Wautoma, Marquette County, Wisconsin Property Taxes
Median Wautoma, WI effective property tax rate: 1.30%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Wautoma, WI home value: $440,900
Median annual Wautoma, WI tax bill: $5,651, $3,251 higher than the national median property tax bill of $2,400.
How are property taxes in Marquette calculated?
Property taxes in Wautoma, 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 Wautoma’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wautoma, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wautoma, Marquette County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.3%
Estimate Property Tax Bill
$5,732
$5,319
Property Tax Rates Across Wautoma, Marquette County, Wisconsin
Local government entities are responsible for setting tax rates, which can significantly differ across various regions within a state. The process involves each county estimating its necessary budget to provide essential services and dividing that by the total value of all taxable properties within its boundaries. This calculation determines the property tax rate. While votes and legislation play a role in establishing these rates and budgets, this is the core of the annual procedure.
Comparing the effective property tax rate in Wautoma, located in Marquette County, Wisconsin, reveals intriguing insights. Wautoma's tax rate aligns with the county's median rate of 1.30%, which is notably higher than the national median property tax rate of 1.02%. This means that property owners in Wautoma face a higher tax burden compared to the national average. However, within Wisconsin, the tax rate remains consistent, as both the highest and lowest median tax rates in the state are also 1.30%. Understanding these rates is crucial for property owners considering tax appeals or exemptions, as it provides a benchmark for evaluating their property tax obligations.
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 Wautoma Tax Rate
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 Marquette County Tax Rate
1.32%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wautoma, Marquette County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54982 | 1.29% | 1.29% | 1.30% | 1.30% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Wautoma, Marquette County, Wisconsin
When examining property taxes in Wautoma, Wisconsin, 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 Marquette 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 Marquette 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 Wautoma.
For example, the median home price in Wautoma is $440,900, with tax bills ranging significantly across the county. Zip code 54982 has the highest median home price at $440,900.
Property Tax Assessment Values Across Wautoma, Marquette County, Wisconsin
Source: Ownwell
$97,100
$269,000
$440,900
Median Wautoma Market Value
$440,900
Median Marquette County Market Value
$127,100
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wautoma, Marquette County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54982 | $230,760 | $332,200 | $440,900 | $513,275 | $652,080 |
Source: Ownwell
Property Tax Bills Across Wautoma, Marquette County, Wisconsin
Median Wautoma Tax Bill
$5,651
Median Marquette County Tax Bill
$1,806
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Wautoma, Marquette County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54982 | $3,043 | $4,299 | $5,651 | $6,666 | $8,479 |
Source: Ownwell