding in financial planning and decision-making. Understanding these nuances is crucial for homeowners aiming to optimize their property tax obligations.

Property Tax Rates Across Rio, Columbia County, Wisconsin

Source: Ownwell

1.02%

1.47%

1.93%

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 Rio Tax Rate

1.34%

Median Effective Columbia County Tax Rate

1.43%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Rio, Columbia County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
53960	1.21%	1.31%	1.34%	1.56%	1.81%

Source: Ownwell

Property Tax Assessment Values Across Rio, Columbia County, Wisconsin

When examining property taxes in RIO, 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 Columbia County Assessor 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 Columbia 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 RIO.

For example, the median home price in RIO is $187,611, with tax bills ranging significantly across the county. 53960 has the highest median home price at $187,611.

Property Tax Assessment Values Across Rio, Columbia County, Wisconsin

Source: Ownwell

$127,755

$236,353

$344,951

Median Rio Market Value

$187,611

Median Columbia County Market Value

$201,380

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Rio, Columbia County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
53960	$61,621	$144,084	$187,611	$269,571	$516,037

Source: Ownwell

Property Tax Bills Across Rio, Columbia County, Wisconsin

In Rio, Columbia County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The median home price in the area is $187,611. Homeowners in Rio typically face property tax bills ranging from the 25th percentile at $2,422 to the 75th percentile at $3,644, with some reaching the 90th percentile at $7,710. The highest and lowest median tax bills in the area are both $2,793, which is slightly above the national median property tax bill of $2,400. Factors influencing these bills include the home's assessed value, local tax rates, and any applicable exemptions. High property taxes can significantly impact homeowners' financial situations, making it crucial to ensure accurate assessments. Ownwell can assist homeowners in Rio by reviewing their property tax assessments, identifying potential errors, and filing appeals to reduce tax liabilities. By leveraging expertise in property tax laws and local market conditions, Ownwell helps homeowners potentially save hundreds or even thousands on their property tax bills.

Property Tax Bills Across Rio, Columbia County, Wisconsin

Source: Ownwell

$2,082

$3,486

$4,889

Median Rio Tax Bill

$2,793

Median Columbia County Tax Bill

$2,882

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Rio, Columbia County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
53960	$1,320	$2,422	$2,793	$3,644	$7,710

Source: Ownwell