Wisconsin Dells, Wisconsin Property Taxes
The median property tax rate in Wisconsin Dells, WI is 1.84%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Wisconsin Dells at $204,176, the typical annual property tax bill reaches $3,704, exceeding the national median of $2,690. Property taxes in Wisconsin Dells 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 Wisconsin Dells' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Wisconsin Dells 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
Wisconsin Dells, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.84%
Estimate Property Tax Bill
$3,757
Ownwell’s Wisconsin Dells Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wisconsin Dells with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wisconsin Dells 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 Wisconsin Dells, Wisconsin
Property taxes in Wisconsin Dells, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wisconsin Dells is 1.84%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Wisconsin Dells set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wisconsin Dells 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 Wisconsin Dells' effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53965 has the highest median property tax rate of 1.84%, while the same zip code also has the lowest median tax rate of 1.84%. Understanding how these cities compare with Wisconsin Dells provides valuable insights into the varying tax landscape across Columbia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wisconsin Dells Tax Rate
1.84%
Average Columbia County Tax Rate
1.43%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wisconsin Dells, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53965 | 1.31% | 1.60% | 1.84% | 1.85% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Wisconsin Dells, Wisconsin
In Wisconsin Dells, WI, 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 Columbia County 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 Wisconsin Dells, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The highest and lowest median tax bills in Wisconsin Dells both stand at $3,704, within the zip code 53965. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Wisconsin Dells, Wisconsin
Source: Ownwell
$20,031
$182,491
$344,951
Average Wisconsin Dells Assessed Value
$204,176
Average Columbia County Assessed Value
$201,380
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wisconsin Dells, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53965 | $21,765 | $134,111 | $204,176 | $242,694 | $298,376 |
Source: Ownwell
Property Tax Bills Across Wisconsin Dells, Wisconsin
In Wisconsin Dells, Columbia County, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is an estimate of the property's market value, which local assessors calculate based on various factors, including location, size, and condition of the property. Homeowners in Wisconsin Dells experience a range of tax bills, with the 25th percentile at $2,177 and the 75th percentile reaching $4,349. The 90th percentile tax bill can go up to $5,336, indicating a significant variation based on property values and assessments. The median home price in the area stands at $204,176, which influences the overall tax burden. For comparison, the national median property tax rate is 0.99%, which can help homeowners understand how their local rates stack up against the national average. The highest and lowest median tax bills in the 53965 zip code are both $3,704, suggesting a consistent tax rate across different properties. Understanding these factors helps homeowners anticipate their annual tax obligations and plan their finances accordingly.
Average Wisconsin Dells Tax Bill
$3,704
Average Columbia County Tax Bill
$2,882
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Wisconsin Dells, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53965 | $348 | $2,177 | $3,704 | $4,349 | $5,336 |
Source: Ownwell