Wauzeka, Wisconsin Property Taxes
The median property tax rate in Wauzeka, WI is 1.97%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Wauzeka at $106,985, the typical annual property tax bill reaches $2,016, slightly below the national median of $2,690. Property taxes in Wauzeka 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 Wauzeka'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 Wauzeka or another part of Crawford County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wauzeka, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.97%
Estimate Property Tax Bill
$2,108
Ownwell’s Wauzeka Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wauzeka with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wauzeka 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 Wauzeka, Wisconsin
Property taxes in Wauzeka, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wauzeka is 1.97%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Wauzeka set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wauzeka 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 Wauzeka's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53826 has the highest median property tax rate of 1.97%, while the same zip code also has the lowest median tax rate of 1.97%. Understanding how these cities compare with Wauzeka provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wauzeka Tax Rate
1.97%
Average Crawford County Tax Rate
1.79%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wauzeka, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53826 | 1.66% | 1.82% | 1.97% | 2.09% | 2.22% |
Source: Ownwell
Property Tax Assessment Values Across Wauzeka, Wisconsin
In Wauzeka, 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 Crawford County Appraisal District 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 Wauzeka, 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 median home price in Wauzeka is $106,985, with tax bills ranging from $1,124 at the 25th percentile to $4,544 at the 90th percentile. The zip code 53826 has the highest median tax bill of $2,016. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Wauzeka Assessed Value
$106,985
Average Crawford County Assessed Value
$123,412
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wauzeka, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53826 | $30,417 | $60,463 | $106,985 | $163,553 | $229,876 |
Source: Ownwell
Property Tax Bills Across Wauzeka, Wisconsin
In Wauzeka, Crawford County, WI, property tax bills are calculated based on the assessed value of a home. The local tax assessor determines this assessed value, which is then multiplied by the local tax rate to calculate the annual property tax bill. Several factors influence the assessed value, including the home's market value, location, and any improvements or renovations made to the property. For homeowners in Wauzeka, the median home price is $106,985. Property tax bills can vary significantly, with the 25th percentile tax bill at $1,124 and the 75th percentile reaching $3,212. The 90th percentile tax bill can be as high as $4,544. The highest and lowest median tax bills in the area are both $2,016, located in the 53826 zip code. Compared to the national median property tax rate of 0.99%, Wauzeka's property taxes can have a substantial impact on homeowners, influencing their overall financial planning and homeownership costs.
Average Wauzeka Tax Bill
$2,016
Average Crawford County Tax Bill
$2,321
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Wauzeka, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53826 | $563 | $1,124 | $2,016 | $3,212 | $4,544 |
Source: Ownwell