Lac Du Flambeau, Price County, Wisconsin Property Taxes
Median Lac Du Flambeau, WI effective property tax rate: 1.48%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%. Median Lac Du Flambeau, WI home value: $243,350. Median annual Lac Du Flambeau, WI tax bill: $3,334, $934 higher than the national median property tax bill of $2,400.
How are property taxes in Price calculated?
Property taxes in Lac Du Flambeau, 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 Lac Du Flambeau’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lac Du Flambeau, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lac Du Flambeau, Price County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.48%
Estimate Property Tax Bill
$3,602
$3,342
Property Tax Rates Across Lac Du Flambeau, Price County, Wisconsin
Local government entities set tax rates, which can vary widely within a state. This variation stems from each county's annual budget estimation process. Each county assesses its required budget for 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 play a role in setting these rates and budgets, this is the fundamental annual process.
In Lac Du Flambeau, located in Vilas County, Wisconsin, the effective property tax rate is a key figure to consider. The median property tax rate in Wisconsin is 1.48%, which is significantly higher than the national median of 1.02%. This difference highlights the importance of understanding local tax obligations.
Comparing Lac Du Flambeau’s rate to other cities in Wisconsin can provide valuable insights for property owners. Whether you're considering an appeal or exploring exemption services, being informed about how your local tax rate compares to state and national averages is crucial. Understanding these nuances can help you make more informed decisions about your 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 Lac Du Flambeau Tax Rate
1.48%
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 Price County Tax Rate
1.67%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lac Du Flambeau, Price County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54538 | 1.27% | 1.36% | 1.48% | 1.65% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Lac Du Flambeau, Price County, Wisconsin
When examining property taxes in Lac Du Flambeau, 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 Price 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 Price 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 Lac Du Flambeau. For example, the median home price in Lac Du Flambeau is $243,350, with tax bills ranging significantly across the county. Zip code 54538 has the highest median home price at $243,350.
Property Tax Assessment Values Across Lac Du Flambeau, Price County, Wisconsin
Source: Ownwell
$65,750
$154,550
$243,350
Median Lac Du Flambeau Market Value
$243,350
Median Price County Market Value
$88,900
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lac Du Flambeau, Price County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54538 | $103,530 | $157,275 | $243,350 | $312,600 | $401,630 |
Source: Ownwell
Property Tax Bills Across Lac Du Flambeau, Price County, Wisconsin
In Lac du Flambeau, property tax bills are determined by the assessed value of a home multiplied by the local tax rate. The assessed value is an estimate of the home's market value, which can fluctuate based on various factors like property size and location. Homeowners in Lac du Flambeau face a median property tax bill of $3,334, significantly higher than the national median of $2,400. The tax bill can range widely, with the 25th percentile at $2,190 and the 90th percentile reaching $6,108. Such disparities can create financial pressure for homeowners, especially when the tax bill climbs above the national median.
Ownwell assists homeowners in Lac du Flambeau by offering property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell can help reduce the assessed value, thereby lowering tax bills. With expertise in navigating the complexities of property taxation, Ownwell provides a valuable service for homeowners looking to save on their property taxes, ensuring they pay only what is fair and equitable.
Median Lac Du Flambeau Tax Bill
$3,334
Median Price County Tax Bill
$1,546
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Lac Du Flambeau, Price County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54538 | $1,565 | $2,190 | $3,334 | $4,503 | $6,108 |
Source: Ownwell