Aniwa, Wisconsin Property Taxes
The median property tax rate in Aniwa, WI is 1.40%, which is higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $36,300 in Aniwa, the typical annual property tax bill is $507, significantly below the national median of $2,690. Property taxes in Aniwa are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Aniwa's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Aniwa 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
Aniwa, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$508
Ownwell’s Aniwa Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aniwa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aniwa 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 Aniwa, Wisconsin
Property taxes in Aniwa, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aniwa is 1.40%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Aniwa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aniwa 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 Aniwa's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54408 zip code has both the highest and lowest median property tax rate of 1.40%. Understanding how these cities compare with Aniwa provides valuable insights into the varying tax landscape across Marathon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aniwa Tax Rate
1.40%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aniwa, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54408 | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Aniwa, Wisconsin
In Aniwa, 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 Outagamie 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 Aniwa, 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. For instance, the median home price in Aniwa is $36,300, with the median tax bill being $507. By being aware of these valuation processes, residents can identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Aniwa Assessed Value
$36,300
Average Outagamie County Assessed Value
$190,900
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aniwa, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54408 | $36,300 | $36,300 | $36,300 | $36,300 | $36,300 |
Source: Ownwell
Property Tax Bills Across Aniwa, Wisconsin
In Aniwa, located in Outagamie County, WI, property tax bills are calculated based on the assessed value of the property and the local tax rate. The median home price in Aniwa is $36,300, and the median property tax bill is $507, which is significantly lower than the national median property tax rate of 0.99%. This calculation involves the local government assessing the property's value to determine its market worth. Factors such as property size, location, and improvements can influence the assessed value. Once the assessed value is determined, it is multiplied by the local tax rate to calculate the tax bill. For homeowners in Aniwa, this means that their property taxes are relatively low compared to other regions. This lower tax burden can make homeownership more affordable, potentially increasing the attractiveness of the area for prospective buyers. Understanding these factors helps homeowners anticipate their tax obligations and plan their finances accordingly.
Average Aniwa Tax Bill
$507
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Aniwa, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54408 | $507 | $507 | $507 | $507 | $507 |
Source: Ownwell