Eau Galle, Wisconsin Property Taxes
The median property tax rate in EAU GALLE, WI is 1.49%, higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in EAU GALLE at $188,800, the typical annual property tax bill reaches $2,803, exceeding the national median of $2,690. Property taxes in EAU GALLE 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 EAU GALLE'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 EAU GALLE or another part of Pepin County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Eau Galle, 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 Eau Galle Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eau Galle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eau Galle 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 Eau Galle, Wisconsin
Property taxes in Eau Galle, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eau Galle is 1.49%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Eau Galle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eau Galle 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 Eau Galle's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54737 zip code has the highest median property tax rate of 1.49%, while the same zip code also has the lowest median tax rate of 1.49%. Understanding how these areas compare with Eau Galle provides valuable insights into the varying tax landscape across Pepin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eau Galle Tax Rate
1.49%
Average Pepin County Tax Rate
1.98%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eau Galle, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54737 | 1.48% | 1.48% | 1.49% | 1.49% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Eau Galle, Wisconsin
In Eau Galle, 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 Pepin 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 Eau Galle, 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 Eau Galle helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Eau Galle, the highest median tax bill is $2,803 in the 54737 zip code, which is also the lowest median tax bill.
Average Eau Galle Assessed Value
$188,800
Average Pepin County Assessed Value
$159,000
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eau Galle, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54737 | $107,800 | $139,950 | $188,800 | $212,350 | $435,300 |
Source: Ownwell
Property Tax Bills Across Eau Galle, Wisconsin
In Eau Galle, Pepin 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 the local assessor and reflects a percentage of the property's market value. For homeowners in Eau Galle, the median home price is $188,800. The property tax rate in this area is higher compared to the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. For instance, the 25th percentile tax bill is $2,078, while the 75th percentile tax bill reaches $3,154. At the 90th percentile, homeowners might see a tax bill as high as $6,464. These figures highlight the range of property tax burdens that homeowners in Eau Galle might experience, significantly impacting their annual expenses. Understanding these factors can help homeowners better anticipate their financial obligations and plan accordingly.
Average Eau Galle Tax Bill
$2,803
Average Pepin County Tax Bill
$2,950
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Eau Galle, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54737 | $1,600 | $2,078 | $2,803 | $3,154 | $6,464 |
Source: Ownwell