West Bend, Wisconsin Property Taxes
The median property tax rate in West Bend, WI is 1.11%, which is higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in West Bend at $394,400, the typical annual property tax bill reaches $4,264, surpassing the national median of $2,690. Property taxes in West Bend are calculated based on the assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding West Bend'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 West Bend 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
West Bend, 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 West Bend Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Bend with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Bend 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 West Bend, Wisconsin
Property taxes in West Bend, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Bend is 1.11%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within West Bend set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Bend 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 West Bend's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the 53090 zip code has the highest median property tax rate of 1.13%, while the 53095 zip code has the lowest median tax rate of 1.09%. Understanding how these areas compare with West Bend provides valuable insights into the varying tax landscape across Ozaukee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average West Bend Tax Rate
1.11%
Average Ozaukee County Tax Rate
1.24%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Bend, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53090 | 1.06% | 1.10% | 1.13% | 1.53% | 1.59% |
| 53095 | 0.95% | 0.97% | 1.09% | 1.12% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across West Bend, Wisconsin
In West Bend, 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 Ozaukee 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 West Bend, 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 West Bend is $394,400, with tax bills ranging from $3,302 at the 25th percentile to $6,503 at the 90th percentile. The highest median tax bill is $4,285 in zip code 53090, while the lowest is $4,236 in zip code 53095. By understanding 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average West Bend Assessed Value
$394,400
Average Ozaukee County Assessed Value
$339,400
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across West Bend, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53090 | $203,860 | $248,050 | $380,200 | $469,600 | $574,300 |
| 53095 | $239,840 | $310,250 | $401,250 | $480,825 | $592,840 |
Source: Ownwell
Property Tax Bills Across West Bend, Wisconsin
In West Bend, located in Ozaukee County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by local assessors who evaluate the property’s market value. The tax rate is then applied to this assessed value to calculate the annual tax bill. Several factors influence the tax bill, including the property's location, size, and any improvements made. Homeowners in West Bend experience varying tax bills. For instance, the 25th percentile tax bill is $3,302, while the 75th percentile reaches $5,233, and the 90th percentile can go up to $6,503. These figures highlight the range of property tax burdens within the city. The highest median tax bill in the area is $4,285 in the 53090 zip code, compared to the lowest at $4,236 in the 53095 zip code. These property taxes significantly impact homeowners' finances, often influencing decisions on buying, selling, or renovating properties.
Average West Bend Tax Bill
$4,264
Average Ozaukee County Tax Bill
$4,109
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across West Bend, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53090 | $2,756 | $3,390 | $4,285 | $5,601 | $6,750 |
| 53095 | $2,558 | $3,272 | $4,236 | $5,119 | $5,785 |
Source: Ownwell