Wisconsin Dells, Wisconsin Property Taxes
The median property tax rate in Wisconsin Dells, WI, is 1.24%, which is higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Wisconsin Dells at $236,942, the typical annual property tax bill amounts to $2,773, slightly above the national median of $2,690. Property taxes in Wisconsin Dells are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Wisconsin Dells' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Wisconsin Dells or another part of Sauk County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wisconsin Dells, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$2,938
Ownwell’s Wisconsin Dells Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wisconsin Dells with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wisconsin Dells 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 Wisconsin Dells, Wisconsin
Property taxes in Wisconsin Dells, WI, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wisconsin Dells is 1.24%, higher than the U.S. national median of 0.99%. Local government entities within Wisconsin Dells set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wisconsin Dells 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 Wisconsin Dells' effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53965 has the highest median property tax rate of 1.24%, while the same zip code also has the lowest median tax rate of 1.24%. Understanding how these cities compare with Wisconsin Dells 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 Wisconsin Dells Tax Rate
1.24%
Average Sauk County Tax Rate
1.40%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wisconsin Dells, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53965 | 0.80% | 1.16% | 1.24% | 1.27% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Wisconsin Dells, Wisconsin
In Wisconsin Dells, 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. 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 Wisconsin Dells helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 53965, with a value of $2,773.
Property Tax Assessment Values Across Wisconsin Dells, Wisconsin
Source: Ownwell
$79,873
$224,914
$369,954
Average Wisconsin Dells Assessed Value
$236,942
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 Wisconsin Dells, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53965 | $59,357 | $123,587 | $236,942 | $415,690 | $493,601 |
Source: Ownwell
Property Tax Bills Across Wisconsin Dells, Wisconsin
In Wisconsin Dells, located in Sauk County, property tax bills are calculated based on the assessed value of a home. Assessors determine this value by evaluating various factors, including the property's market value, location, and physical characteristics. The local tax rate is then applied to the assessed value to determine the annual property tax bill. For homeowners in Wisconsin Dells, the tax burden can vary significantly. The median home price stands at $236,942, and property tax bills range widely. At the 25th percentile, homeowners can expect to pay around $1,367 annually, whereas those at the 75th percentile might see bills as high as $5,007. The 90th percentile reaches up to $6,280. Comparatively, the national median property tax rate is 0.99%, positioning Wisconsin Dells' property tax landscape as relatively moderate. This variability in tax bills impacts homeowners differently, influencing decisions on homeownership, property investments, and long-term financial planning.
Average Wisconsin Dells Tax Bill
$2,773
Average Sauk County Tax Bill
$3,357
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Wisconsin Dells, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53965 | $613 | $1,367 | $2,773 | $5,007 | $6,280 |
Source: Ownwell