Ringle, Marathon County, Wisconsin Property Taxes
Median Ringle, WI effective property tax rate: 1.28%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Ringle, WI home value: $217,327
Median annual Ringle, WI tax bill: $2,855, $455 higher than the national median property tax bill of $2,400.
How are property taxes in Marathon calculated?
Property taxes in Ringle, 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 Ringle’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ringle, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ringle, Marathon County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.28%
Estimate Property Tax Bill
$2,782
$2,581
Property Tax Rates Across Ringle, Marathon 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 Ringle’s effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S.
Ringle, located in Marathon County, has a median property tax rate of 1.28%. This is significantly higher than the national median property tax rate of 1.02%, reflecting the region's emphasis on funding local services through property taxes. Homeowners in Ringle might notice that their property tax bills are higher than the national median property tax bill of $2,400. Understanding these rates is crucial for property owners, as it impacts their annual expenses and the overall affordability of owning a home in Ringle. By being informed, homeowners can better navigate the property tax landscape and potentially explore opportunities for tax appeals or exemptions.
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 Ringle Tax Rate
1.28%
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 Marathon County Tax Rate
1.64%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ringle, Marathon County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54471 | 1.17% | 1.22% | 1.28% | 1.53% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Ringle, Marathon County, Wisconsin
When examining property taxes in Ringle, 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 Marathon 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 Marathon 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 Ringle. For example, the median home price in Ringle is $217,327, with tax bills ranging significantly across the county. Zip code 54471 has the highest median home price at $217,327.
Property Tax Assessment Values Across Ringle, Marathon County, Wisconsin
Source: Ownwell
$15,598
$132,757
$249,915
Median Ringle Market Value
$217,327
Median Marathon County Market Value
$164,200
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ringle, Marathon County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54471 | $41,773 | $152,031 | $217,327 | $291,778 | $412,256 |
Source: Ownwell
Property Tax Bills Across Ringle, Marathon County, Wisconsin
In Ringle, property tax bills are calculated based on the assessed value of your home and the local tax rate set by Marathon County. The assessed value is typically a percentage of the market value of the property. Homeowners in Ringle experience a median property tax bill of $2,855, which is slightly above the national median of $2,400. Factors influencing the tax bill include the property's location, size, and any improvements made. Additionally, local government budgets and school district funding needs can impact the tax rate.
For homeowners, these taxes can represent a significant financial burden, especially when the tax bill reaches the 90th percentile at $5,542. This is where Ownwell can make a difference. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills. Our team analyzes your property’s assessed value, identifies potential discrepancies, and files appeals on your behalf. This approach can lead to substantial savings, making homeownership more affordable in Ringle.
Median Ringle Tax Bill
$2,855
Median Marathon County Tax Bill
$2,706
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Ringle, Marathon County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54471 | $581 | $1,904 | $2,855 | $4,151 | $5,542 |
Source: Ownwell