Hortonville, Wisconsin Property Taxes
The median property tax rate in Hortonville, WI is 1.31%, which is considerably higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Hortonville at $230,600, the typical annual property tax bill reaches $3,251, exceeding the national median of $2,690. Property taxes in Hortonville 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 Hortonville'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 Hortonville 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
Hortonville, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$3,021
Ownwell’s Hortonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hortonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hortonville 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 Hortonville, Wisconsin
Property taxes in Hortonville, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hortonville is 1.31%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Hortonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hortonville 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 Hortonville's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54944 zip code has the highest median property tax rate of 1.31%, while the 54944 zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Hortonville provides valuable insights into the varying tax landscape across Outagamie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hortonville Tax Rate
1.31%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hortonville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54944 | 1.20% | 1.25% | 1.31% | 1.78% | 1.81% |
Source: Ownwell
Property Tax Assessment Values Across Hortonville, Wisconsin
In Hortonville, 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 Hortonville, 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. For instance, the median home price in Hortonville is $230,600, with tax bills ranging from $2,251 at the 25th percentile to $5,934 at the 90th percentile. 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 Hortonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hortonville Assessed Value
$230,600
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 Hortonville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54944 | $60,480 | $146,275 | $230,600 | $324,750 | $421,500 |
Source: Ownwell
Property Tax Bills Across Hortonville, Wisconsin
In Hortonville, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local assessors who evaluate the property's market value. Once the assessment is made, the local tax rate is applied to this value to calculate the tax bill. For instance, in Hortonville, the median home price is $230,600, and property tax bills can vary significantly. Homeowners in the 25th percentile pay around $2,251 annually, while those in the 75th percentile face bills of approximately $4,629. At the 90th percentile, tax bills can reach up to $5,934. These tax bills are influenced by various factors, including property size, location, and market conditions. Compared to the national median property tax rate of 0.99%, Hortonville's rates can be seen as relatively high, impacting homeowners by increasing their annual housing costs. This can affect decisions on homeownership and investments in the area.
Average Hortonville Tax Bill
$3,251
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Hortonville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54944 | $826 | $2,251 | $3,251 | $4,629 | $5,934 |
Source: Ownwell