Plover, Wisconsin Property Taxes
The median property tax rate in Plover, WI is 1.59%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Plover at $236,500, the typical annual property tax bill reaches $3,680, exceeding the national median of $2,690. Property taxes in Plover 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 Plover'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 Plover 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
Plover, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.59%
Estimate Property Tax Bill
$3,760
Ownwell’s Plover Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Plover with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plover 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 Plover, Wisconsin
Property taxes in Plover, Wisconsin, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Plover is 1.59%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Plover set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plover 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 Plover's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the 54467 zip code has the highest median property tax rate of 1.59%, while the lowest median tax rate within the same zip code is also 1.59%. Understanding how these figures compare with Plover provides valuable insights into the varying tax landscape across Portage County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Plover Tax Rate
1.59%
Average Portage County Tax Rate
1.54%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plover, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54467 | 1.27% | 1.56% | 1.59% | 1.62% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across Plover, Wisconsin
In Plover, 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 Portage 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 Plover, 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 Plover helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Plover is $236,500, with tax bills ranging from $2,890 at the 25th percentile to $6,167 at the 90th percentile. The highest and lowest median tax bills in the area are both $3,680, found in the 54467 zip code.
Average Plover Assessed Value
$236,500
Average Portage County Assessed Value
$182,500
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Plover, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54467 | $102,300 | $192,150 | $236,500 | $301,125 | $385,600 |
Source: Ownwell
Property Tax Bills Across Plover, Wisconsin
In Plover, WI, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the Portage County assessor's office, which evaluates the property's market value. This value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the assessed value, including the size, age, and condition of the property, as well as recent sales of comparable homes in the area. Homeowners in Plover can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is around $2,890, while the 75th percentile reaches approximately $4,791. The tax bill at the 90th percentile can go up to $6,167. These property taxes fund essential local services such as schools, public safety, and infrastructure. Homeowners in Plover should be aware that their property tax bills can impact their overall cost of homeownership, making it crucial to understand these assessments and rates.
Average Plover Tax Bill
$3,680
Average Portage County Tax Bill
$2,873
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Plover, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54467 | $1,379 | $2,890 | $3,680 | $4,791 | $6,167 |
Source: Ownwell