Amherst, Portage County, Wisconsin Property Taxes

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

Median AMHERST, WI effective property tax rate: 1.53%, significantly higher than the national median of 1.02%, but lower than the WI state median of 1.58%.
Median AMHERST, WI home value: $201,500
Median annual AMHERST, WI tax bill: $2,973, $573 higher than the national median property tax bill of $2,400.

How are property taxes in Portage calculated?

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

Last Updated March 1, 2025

Amherst, Portage County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.53%

Estimate Property Tax Bill

$3,083

$2,861

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

Property Tax Rates Across Amherst, Portage County, Wisconsin

Local government entities set tax rates, which can differ significantly within a state. 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 votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Amherst, located in Portage County, Wisconsin, the effective property tax rate is 1.53%, which is notably higher than the national median property tax rate of 1.02%. This places Amherst among the cities with the highest property tax rates in the state. Homeowners in Amherst can expect to pay a higher property tax bill compared to the national median of $2400. Such a rate can impact the financial planning of homeowners, making it essential to explore potential savings through property tax appeals or exemptions. Understanding these rates can help residents make informed decisions about their property investments and manage their financial obligations effectively.

Property Tax Rates Across Amherst, Portage County, Wisconsin

Source: Ownwell

1.19%

1.61%

2.03%

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 Amherst Tax Rate

1.53%

Median Effective Portage County Tax Rate

1.54%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Amherst, Portage County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54406	1.20%	1.47%	1.53%	1.60%	1.69%

Source: Ownwell

Property Tax Assessment Values Across Amherst, Portage County, Wisconsin

When examining property taxes in Amherst, 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 Portage 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 Portage 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 Amherst. For example, the median home price in Amherst is $201,500, with tax bills ranging significantly across the county. Zip code 54406 has the highest median home price at $201,500.

Property Tax Assessment Values Across Amherst, Portage County, Wisconsin

Source: Ownwell

$103,500

$214,700

$325,900

Median Amherst Market Value

$201,500

Median Portage County Market Value

$182,500

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Amherst, Portage County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54406	$41,040	$128,950	$201,500	$275,700	$366,640

Source: Ownwell

Property Tax Bills Across Amherst, Portage County, Wisconsin

In Amherst, located in Portage County, Wisconsin, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the total tax bill. Homeowners in Amherst experience varying tax bills, with the 25th percentile paying around $1,931 and the 75th percentile reaching up to $4,190. The 90th percentile can see bills as high as $5,559. The median home price in the area is $201,500, which influences the assessed value and, consequently, the tax bill. Compared to the national median property tax bill of $2,400, Amherst homeowners might find their tax bills slightly higher or lower depending on their home's assessed value. Factors such as local government budgets and school funding needs also impact these rates. Ownwell assists homeowners by providing property tax appeal services, potentially lowering tax bills by ensuring accurate assessments and identifying applicable exemptions. This service can lead to significant savings, making homeownership more affordable in Amherst.

Property Tax Bills Across Amherst, Portage County, Wisconsin

Source: Ownwell

$1,301

$2,722

$4,142

Median Amherst Tax Bill

$2,973

Median Portage County Tax Bill

$2,873

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Amherst, Portage County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54406	$586	$1,931	$2,973	$4,190	$5,559

Source: Ownwell