Stone Lake, Washburn County, Wisconsin Property Taxes
Median Stone Lake, WI effective property tax rate: 0.98%, slightly lower than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Stone Lake, WI home value: $215,350
Median annual Stone Lake, WI tax bill: $2,213, $187 lower than the national median property tax bill of $2,400.
How are property taxes in Washburn County calculated?
Property taxes in Stone Lake, 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 Stone Lake’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stone Lake, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stone Lake, Washburn County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.98%
Estimate Property Tax Bill
$2,110
$1,958
Property Tax Rates Across Stone Lake, Washburn County, Wisconsin
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services, which is then divided by the total value of all taxable property within its jurisdiction. This process results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Stone Lake, located in Washburn County, Wisconsin, the effective property tax rate is 0.98%, which aligns with the highest and lowest rates in the state. This rate is slightly below the national median property tax rate of 1.02%. When comparing property tax bills, Stone Lake’s residents might find some relief as the national median property tax bill is $2,400. Understanding how Stone Lake’s property tax rate compares to both state and national averages can provide residents with valuable insights into their financial obligations and potential savings. Whether you are considering an appeal or seeking exemptions, knowing these figures can help you make informed decisions about your property tax responsibilities.
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 Stone Lake Tax Rate
0.98%
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 Stone Lake, Washburn County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54876 | 0.98% | 0.98% | 0.98% | 1.18% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Stone Lake, Washburn County, Wisconsin
When examining property taxes in Stone Lake, 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 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 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 Stone Lake.
For example, the median home price in Stone Lake is $215,350, with tax bills ranging significantly across the county. 54876 has the highest median home price at $215,350.
Property Tax Assessment Values Across Stone Lake, Washburn County, Wisconsin
Source: Ownwell
$19,900
$158,075
$296,250
Median Stone Lake Market Value
$215,350
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 Stone Lake, Washburn County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54876 | $133,660 | $191,500 | $215,350 | $229,250 | $277,510 |
Source: Ownwell
Property Tax Bills Across Stone Lake, Washburn County, Wisconsin
In Stone Lake, located in Washburn County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price here is $215,350, with property tax bills ranging from $1,878 at the 25th percentile to $3,159 at the 90th percentile. The median tax bill stands at $2,213, which is slightly below the national median property tax bill of $2,400. Factors such as the assessed value of the property and local tax levies contribute to the final tax bill, impacting homeowners by determining their annual financial obligations.
Ownwell offers valuable assistance to homeowners in Stone Lake by providing property tax appeal and exemption services. By leveraging expert knowledge and experience, Ownwell helps homeowners ensure their property assessments are fair and accurate, potentially reducing their tax bills. This not only aids in financial savings but also provides peace of mind, knowing that one's property taxes are being managed effectively and efficiently.
Median Stone Lake Tax Bill
$2,213
Median Washburn County Tax Bill
$1,472
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Stone Lake, Washburn County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54876 | $1,580 | $1,878 | $2,213 | $2,507 | $3,159 |
Source: Ownwell