Marshfield, Wood County, Wisconsin Property Taxes

Name: Property Tax Bills Across Marshfield, Wood County, Wisconsin
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median MARSHFIELD, WI effective property tax rate: 1.82%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median MARSHFIELD, WI home value: $169,300
Median annual MARSHFIELD, WI tax bill: $2,969, $569 higher than the national median property tax bill of $2,400.

How are property taxes in Wood County calculated?

Property taxes in MARSHFIELD, 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 MARSHFIELD’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in MARSHFIELD, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Marshfield, Wood County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.82%

Estimate Property Tax Bill

$3,081

$2,859

Ownwell’s Marshfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Marshfield with just two data points. By entering your property's estimated assessed value, our calculator applies Marshfield’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Wood County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Marshfield, Wood County, Wisconsin

Local government entities set tax rates, which can vary widely within a state. 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 Marshfield’s effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S. Marshfield, located in Wood County, stands out with a median property tax rate of 1.82%. This rate is significantly higher than the national median property tax rate of 1.02%. Such a difference highlights the importance of understanding local tax environments. Notably, within Wood County, Marshfield shares the same tax rate across its zip codes, indicating a uniform approach to property taxation in this area. This uniformity can simplify the tax appeal process for property owners. By staying informed about these rates, property owners in Marshfield can make more strategic decisions regarding their property taxes.

Property Tax Rates Across Marshfield, Wood County, Wisconsin

Source: Ownwell

1.16%

1.65%

2.14%

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 Marshfield Tax Rate

1.82%

Median Effective Wood County Tax Rate

1.75%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Marshfield, Wood County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54449	1.33%	1.70%	1.82%	1.89%	1.94%

Source: Ownwell

Property Tax Assessment Values Across Marshfield, Wood County, Wisconsin

When examining property taxes in Marshfield, 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 Wood County Assessor 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 Wood 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 Marshfield. For example, the median home price in Marshfield is $169,300, with tax bills ranging significantly across the county. 54449 has the highest median home price at $169,300.

Property Tax Assessment Values Across Marshfield, Wood County, Wisconsin

Source: Ownwell

$74,200

$148,750

$223,300

Median Marshfield Market Value

$169,300

Median Wood County Market Value

$143,800

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Marshfield, Wood County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54449	$96,200	$123,900	$169,300	$225,550	$306,860

Source: Ownwell

Property Tax Bills Across Marshfield, Wood County, Wisconsin

In Marshfield, located in Wood County, WI, property tax bills are calculated based on the assessed value of a home, typically a percentage of its market value. Homeowners in Marshfield face a median property tax bill of $2,969, which is above the national median of $2,400. The tax bill can vary significantly, with the 25th percentile at $2,129 and the 90th percentile reaching $5,308, reflecting the differences in property values and local tax rates. These bills are influenced by factors such as local government budgets, school district funding, and public service needs. For homeowners, these taxes can represent a substantial financial obligation, impacting overall affordability and homeownership satisfaction. Ownwell assists homeowners by offering property tax appeal and exemption services, potentially lowering their tax burden. By challenging inaccurate assessments and identifying applicable exemptions, Ownwell helps clients achieve significant savings, making homeownership more affordable and less stressful in Marshfield.

Property Tax Bills Across Marshfield, Wood County, Wisconsin

Source: Ownwell

$903

$2,001

$3,099

Median Marshfield Tax Bill

$2,969

Median Wood County Tax Bill

$2,331

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Marshfield, Wood County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54449	$1,619	$2,129	$2,969	$3,927	$5,308

Source: Ownwell