Maple, Wisconsin Property Taxes
The median property tax rate in Maple, WI is 1.18%, which is considerably higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Maple at $152,100, the typical annual property tax bill reaches $1,795, which is below the national median of $2,690. Property taxes in Maple 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 Maple'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 Maple 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
Maple, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$1,795
Ownwell’s Maple Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Maple with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Maple 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 Maple, Wisconsin
Property taxes in Maple, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Maple is 1.18%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Maple set these rates annually, and they can vary significantly across different neighborhoods. Each year, Maple 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 Maple's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54854 zip code has the highest median property tax rate of 1.18%, while the same zip code also has the lowest median tax rate of 1.18%. Understanding how these cities compare with Maple provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Maple Tax Rate
1.18%
Average Douglas County Tax Rate
1.25%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Maple, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54854 | 0.93% | 1.08% | 1.18% | 1.24% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Maple, Wisconsin
In Maple, 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 Douglas 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 Maple, 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. Being aware of these valuation processes in Maple helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,795 in the 54854 zip code, while the lowest is also $1,795 in the same zip code.
Average Maple Assessed Value
$152,100
Average Douglas County Assessed Value
$170,250
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Maple, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54854 | $72,640 | $110,425 | $152,100 | $205,900 | $286,270 |
Source: Ownwell
Property Tax Bills Across Maple, Wisconsin
In Maple, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Maple is $152,100, and the property tax rate in Douglas County plays a crucial role in determining the final tax bill. Homeowners in Maple can expect their tax bills to vary significantly; for instance, the 25th percentile tax bill is around $1,219, while the 75th percentile tax bill is approximately $2,566. At the higher end, the 90th percentile tax bill reaches up to $3,636. These figures are influenced by several factors, including the home's assessed value, the local tax rate, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Maple's property tax bills reflect the unique economic and policy environment of the area. For homeowners, understanding these elements is essential as they directly impact annual financial planning and the overall cost of owning property in Maple.
Average Maple Tax Bill
$1,795
Average Douglas County Tax Bill
$2,072
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Maple, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54854 | $660 | $1,219 | $1,795 | $2,566 | $3,636 |
Source: Ownwell