Algoma, Door County, Wisconsin Property Taxes

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

Median ALGOMA, WI effective property tax rate: 1.41%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median ALGOMA, WI home value: $237,500
Median annual ALGOMA, WI tax bill: $2,863, $463 higher than the national median property tax bill of $2,400.

How are property taxes in Door County calculated?

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

Last Updated March 1, 2025

Algoma, Door County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.41%

Estimate Property Tax Bill

$3,349

$3,108

Ownwell’s Algoma Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Algoma with just two data points. By entering your property's estimated assessed value, our calculator applies Algoma’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Door 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 Door County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Algoma, Door County, Wisconsin

Local government entities set tax rates, which can vary widely within a state. Why? Because 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. Below, you can compare Algoma’s effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S.

Algoma, located in Door County, has a property tax rate of 1.41%. This rate is notably higher than the national median property tax rate of 1.02%. The median property tax bill, however, can vary significantly based on the assessed value of individual properties. In comparison to the national median property tax bill of $2,400, Algoma's property tax rate suggests that homeowners could be paying more than the national average, depending on their property's assessed value. Understanding these differences is crucial for homeowners looking to optimize their property tax payments.

Property Tax Rates Across Algoma, Door County, Wisconsin

Source: Ownwell

0.91%

1.16%

1.41%

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 Algoma Tax Rate

1.41%

Median Effective Door County Tax Rate

1.06%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Algoma, Door County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54201	0.14%	1.41%	1.41%	1.41%	1.45%

Source: Ownwell

Property Tax Assessment Values Across Algoma, Door County, Wisconsin

When examining property taxes in Algoma, 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 Door 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 Door 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 Algoma.

For example, the median home price in Algoma is $237,500, with tax bills ranging significantly across the county. Zip code 54201 has the highest median home price at $237,500.

Property Tax Assessment Values Across Algoma, Door County, Wisconsin

Source: Ownwell

$154,750

$240,175

$325,600

Median Algoma Market Value

$237,500

Median Door County Market Value

$231,500

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Algoma, Door County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54201	$138,100	$160,000	$237,500	$345,600	$431,800

Source: Ownwell

Property Tax Bills Across Algoma, Door County, Wisconsin

In Algoma, located in Door County, WI, property tax bills are calculated based on the assessed value of the home and the local tax rate. The median home price in the area is $237,500, and the tax bill can vary significantly. For example, the 25th percentile tax bill is $2,001, while the 75th percentile reaches $4,863, and the 90th percentile climbs to $6,077. The highest and lowest median tax bills within the zip code 54201 both stand at $2,863. These figures highlight the variability in property tax burdens that homeowners in Algoma might face. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Algoma's tax bills can be higher, impacting homeowners' finances. Ownwell offers specialized services to help homeowners in Algoma save on their property tax bills. By providing expert guidance on appealing property assessments and identifying potential exemptions, Ownwell can potentially reduce the financial burden on homeowners, ensuring they pay only what is necessary.

Property Tax Bills Across Algoma, Door County, Wisconsin

Source: Ownwell

$1,431

$2,303

$3,174

Median Algoma Tax Bill

$2,863

Median Door County Tax Bill

$2,726

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Algoma, Door County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54201	$408	$2,001	$2,863	$4,863	$6,077

Source: Ownwell