Wrightstown, Wisconsin Property Taxes
The median property tax rate in Wrightstown, WI is 1.74%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Wrightstown at $250,100, the typical annual property tax bill reaches $4,347, exceeding the national median of $2,690. Property taxes in Wrightstown are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Wrightstown's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Wrightstown or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wrightstown, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.74%
Estimate Property Tax Bill
$4,352
Ownwell’s Wrightstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wrightstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wrightstown to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Wrightstown, Wisconsin
Property taxes in Wrightstown, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wrightstown is 1.74%, significantly higher than the U.S. national median of 0.99%. Local government entities within Wrightstown set these rates annually, and they can vary across different neighborhoods. Each year, Wrightstown estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Wrightstown's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54180 has the highest median property tax rate of 1.74%, while the same zip code also has the lowest median tax rate of 1.74%. Understanding how these cities compare with Wrightstown provides valuable insights into the varying tax landscape across Brown County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wrightstown Tax Rate
1.74%
Average Brown County Tax Rate
1.47%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wrightstown, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54180 | 1.65% | 1.69% | 1.74% | 1.79% | 1.82% |
Source: Ownwell
Property Tax Assessment Values Across Wrightstown, Wisconsin
In Wrightstown, Wisconsin, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Brown County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Wrightstown, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. The median home price in Wrightstown is $250,100, with tax bills ranging from $3,190 at the 25th percentile to $6,783 at the 90th percentile. Notably, the zip code 54180 has the highest median tax bill of $4,347. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Wrightstown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Wrightstown Assessed Value
$250,100
Average Brown County Assessed Value
$232,300
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wrightstown, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54180 | $155,810 | $186,800 | $250,100 | $308,650 | $381,540 |
Source: Ownwell
Property Tax Bills Across Wrightstown, Wisconsin
In Wrightstown, WI, property tax bills are determined by the assessed value of a home, which is then multiplied by the local tax rate. The assessed value is an estimate of the property's market value as determined by the local assessor. Various factors influence this value, including the property's size, location, and condition. The median home price in Wrightstown stands at $250,100. Homeowners in the 25th percentile can expect a tax bill around $3,190, whereas those in the 75th percentile might face bills as high as $5,435. At the 90th percentile, tax bills can reach up to $6,783. These figures highlight the variability in tax burdens based on property values. For comparison, the national median property tax rate is 0.99%, underscoring the importance of understanding local rates and assessments. High property taxes can significantly impact homeowners, influencing decisions on buying, selling, or investing in property improvements. Understanding how these bills are calculated helps homeowners better plan their finances and anticipate future expenses.
Average Wrightstown Tax Bill
$4,347
Average Brown County Tax Bill
$3,396
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Wrightstown, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54180 | $2,581 | $3,190 | $4,347 | $5,435 | $6,783 |
Source: Ownwell