Star Prairie, Polk County, Wisconsin Property Taxes
Median Star Prairie, WI effective property tax rate: 1.06%, slightly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Star Prairie, WI home value: $310,200
Median annual Star Prairie, WI tax bill: $3,347, $947 higher than the national median property tax bill of $2,400.
How are property taxes in Polk County calculated?
Property taxes in Star Prairie, 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 Star Prairie’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Star Prairie, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Star Prairie, Polk County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.06%
Estimate Property Tax Bill
$3,288
$3,051
Property Tax Rates Across Star Prairie, Polk County, Wisconsin
Local government entities set property tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services annually and dividing that by the total value of all taxable property within its jurisdiction. This calculation results 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 Star Prairie, located in Polk County, Wisconsin, the effective property tax rate is 1.06%. This rate is slightly above the national median property tax rate of 1.02%. Comparing it to the state's median tax rate, Star Prairie's rate aligns with the Wisconsin state median, which also stands at 1.06%. This rate reflects the local government's approach to balancing its budgetary needs with the community's property values. Understanding these rates helps property owners anticipate their tax obligations and plan accordingly. By assessing the effective property tax rate in Star Prairie, residents can gain insight into how their contributions support local services and infrastructure.
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 Star Prairie Tax Rate
1.06%
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 Polk County Tax Rate
1.13%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Star Prairie, Polk County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54026 | 0.98% | 1.03% | 1.06% | 1.10% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Star Prairie, Polk County, Wisconsin
When examining property taxes in Star Prairie, 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 Polk 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 Polk 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 Star Prairie. For example, the median home price in Star Prairie is $310,200, with tax bills ranging significantly across the county. Zip code 54026 has the highest median home price at $310,200.
Property Tax Assessment Values Across Star Prairie, Polk County, Wisconsin
Source: Ownwell
$66,950
$209,075
$351,200
Median Star Prairie Market Value
$310,200
Median Polk County Market Value
$219,000
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Star Prairie, Polk County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54026 | $100,150 | $211,450 | $310,200 | $423,575 | $540,720 |
Source: Ownwell
Property Tax Bills Across Star Prairie, Polk County, Wisconsin
Median Star Prairie Tax Bill
$3,347
Median Polk County Tax Bill
$2,629
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Star Prairie, Polk County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54026 | $968 | $2,227 | $3,347 | $4,581 | $5,939 |
Source: Ownwell
