Hayward, Washburn County, Wisconsin Property Taxes
Median Hayward, WI effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Hayward, WI home value: $90,700
Median annual Hayward, WI tax bill: $706, $1,694 lower than the national median property tax bill of $2,400.
How are property taxes in Washburn County calculated?
Property taxes in Hayward, 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 Hayward’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hayward, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hayward, Washburn County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$707
$657
Property Tax Rates Across Hayward, Washburn County, Wisconsin
Local government entities set tax rates, which can vary widely within a state. This is primarily because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Hayward, located in Washburn County, Wisconsin, the effective property tax rate is a reflection of this process. Comparing Hayward’s rate to other cities in Wisconsin, you can see how it stands relative to both state and national medians. Wisconsin's median property tax rate is below the national median of 1.02%, and Hayward's rate is a part of this landscape. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively. By being informed, property owners can make strategic decisions, potentially appealing their assessed values or exploring exemptions to reduce their tax burden.
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 Hayward Tax Rate
0.78%
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 Washburn County Tax Rate
1.18%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hayward, Washburn County, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54843 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Hayward, Washburn County, Wisconsin
When examining property taxes in Hayward, 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 Washburn 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 Washburn 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 Hayward. For example, the median home price in Hayward is $90,700, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Hayward, Washburn County, Wisconsin
Source: Ownwell
$19,900
$158,075
$296,250
Median Hayward Market Value
$90,700
Median Washburn County Market Value
$126,300
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hayward, Washburn County, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54843 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Hayward, Washburn County, Wisconsin
In Hayward, Washburn County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value to calculate the annual tax bill. With a median home price of $90,700, homeowners in Hayward can expect their property tax bills to be around $706, which is significantly lower than the national median property tax bill of $2,400. This suggests that Hayward has a relatively low property tax burden compared to many other areas across the United States.
Factors influencing the tax bill include the property's assessed value and the local tax rate. Homeowners may face financial challenges if their property's assessed value increases, leading to higher tax bills. However, Ownwell can assist homeowners by providing property tax appeal and exemption services, potentially lowering their tax obligations. By reviewing property assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying on their property taxes, offering peace of mind and potential savings.
Median Hayward Tax Bill
$706
Median Washburn County Tax Bill
$1,472
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Hayward, Washburn County, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54843 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell