Rate Breakdown

Property taxes in Monroe County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Monroe County

Property taxes in Monroe County are calculated based on the assessed value of your property and the combined millage rates (tax rates) set by local taxing authorities. Here’s how the process works:

• Assessment: The Monroe County Assessor’s Office evaluates your property’s market value annually. This assessed value is used to determine your tax liability.
• Millage Rates: Tax rates (mill rates) are applied per $1,000 of assessed value. These rates are set by school districts, municipalities, and the county government.
• Tax Calculation: Your tax bill is calculated by multiplying the assessed value by the total mill rate. For example, a home valued at $200,000 with a mill rate of 20 would owe $4,000 annually.

Available Exemptions

Wisconsin offers several property tax exemptions that may reduce your tax burden:

• Homestead Credit: Low-income homeowners may qualify for a refundable credit based on property taxes paid and household income.
• Senior Citizen Exemption: Residents aged 65+ may qualify for a tax credit if their income falls below state thresholds.
• Disability Exemption: Homeowners with disabilities may be eligible for reduced assessments or exemptions.
• Veteran Exemptions: Veterans with service-connected disabilities or unremarried surviving spouses may qualify for property tax reductions.

Applications for exemptions must be filed with the Monroe County Treasurer’s Office by the annual deadline.

Payment Schedule & Deadlines

Monroe County property taxes are typically due in two installments:

• First Installment: Due by January 31st, payable to the local municipal treasurer.
• Second Installment: Due by July 31st, payable to the Monroe County Treasurer.

Late payments incur penalties of 1.5% per month, and unpaid taxes may result in a tax lien or foreclosure. Payment plans may be available for eligible taxpayers—contact the Treasurer’s Office for details.

Appealing Your Assessment

If you believe your property’s assessed value is inaccurate, follow these steps to appeal:

• Review Your Assessment: Check your assessment notice mailed annually by the Assessor’s Office.
• File an Appeal: Submit a written objection to the Monroe County Board of Review by the deadline (typically in May). Include evidence such as recent comparable sales or appraisal reports.
• Hearing: Present your case at a scheduled hearing. The Board may adjust your assessment if justified.

For further assistance, contact the Monroe County Assessor’s Office or consult a property tax professional.