Nekoosa, Wood County, Wisconsin Property Taxes

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

Median Nekoosa, WI effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Nekoosa, WI home value: $118,400
Median annual Nekoosa, WI tax bill: $2,120, $280 lower than the national median property tax bill of $2,400.

How are property taxes in Wood County calculated?

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

Last Updated March 1, 2025

Nekoosa, Wood County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.51%

Estimate Property Tax Bill

$1,788

$1,659

Ownwell’s Nekoosa Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Nekoosa with just two data points.

By entering your property's estimated assessed value, our calculator applies Nekoosa’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 Nekoosa, Wood County, Wisconsin

Local government entities set tax rates, which can vary widely within a state. The process involves each county estimating its required budget to provide services and dividing 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.

In Nekoosa, located in Wood County, Wisconsin, the effective property tax rate reflects this process. The median property tax rate in Wisconsin stands at 1.51%, significantly higher than the national median of 1.02%. This positions Wisconsin among the states with higher property tax rates. For homeowners in Nekoosa, understanding how these rates compare to the national average is crucial. While the national median property tax bill is $2,400, Wisconsin's higher rate often translates to a more substantial financial obligation for property owners. For those in Nekoosa, evaluating these figures can provide insight into potential savings through property tax appeals or exemptions, making it essential to stay informed about local property tax trends.

Property Tax Rates Across Nekoosa, 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 Nekoosa Tax Rate

1.51%

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 Nekoosa, Wood County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54457	1.25%	1.36%	1.51%	2.35%	2.52%

Source: Ownwell

Property Tax Assessment Values Across Nekoosa, Wood County, Wisconsin

When examining property taxes in Nekoosa, 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 Wood 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. Assessment notices: 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 Nekoosa. For example, the median home price in Nekoosa is $118,400, with tax bills ranging significantly across the county. Zip code 54457 has the highest median home price at $118,400.

Property Tax Assessment Values Across Nekoosa, Wood County, Wisconsin

Source: Ownwell

$74,200

$148,750

$223,300

Median Nekoosa Market Value

$118,400

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 Nekoosa, Wood County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54457	$53,020	$81,800	$118,400	$170,500	$223,800

Source: Ownwell

Property Tax Bills Across Nekoosa, Wood County, Wisconsin

In Nekoosa, located in Wood County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the local assessor. Homeowners in Nekoosa face a median property tax bill of $2,120, which is slightly below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,439 and the 90th percentile reaching $3,899. Factors such as location, property size, and improvements can influence these assessments, impacting the final tax bill. For homeowners seeking to reduce their property tax burden, Ownwell offers valuable assistance. By providing expert property tax appeal services, Ownwell helps ensure that assessments are fair and accurate, potentially leading to significant savings. This proactive approach not only aligns tax bills more closely with actual property values but also offers homeowners peace of mind and financial relief.

Property Tax Bills Across Nekoosa, Wood County, Wisconsin

Source: Ownwell

$903

$2,001

$3,099

Median Nekoosa Tax Bill

$2,120

Median Wood County Tax Bill

$2,331

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Nekoosa, Wood County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54457	$804	$1,439	$2,120	$2,926	$3,899

Source: Ownwell