Oconto Falls, Oconto County, Wisconsin Property Taxes
Median Oconto Falls, WI effective property tax rate: 1.52%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Oconto Falls, WI home value: $151,100
Median annual Oconto Falls, WI tax bill: $2,390, $10 lower than the national median property tax bill of $2,400.
How are property taxes in Oconto calculated?
Property taxes in Oconto Falls, 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 Oconto Falls’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oconto Falls, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Oconto Falls, Oconto County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.52%
Estimate Property Tax Bill
$2,297
$2,131
Property Tax Rates Across Oconto Falls, Oconto County, Wisconsin
Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget annually to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Oconto Falls, located in Oconto County, Wisconsin, the effective property tax rate is 1.52%. This rate is higher than the national median property tax rate of 1.02%. It reflects the specific budgetary needs and property values in the area. When compared to other cities in Wisconsin, Oconto Falls stands out with its rate, which is also the highest and lowest median tax rate within the zip code 54154. This highlights the unique economic and governmental factors at play in Oconto Falls.
Understanding these rates can help property owners anticipate their tax bills and explore potential savings through 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 Oconto Falls Tax Rate
1.52%
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 Oconto County Tax Rate
1.20%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Oconto Falls, Oconto County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54154 | 1.17% | 1.33% | 1.52% | 1.86% | 2.04% |
Source: Ownwell
Property Tax Assessment Values Across Oconto Falls, Oconto County, Wisconsin
When examining property taxes in Oconto Falls, 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 Oconto 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 Oconto 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 Oconto Falls.
For example, the median home price in Oconto Falls is $151,100, with tax bills ranging significantly across the county. ZIP code 54154 has the highest median home price at $151,100.
Property Tax Assessment Values Across Oconto Falls, Oconto County, Wisconsin
Source: Ownwell
$86,650
$194,725
$302,800
Median Oconto Falls Market Value
$151,100
Median Oconto County Market Value
$159,700
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Oconto Falls, Oconto County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54154 | $66,180 | $101,000 | $151,100 | $224,100 | $294,560 |
Source: Ownwell
Property Tax Bills Across Oconto Falls, Oconto County, Wisconsin
Median Oconto Falls Tax Bill
$2,390
Median Oconto County Tax Bill
$2,049
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Oconto Falls, Oconto County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54154 | $923 | $1,666 | $2,390 | $3,396 | $4,486 |
Source: Ownwell