Kieler, Wisconsin Property Taxes
The median property tax rate in Kieler, WI is 1.63%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Kieler at $136,000, the typical annual property tax bill reaches $2,225, which is below the national median of $2,690. Property taxes in Kieler 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 Kieler'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 Kieler or another part of Grant County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kieler, 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 Kieler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kieler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kieler 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 Kieler, Wisconsin
Property taxes in Kieler, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kieler is 1.63%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Kieler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kieler 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 Kieler's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53812 has the highest median property tax rate of 1.63%, while the same zip code also has the lowest median tax rate of 1.63%. Understanding how these cities compare with Kieler 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 Kieler Tax Rate
1.63%
Average Grant County Tax Rate
1.49%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kieler, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53812 | 1.57% | 1.63% | 1.63% | 1.64% | 1.65% |
Source: Ownwell
Property Tax Assessment Values Across Kieler, Wisconsin
In Kieler, 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 Grant 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 Kieler, 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 Kieler 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 $2225, found in zip code 53812.
Average Kieler Assessed Value
$136,000
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 Kieler, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53812 | $112,560 | $131,525 | $136,000 | $155,125 | $254,620 |
Source: Ownwell
Property Tax Bills Across Kieler, Wisconsin
In Kieler, WI, property tax bills are determined based on the assessed value of a home, which is then multiplied by the local tax rate. The assessed value is an estimate of the property's market value as determined by the local assessor. Factors such as the property's size, location, and condition play a significant role in determining this value. Homeowners in Kieler can expect varying tax bills depending on where their property falls within the assessed value spectrum. For instance, the 25th percentile tax bill is around $2,149, while the 75th percentile reaches up to $2,549. Those in the 90th percentile face a tax bill of about $4,208. Comparatively, the national median property tax rate stands at 0.99%, making Kieler's tax bills relatively higher than many regions across the country. This can significantly impact homeowners, as higher property taxes can lead to increased financial burdens. Understanding these factors can help homeowners anticipate their annual property tax obligations and plan accordingly.
Average Kieler Tax Bill
$2,225
Average Grant County Tax Bill
$2,159
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Kieler, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53812 | $1,827 | $2,149 | $2,225 | $2,549 | $4,208 |
Source: Ownwell