Wabeno, Forest County, Wisconsin Property Taxes

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

Median Wabeno, WI effective property tax rate: 1.10%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Wabeno, WI home value: $122,100
Median annual Wabeno, WI tax bill: $1,321, $1,079 lower than the national median property tax bill of $2,400.

How are property taxes in Forest County calculated?

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

Last Updated March 1, 2025

Wabeno, Forest County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$1,343

$1,246

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

Property Tax Rates Across Wabeno, Forest County, Wisconsin

Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budget needs to provide essential services and then divides this amount by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the fundamental process followed each year. In Wabeno, located in Forest County, Wisconsin, you can compare the effective property tax rate to other cities in Wisconsin and the median property tax rates in both the state and the U.S. The property tax rate in Wabeno is reflective of the county's budgetary requirements and the total assessed property value. While Wisconsin's median property tax rate is slightly above the national median, it provides a useful benchmark for understanding how local rates compare. By examining these rates, property owners can gain insight into how their taxes are determined and how they align with broader state and national trends.

Property Tax Rates Across Wabeno, Forest County, Wisconsin

Source: Ownwell

0.88%

1.09%

1.30%

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 Wabeno Tax Rate

1.10%

Median Effective Forest County Tax Rate

1.07%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wabeno, Forest County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54566	0.89%	1.01%	1.10%	1.13%	1.17%

Source: Ownwell

Property Tax Assessment Values Across Wabeno, Forest County, Wisconsin

When examining property taxes in Wabeno, 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 Forest 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 Forest County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Wabeno. For example, the median home price in Wabeno is $122,100, with tax bills ranging significantly across the county. Zip code 54566 has the highest median home price at $122,100.

Property Tax Assessment Values Across Wabeno, Forest County, Wisconsin

Source: Ownwell

$79,100

$235,250

$391,400

Median Wabeno Market Value

$122,100

Median Forest County Market Value

$124,600

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wabeno, Forest County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54566	$30,930	$64,425	$122,100	$196,450	$269,640

Source: Ownwell

Property Tax Bills Across Wabeno, Forest County, Wisconsin

In Wabeno, property tax bills are calculated based on the assessed value of a property relative to the local tax rate. The median home price in Wabeno is $122,100, and the median property tax bill is approximately $1,321. This is notably below the national median property tax bill of $2,400. Factors influencing the tax bill include the property's assessed value and local tax rate, which can vary annually. For homeowners, this means their financial obligations can fluctuate based on changes in these assessments and rates. With tax bills ranging from $652 at the 25th percentile to $3,111 at the 90th percentile, understanding and managing these costs is crucial. Ownwell offers expertise to help homeowners navigate these variables, ensuring they are not overpaying on their property taxes. By appealing assessments and identifying potential exemptions, Ownwell can significantly reduce the financial burden on homeowners, providing peace of mind and potential savings.

Property Tax Bills Across Wabeno, Forest County, Wisconsin

Source: Ownwell

$700

$2,413

$4,125

Median Wabeno Tax Bill

$1,321

Median Forest County Tax Bill

$1,403

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Wabeno, Forest County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54566	$290	$652	$1,321	$2,231	$3,111

Source: Ownwell