New Richmond, St. Croix County, Wisconsin Property Taxes
Property Taxes in New Richmond, Wisconsin
Median New Richmond, Wisconsin effective property tax rate: 1.38%, significantly lower than the national median of 1.02%, and lower than the Wisconsin state median of 1.43%.
Median New Richmond, Wisconsin home value: $290,800
Median annual New Richmond, Wisconsin tax bill: $3,975, higher than the national median property tax bill of $2,400.
How are property taxes in St. Croix calculated?
Property taxes in New Richmond, Wisconsin 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 New Richmond's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Richmond, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
New Richmond, St. Croix County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.38%
Estimate Property Tax Bill
$4,013
$3,724
How Does the New Richmond Property Tax Calculator Work?
Use this New Richmond property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies New Richmond's median effective tax rate of 1.38% — based on actual property records in St. Croix County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies New Richmond's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within New Richmond: rates range from 1.38% in 54017 to 1.38% in 54017, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across New Richmond.
About New Richmond Property Taxes
About Property Taxes in New Richmond, St. Croix, Wisconsin
New Richmond's median effective property tax rate of 1.38% is lower than the Wisconsin state median of 1.43% and higher than the national median of 1.02%. This rate reflects the St. Croix County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across New Richmond. Homeowners in the 54017 ZIP code carry a median effective rate of 1.38%, while those in 54017 pay 1.38%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across St. Croix County. Understanding which part of New Richmond you live in can make a meaningful difference to your annual tax bill.
New Richmond homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the May 25, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across New Richmond, St. Croix County, Wisconsin
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare New Richmond's effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S.
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 New Richmond Tax Rate
1.38%
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 St. Croix County Tax Rate
1.40%
Median Effective Wisconsin Tax Rate
1.43%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Richmond, St. Croix County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54017 | 1.20% | 1.29% | 1.38% | 1.47% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across New Richmond, St. Croix County, Wisconsin
When examining property taxes in New Richmond, 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 St. Croix County assessment office 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.
Assessment notices:
In St. Croix County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities in New Richmond.
For example, the median home price in New Richmond is $290,800, with tax bills ranging significantly across the county. ZIP code 54017 has the highest median home price at $290,800.
Property Tax Assessment Values Across New Richmond, St. Croix County, Wisconsin
Source: Ownwell
$162,600
$291,000
$419,400
Median New Richmond Market Value
$290,800
Median St. Croix County Market Value
$290,750
Median Wisconsin Market Value
$237,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Richmond, St. Croix County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54017 | $180,000 | $229,700 | $290,800 | $376,950 | $474,900 |
Source: Ownwell
Property Tax Bills Across New Richmond, St. Croix County, Wisconsin
Property tax bills in New Richmond are calculated by multiplying a home’s assessed value by the local tax rate, then applying any exemptions or adjustments that reduce the taxable amount. The assessed value is based on the market value of the property, and local taxing authorities use that value to determine how much each homeowner owes.
Several factors can affect the final bill, including the home’s location, the services funded by property taxes, and changes in assessed value over time. For homeowners, this means a tax bill can rise even if the home has not been sold, especially when local assessments increase or tax rates change.
In New Richmond, the median home price is $290,800, and the median property tax bill is $3,975, which is above the national median property tax bill of $2,400. Bills can vary widely, with the 25th percentile at $3,168 and the 75th percentile at $5,070, showing how much property taxes can differ from one homeowner to another.
Property Tax Bills Across New Richmond, St. Croix County, Wisconsin
Source: Ownwell
$2,401
$3,605
$4,809
Median New Richmond Tax Bill
$3,975
Median St. Croix County Tax Bill
$4,071
Median Wisconsin Tax Bill
$3,453
Median United States Tax Bill
$2,400
Property Tax Bills Across New Richmond, St. Croix County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54017 | $2,485 | $3,168 | $3,975 | $5,070 | $6,440 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 6 |
Links | |
|---|---|
| St. Croix Tax Assessor | |
| Website | beacon.schneidercorp.com |