Scandinavia, Portage County, Wisconsin Property Taxes

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

Median Scandinavia, WI effective property tax rate: 1.47%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Scandinavia, WI home value: $204,600
Median annual Scandinavia, WI tax bill: $3,009, $609 higher than the national median property tax bill of $2,400.

How are property taxes in Portage calculated?

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

Last Updated March 1, 2025

Scandinavia, Portage County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.47%

Estimate Property Tax Bill

$3,008

$2,791

Ownwell’s Scandinavia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Scandinavia with just two data points. By entering your property's estimated assessed value, our calculator applies Scandinavia’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 Scandinavia, Portage County, Wisconsin

Local government entities in Wisconsin set property tax rates, which can vary widely within the state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process. In Scandinavia, located in Portage County, the effective property tax rate stands at 1.47%, which is notably higher than the national median of 1.02%. This rate reflects the county's need to fund services such as education, infrastructure, and public safety. When comparing Scandinavia’s property tax rate to other cities in Wisconsin, it matches the state's highest and lowest median rates, both recorded in the 54977 zip code. Despite the higher rate, the property tax bill in Scandinavia supports a range of community benefits, making it a crucial aspect of local governance and public service funding.

Property Tax Rates Across Scandinavia, 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 Scandinavia Tax Rate

1.47%

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 Scandinavia, Portage County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54977	1.11%	1.31%	1.47%	1.52%	1.56%

Source: Ownwell

Property Tax Assessment Values Across Scandinavia, Portage County, Wisconsin

When examining property taxes in Scandinavia, 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 Scandinavia. For example, the median home price in Scandinavia is $204,600, with tax bills ranging significantly across the county. Zip code 54977 has the highest median home price at $204,600.

Property Tax Assessment Values Across Scandinavia, Portage County, Wisconsin

Source: Ownwell

$103,500

$214,700

$325,900

Median Scandinavia Market Value

$204,600

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 Scandinavia, Portage County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54977	$97,480	$136,100	$204,600	$263,100	$336,100

Source: Ownwell

Property Tax Bills Across Scandinavia, Portage County, Wisconsin

In Scandinavia, located in Portage County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. With a median home price of $204,600, homeowners in Scandinavia can expect varying tax bills. For instance, at the 25th percentile, the tax bill is approximately $1,748, while at the 75th percentile, it reaches $3,702. The 90th percentile sees bills as high as $4,597. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Scandinavia's tax bills can be significantly higher, impacting homeowners financially. Ownwell offers a solution by assisting homeowners in appealing their property tax assessments, potentially lowering their tax bills. By leveraging expert knowledge and experience, Ownwell helps ensure that homeowners pay only their fair share, providing peace of mind and potential savings.

Property Tax Bills Across Scandinavia, Portage County, Wisconsin

Source: Ownwell

$1,301

$2,722

$4,142

Median Scandinavia Tax Bill

$3,009

Median Portage County Tax Bill

$2,873

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Scandinavia, Portage County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54977	$1,473	$1,748	$3,009	$3,702	$4,597

Source: Ownwell