Sauk City, Wisconsin Property Taxes
The median property tax rate in Sauk City, WI is 1.33%, which is significantly higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Sauk City at $345,950, the typical annual property tax bill reaches $4,816, far exceeding the national median of $2,690. Property taxes in Sauk City are calculated based on the assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Sauk City's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Sauk City 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
Sauk City, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.33%
Estimate Property Tax Bill
$4,601
Ownwell’s Sauk City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sauk City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sauk City 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 Sauk City, Wisconsin
Property taxes in Sauk City, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sauk City is 1.33%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Sauk City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sauk City 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 Sauk City's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the 53593 zip code has the highest median property tax rate of 1.46%, while the 53578 zip code has the lowest median tax rate of 1.26%. Understanding how these cities compare with Sauk City provides valuable insights into the varying tax landscape across Dane County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sauk City Tax Rate
1.33%
Average Dane County Tax Rate
2.02%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sauk City, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53578 | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% |
| 53583 | 1.30% | 1.31% | 1.33% | 1.42% | 1.71% |
| 53588 | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% |
| 53593 | 1.46% | 1.46% | 1.46% | 1.46% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Sauk City, Wisconsin
In Sauk City, 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 Dane 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 Sauk City, 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 highest median tax bill in the area is $5,179 in zip code 53588, while the lowest is $2,387 in zip code 53578. 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 Sauk City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Sauk City Assessed Value
$345,950
Average Dane County Assessed Value
$304,700
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sauk City, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53578 | $189,100 | $189,100 | $189,100 | $189,100 | $189,100 |
| 53583 | $202,700 | $258,300 | $346,200 | $466,800 | $545,600 |
| 53588 | $392,400 | $392,400 | $392,400 | $392,400 | $392,400 |
| 53593 | $287,900 | $287,900 | $287,900 | $287,900 | $287,900 |
Source: Ownwell
Property Tax Bills Across Sauk City, Wisconsin
In Sauk City, located in Dane County, WI, property tax bills are calculated based on the assessed value of the home and the local tax rate. The median home price in Sauk City is $345,950, with property tax rates significantly impacting homeowners. To determine the tax bill, the assessed value of the property is multiplied by the local tax rate. Factors such as property improvements, neighborhood developments, and market conditions influence the assessed value. For homeowners in Sauk City, property tax bills can vary widely. The tax bill at the 25th percentile is $3,789, while at the 75th percentile, it rises to $6,461. Those at the 90th percentile face even higher bills, averaging $7,481. The highest median tax bill in the area is $5,179 in zip code 53588, while the lowest is $2,387 in zip code 53578. These variations highlight how property taxes can significantly affect household finances, making it crucial for homeowners to understand the factors that influence their tax obligations.
Average Sauk City Tax Bill
$4,816
Average Dane County Tax Bill
$7,324
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Sauk City, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53578 | $2,387 | $2,387 | $2,387 | $2,387 | $2,387 |
| 53583 | $2,999 | $3,790 | $4,819 | $6,469 | $7,482 |
| 53588 | $5,179 | $5,179 | $5,179 | $5,179 | $5,179 |
| 53593 | $4,214 | $4,214 | $4,214 | $4,214 | $4,214 |
Source: Ownwell