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Updated 2025 Tax Year

Price County
Property Tax Guide

Everything you need to know about property taxes in Price County, WI. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
1.2% to 2.5% of assessed value (varies by municipality, school district, and special districts)
Exemptions
5+ Available
Section 1

How Property Tax Works

Price County, Wisconsin operates on a property tax system that funds essential local services including schools, county government operations, municipal services, and special districts. Property taxes are the primary revenue source for local governments, supporting everything from road maintenance and public safety to education and library services. The county uses a mill rate system where taxes are calculated based on assessed property values multiplied by the applicable tax rates.

Property tax rates in Price County vary significantly by location due to different combinations of municipal boundaries, school districts, and special taxing districts. For the 2025 tax year, rates range from approximately 1.2% to 2.5% of assessed value depending on your specific location within the county. Properties in the Elk/Phillips School District, for example, have a mill rate of 0.012138150, but your actual rate will depend on your municipality and any special districts that serve your property. The Wisconsin Department of Revenue conducts property assessments, and Price County has no assessment cap, meaning property values can increase to full market value annually.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $1,000)Description
County General$3.50-4.20County operations, roads, public safety
School District$8.50-12.50K-12 education (varies by district)
Municipal$2.00-6.50City/town services, varies by municipality
Technical College$0.80-1.20Wisconsin Indianhead Technical College
Special Districts$0.50-3.00Fire, ambulance, library, other services
Total Estimated$15.30-27.40Combined rate varies by location

Rates shown are estimates for FY 2025-2026 levy year. Your actual tax rate depends on your specific municipality and school district. The Elk/Phillips School District area has a combined mill rate of approximately 12.138 per $1,000 of assessed value. Contact the Price County Clerk's office at (715) 339-3325 for your exact rate combination.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Price County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Price County are additional property tax bills issued when there are mid-year changes to property ownership, value, or use that weren't captured in the original assessment. Common triggers include new construction completion, property transfers that reveal unreported improvements, changes in property use (such as converting agricultural land to residential), or corrections to assessment errors discovered after the original tax bills were issued.

When a supplemental tax is triggered, the additional tax is calculated based on the difference between the original assessed value and the new assessed value, multiplied by the applicable tax rate, and prorated for the portion of the tax year remaining. For example, if new construction adds $50,000 in assessed value to your property in January, and your total tax rate is 20 mills ($20 per $1,000), you would owe an additional $1,000 in supplemental taxes for that year. The supplemental bill is typically issued within 30-60 days of the triggering event and has its own due date separate from regular property tax installments.

Example Calculation

Example 1: $300,000 Home in Phillips

  • Assessed Value: $300,000
  • Less: Homestead Credit (if applied): -$15,000 assessment reduction
  • Net Taxable Value: $285,000
  • Tax Rate: 18.5 mills ($18.50 per $1,000)
  • Annual Tax: $5,272.50
  • Monthly (if escrowed): $439.38

Example 2: $600,000 Home with School Referendum

  • Assessed Value: $600,000
  • Less: Homestead Credit (if applied): -$25,000 assessment reduction
  • Net Taxable Value: $575,000
  • Tax Rate: 22.3 mills ($22.30 per $1,000)
  • Annual Tax: $12,822.50
  • Monthly (if escrowed): $1,068.54

Example 3: $1,000,000 Property in Rural District

  • Assessed Value: $1,000,000
  • Less: Veterans Credit (if applied): -$3,000 tax credit
  • Net Taxable Value: $1,000,000
  • Tax Rate: 16.8 mills ($16.80 per $1,000)
  • Gross Tax: $16,800.00
  • Less Veterans Credit: -$3,000
  • Net Annual Tax: $13,800.00
  • Monthly (if escrowed): $1,150.00

All credits shown require annual application and approval. Credits are not automatic.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Price County require property tax escrow accounts for loans with less than 20% down payment. Your lender collects 1/12 of your estimated annual property tax bill with each monthly mortgage payment, depositing these funds into an escrow account. The lender then pays your property taxes directly to Price County when they become due. Lenders typically collect an additional 2-month cushion as required by federal regulations.

Property tax payments in Price County are due in installments, with dates varying by municipality but typically falling in January/February and July/August. Your lender will receive tax bills directly and should pay them before the due dates to avoid penalties. You should receive an annual escrow analysis from your lender showing the account activity and any adjustments needed for the coming year. If your property taxes increase due to reassessment or rate changes, your monthly escrow payment may increase accordingly. You can verify that payments were made on time by checking the Price County property tax lookup system online or contacting the County Treasurer's office at (715) 339-3325.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Price County for 2026? A: Property tax due dates vary by municipality, but for 2026, installments are generally due February 3, 4, 11, and 12. The first installment must be paid by February 3, with the final deadline for the first installment on February 12. Contact your municipality for specific payment schedules.

Q: What tax credits are available and do I need to apply? A: Wisconsin offers several tax credits including the Homestead Credit (for income-qualified homeowners), Veterans Credit, and First Dollar Credit. ALL credits require annual application and are NOT automatic. Applications are typically due by March 31st. Contact the Wisconsin Department of Revenue at 608-266-2486 or visit revenue.wi.gov for applications.

Q: How does the Homestead Credit work? A: The Homestead Credit limits property tax increases for income-qualified homeowners, but does NOT reduce your property's market value. It caps the year-over-year assessment increase, with income limits determining eligibility. You must file an application annually with supporting income documentation. Call 1-855-2-HOME-WI for assistance.

Q: How often are properties reassessed in Price County? A: Wisconsin requires annual property assessments to reflect current market values. There is no assessment cap in Wisconsin, so your property value can increase to full market value each year based on comparable sales and market conditions.

Q: What happens if I pay my property taxes late? A: Late payments incur interest and penalties. Interest begins accruing immediately after the due date at a rate set annually by the Wisconsin Department of Revenue (typically 1-2% per month). Properties with delinquent taxes may eventually face tax deed proceedings.

Q: Can I pay my property taxes online? A: Yes, Price County offers online payment options through their official website. You can also pay by mail, in person at the County Treasurer's office, or at participating banks. Check the Price County website for current payment methods and any associated fees.

Q: How do special district taxes work? A: Special districts like fire departments, libraries, and ambulance services can levy additional taxes on properties within their boundaries. These appear as separate line items on your tax bill and vary significantly by location within Price County.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with your local Board of Review during their annual meeting period (typically April-May). You'll need evidence such as comparable sales, appraisals, or documentation of property defects. Contact your municipal clerk for specific filing deadlines and procedures.

Q: What if I disagree with special district charges? A: Special district taxes are set by independent governing boards. Contact the specific district directly to understand their budget and tax levy. Some districts hold public hearings where residents can comment on proposed tax levies.

Q: Are there property tax benefits for seniors or disabled persons? A: Wisconsin offers various programs including the Homestead Credit (income-based), property tax deferral for seniors, and potential veterans exemptions. Most require annual applications with income or disability documentation. Contact Price County at (715) 339-3325 or the Wisconsin Department of Revenue for specific program details.

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