Larsen, Winnebago County, Wisconsin Property Taxes
Median Larsen, WI effective property tax rate: 1.21%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Larsen, WI home value: $234,063
Median annual Larsen, WI tax bill: $2,978, $578 higher than the national median property tax bill of $2,400.
How are property taxes in Winnebago calculated?
Property taxes in Larsen, 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 Larsen’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Larsen, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Larsen, Winnebago County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.21%
Estimate Property Tax Bill
$2,832
$2,628
Property Tax Rates Across Larsen, Winnebago County, Wisconsin
Local government entities in Wisconsin set property tax rates, which can vary widely across the state. Each year, counties like Winnebago calculate their budgets to fund essential services and then divide this by the total assessed value of all taxable properties within their jurisdiction. This calculation determines the property tax rate for the area. While votes and legislation play a role in finalizing these rates and budgets, this is the core process behind setting them annually.
In Larsen, located in Winnebago County, the effective property tax rate stands out when compared to other cities in Wisconsin. The median property tax rate in Wisconsin is higher than the national median of 1.02%, reflecting the state's commitment to funding local services. Homeowners in Larsen and across Wisconsin experience property tax bills that are generally above the national median of $2,400. This comparison highlights how property tax rates in Wisconsin, including Larsen, contribute to the funding of public services, impacting local communities and their residents.
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 Larsen Tax Rate
1.21%
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 Winnebago County Tax Rate
1.52%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Larsen, Winnebago County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54947 | 1.10% | 1.15% | 1.21% | 1.33% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Larsen, Winnebago County, Wisconsin
When examining property taxes in Larsen, 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 Winnebago 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 Winnebago County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Larsen. For example, the median home price in Larsen is $234,063, with tax bills ranging significantly across the county. ZIP code 54947 has the highest median home price at $234,063.
Property Tax Assessment Values Across Larsen, Winnebago County, Wisconsin
Source: Ownwell
$95,052
$202,398
$309,743
Median Larsen Market Value
$234,063
Median Winnebago County Market Value
$23,040
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Larsen, Winnebago County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54947 | $105,766 | $163,756 | $234,063 | $316,076 | $414,956 |
Source: Ownwell
Property Tax Bills Across Larsen, Winnebago County, Wisconsin
In Larsen, located in Winnebago County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in this area is $234,063. Homeowners in Larsen face a median property tax bill of $2,978, which is higher than the national median of $2,400. Factors influencing the tax bill include property size, location, and improvements. For instance, tax bills can range from $2,088 at the 25th percentile to $5,145 at the 90th percentile, reflecting the variability in property values and assessments.
The impact on homeowners is significant, as property taxes contribute to the cost of homeownership. However, Ownwell can assist homeowners in Larsen by appealing their property tax assessments, potentially lowering their tax bills. With expertise in local tax regulations, Ownwell identifies discrepancies in assessments and ensures that homeowners are not overpaying. This service can lead to substantial savings, making homeownership more affordable in the long run.
Median Larsen Tax Bill
$2,978
Median Winnebago County Tax Bill
$3,378
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Larsen, Winnebago County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54947 | $1,264 | $2,088 | $2,978 | $4,027 | $5,145 |
Source: Ownwell
