Baraboo, Wisconsin Property Taxes
The median property tax rate in Baraboo, WI is 1.72%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Baraboo at $211,768, the typical annual property tax bill reaches $3,330, exceeding the national median of $2,690. Property taxes in Baraboo 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 Baraboo'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 Baraboo 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
Baraboo, 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 Baraboo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Baraboo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Baraboo 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 Baraboo, Wisconsin
Property taxes in Baraboo, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Baraboo is 1.72%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Baraboo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Baraboo 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 Baraboo's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53913 zip code has the highest median property tax rate of 1.72%, while the same zip code also has the lowest median tax rate of 1.72%. Understanding how these cities compare with Baraboo provides valuable insights into the varying tax landscape across Sauk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Baraboo Tax Rate
1.72%
Average Sauk County Tax Rate
1.40%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Baraboo, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53913 | 1.12% | 1.25% | 1.72% | 1.83% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across Baraboo, Wisconsin
In Baraboo, 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 Sauk 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 Baraboo, 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 Baraboo is $211,768, with tax bills ranging from $2,468 at the 25th percentile to $5,879 at the 90th percentile. The zip code 53913 has both the highest and lowest median tax bill, which stands at $3,330. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Baraboo Assessed Value
$211,768
Average Sauk County Assessed Value
$227,964
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Baraboo, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53913 | $117,669 | $159,218 | $211,768 | $287,089 | $393,402 |
Source: Ownwell
Property Tax Bills Across Baraboo, Wisconsin
In Baraboo, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Various factors influence the assessed value, including the home's market value, location, and any improvements made to the property. In Baraboo, the median home price is $211,768, which plays a significant role in the tax calculation. Homeowners in Baraboo can expect their tax bills to vary significantly. The 25th percentile tax bill is around $2,468, while the 75th percentile reaches $4,469. At the 90th percentile, homeowners could see tax bills as high as $5,879. This range indicates that property taxes can be a substantial financial consideration for homeowners, depending on their property's assessed value. The highest median tax bill recorded in the area is $3,330, which is above the national median property tax rate of 0.99%, highlighting the importance of understanding local tax obligations.
Average Baraboo Tax Bill
$3,330
Average Sauk County Tax Bill
$3,357
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Baraboo, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53913 | $1,604 | $2,468 | $3,330 | $4,469 | $5,879 |
Source: Ownwell