Athelstane, Wisconsin Property Taxes
The median property tax rate in Athelstane, WI is 1.15%, slightly higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $70,200 in Athelstane, the typical annual property tax bill amounts to $832, which is significantly below the national median of $2,690. Property taxes in Athelstane are calculated based on the assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Athelstane's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to considerable annual savings. Whether you're in the heart of Athelstane or another part of Marinette County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Athelstane, 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 Athelstane Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Athelstane with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Athelstane 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 Athelstane, Wisconsin
Property taxes in Athelstane, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Athelstane is 1.15%, which is higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Athelstane set these rates annually, and they can vary significantly across different neighborhoods. Each year, Athelstane 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 Athelstane's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54104 zip code has the highest median property tax rate of 1.15%, while the same zip code also has the lowest median tax rate of 1.15%. Understanding how these figures compare with Athelstane provides valuable insights into the varying tax landscape across Marinette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Athelstane Tax Rate
1.15%
Average Marinette County Tax Rate
1.37%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Athelstane, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54104 | 0.98% | 1.08% | 1.15% | 1.21% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Athelstane, Wisconsin
In Athelstane, 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 Marinette 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 Athelstane, 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 Athelstane helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the median home price in Athelstane is $70,200, with tax bills ranging from $469 at the 25th percentile to $2,094 at the 90th percentile. The zip code 54104 consistently shows the highest and lowest median tax bills at $832.
Average Athelstane Assessed Value
$70,200
Average Marinette County Assessed Value
$79,400
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Athelstane, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54104 | $20,400 | $38,025 | $70,200 | $119,450 | $172,950 |
Source: Ownwell
Property Tax Bills Across Athelstane, Wisconsin
In Athelstane, Marinette County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Athelstane is $70,200. To determine the tax bill, the assessed value of the property is multiplied by the local tax rate. Factors such as property improvements, market conditions, and neighborhood trends can influence the assessed value. Homeowners in Athelstane experience a range of tax bills. For example, the 25th percentile tax bill is $469, while the 75th percentile tax bill is $1,417. At the higher end, the 90th percentile tax bill reaches $2,094. The median tax bill in the area is $832, which is below the national median property tax rate of 0.99%. These tax bills impact homeowners by affecting their annual expenses and potentially influencing their decisions regarding property investments and home improvements. Understanding these factors can help homeowners better plan for their financial obligations.
Average Athelstane Tax Bill
$832
Average Marinette County Tax Bill
$1,289
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Athelstane, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54104 | $263 | $469 | $832 | $1,417 | $2,094 |
Source: Ownwell