Juda, Wisconsin Property Taxes
The median property tax rate in Juda, WI is 1.69%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Juda, the typical annual property tax bill reaches $2,466, which is below the national median of $2,690. Property taxes in Juda 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 Juda'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 Juda 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
Juda, 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 Juda Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Juda with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Juda 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 Juda, Wisconsin
Property taxes in Juda, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Juda is 1.69%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Juda set these rates annually, and they can vary significantly across different neighborhoods. Each year, Juda 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 Juda's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53550 zip code has the highest median property tax rate of 1.69%, while the same zip code also has the lowest median tax rate of 1.69%. Understanding how these cities compare with Juda provides valuable insights into the varying tax landscape across Green County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Juda Tax Rate
1.69%
Average Green County Tax Rate
1.78%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Juda, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53550 | 1.41% | 1.55% | 1.69% | 1.82% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Juda, Wisconsin
In Juda, 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 Green 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 Juda, 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 Juda helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Juda are both $2,466, found in the zip code 53550.
Average Juda Assessed Value
$143,920
Average Green County Assessed Value
$193,272
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Juda, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53550 | $67,018 | $101,127 | $143,920 | $204,687 | $283,214 |
Source: Ownwell
Property Tax Bills Across Juda, Wisconsin
In Juda, located in Green County, 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 Juda is $143,920. The property tax rate in this region is applied to the assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's size, location, and any applicable exemptions or deductions. For example, homeowners in Juda can expect their tax bills to vary significantly. At the 25th percentile, the tax bill is around $1,699, while at the 75th percentile, it rises to approximately $3,567. For those in the 90th percentile, it can reach up to $4,960. This variation is due to differences in property values and the specific characteristics of each home. Compared to the national median property tax rate of 0.99%, Juda's tax bills reflect the local economic conditions and funding requirements for public services. Homeowners must consider these factors when budgeting for annual expenses.
Average Juda Tax Bill
$2,466
Average Green County Tax Bill
$3,636
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Juda, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53550 | $1,010 | $1,699 | $2,466 | $3,567 | $4,960 |
Source: Ownwell