Rate Breakdown

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

How Property Tax Works in Price County

Property taxes in Price County are 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 Price County Assessor's Office evaluates properties annually to determine their fair market value. Assessments are typically conducted as of January 1 each year.
• Millage Rates: Tax rates are set by local governments, including school districts, municipalities, and the county. These rates are applied per $1,000 of assessed value to calculate your tax bill.
• Tax Calculation: Your tax bill is calculated by multiplying the assessed value by the total millage rate. For example, a home valued at $150,000 with a combined mill rate of 20 would owe $3,000 annually.

Available Exemptions

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

• Homestead Exemption: Available to Wisconsin residents who own and occupy their primary home as of January 1. This exemption may reduce the taxable value of your property.
• Senior Citizen Exemption: Homeowners aged 65+ may qualify for additional relief, depending on income limits set by the state.
• Disability Exemption: Individuals with qualifying disabilities may be eligible for reduced assessments or exemptions.
• Veteran Exemptions: Veterans with service-connected disabilities or wartime service may qualify for partial or full exemptions. Documentation from the VA is required.

Applications for exemptions must be filed with the Price County Treasurer's Office by the specified deadlines.

Payment Schedule & Deadlines

Price County property taxes are typically due in two installments:

• First Installment: Due by January 31. This payment is an estimated amount, usually 50% of the prior year's tax bill.
• Second Installment: Due by July 31. This payment reflects the finalized tax amount after assessments are completed.

Late payments incur penalties of 1.5% per month, and unpaid taxes may result in a tax lien or foreclosure. Payment options include mail, in-person at the Treasurer's Office, or online through the county portal.

Appealing Your Assessment

If you believe your property is overassessed, you can appeal the valuation in Price County:

• Step 1: Contact the Price County Assessor's Office to discuss your assessment. Errors can often be corrected informally.
• Step 2: File a formal appeal with the Board of Review by the deadline (usually in May or June). Provide evidence such as recent sales of comparable properties or an independent appraisal.
• Step 3: Attend the Board of Review hearing to present your case. If unsatisfied, you may escalate your appeal to the Wisconsin Department of Revenue or circuit court.

Deadlines and procedures are strict, so act promptly if you intend to appeal.