Beetown, Wisconsin Property Taxes
The median property tax rate in Beetown, WI is 0.94%, which is slightly below the national median of 0.99% and significantly lower than the Wisconsin state median of 1.58%. With a median home value of $73,100 in Beetown, the typical annual property tax bill is $689, much less than the national median of $2,690. Property taxes in Beetown are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural land. Understanding Beetown'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 Beetown or another part of Grant County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Beetown, Wisconsin Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$3,160
Ownwell’s Beetown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beetown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beetown 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 Beetown, Wisconsin
Property taxes in Beetown, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beetown is 0.94%, slightly below the U.S. national median of 0.99%. Local government entities within Beetown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beetown 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 Beetown's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53802 zip code has the highest median property tax rate of 0.94%, while the same zip code also has the lowest median tax rate of 0.94%. Understanding how these cities compare with Beetown provides valuable insights into the varying tax landscape across Grant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Beetown Tax Rate
0.94%
Average Grant County Tax Rate
1.49%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beetown, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53802 | 0.94% | 0.94% | 0.94% | 0.94% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Beetown, Wisconsin
In Beetown, Wisconsin, understanding the distinction between "market value" and "assessed value" is essential for grasping property taxes. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Grant County Assessor for tax purposes. Conversely, 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 Beetown, 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 Beetown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $689, specifically in the 53802 zip code.
Average Beetown Assessed Value
$73,100
Average Grant County Assessed Value
$141,950
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beetown, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53802 | $73,100 | $73,100 | $73,100 | $73,100 | $73,100 |
Source: Ownwell
Property Tax Bills Across Beetown, Wisconsin
In Beetown, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Beetown is $73,100. Property tax rates are applied to this assessed value to determine the annual tax bill. For homeowners in Beetown, the tax bill remains consistent across different percentiles, with the 25th, 75th, and 90th percentiles all reporting a tax bill of $689. This uniformity suggests a stable property tax environment within the city. Compared to the national median property tax rate of 0.99%, Beetown's property tax rate results in a relatively modest tax bill, making it potentially more affordable for homeowners. The highest and lowest median tax bills in the city are both $689, indicating a level of predictability for residents. This stability can be beneficial for budgeting and financial planning, providing homeowners with a clear understanding of their annual property tax obligations.
Average Beetown Tax Bill
$689
Average Grant County Tax Bill
$2,159
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Beetown, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53802 | $689 | $689 | $689 | $689 | $689 |
Source: Ownwell