Bonduel, Wisconsin Property Taxes
The median property tax rate in Bonduel, WI is 1.37%, higher than both the national median of 0.99% and Wisconsin's state median of 1.58%. With the median home value in Bonduel at $159,572, the typical annual property tax bill reaches $2,429, slightly below the national median of $2,690. Property taxes in Bonduel are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Navigating Bonduel'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 Bonduel or another part of Shawano County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bonduel, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$2,186
Ownwell’s Bonduel Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bonduel with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bonduel 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 Shawano County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Bonduel, Wisconsin
Property taxes in Bonduel, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bonduel is 1.37%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Bonduel set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bonduel 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 Bonduel's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54107 has the highest median property tax rate of 1.37%, while the same zip code also has the lowest median tax rate of 1.37%. Understanding how these cities compare with Bonduel provides valuable insights into the varying tax landscape across Shawano County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bonduel Tax Rate
1.37%
Average Shawano County Tax Rate
1.29%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bonduel, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54107 | 1.21% | 1.27% | 1.37% | 1.83% | 1.95% |
Source: Ownwell
Property Tax Assessment Values Across Bonduel, Wisconsin
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bonduel, Wisconsin. The market value is the price a willing buyer would pay a willing seller in an open market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Shawano 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 Bonduel, 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 Bonduel helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Bonduel is $2,429 in the 54107 zip code, matching the lowest median tax bill, also $2,429 in the same zip code.
Average Bonduel Assessed Value
$159,572
Average Shawano County Assessed Value
$142,102
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bonduel, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54107 | $71,248 | $113,208 | $159,572 | $225,087 | $323,291 |
Source: Ownwell
Property Tax Bills Across Bonduel, Wisconsin
In Bonduel, Shawano 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 Shawano County Assessor's office, which evaluates the property's market value. This assessed value is then multiplied by the local tax rate to generate the annual property tax bill. Several factors influence the tax bill, including property size, location, and improvements. For homeowners in Bonduel, the tax bills vary significantly across different percentiles. For instance, at the 25th percentile, the tax bill is around $1,713, while at the 75th percentile, it rises to approximately $3,334. The 90th percentile sees tax bills as high as $4,581. The median home price in Bonduel is $159,572, and the property tax rate in Shawano County is relatively close to the national median rate of 0.99%. These property taxes directly impact homeowners by influencing their overall cost of homeownership and potentially affecting their financial planning and housing affordability.
Average Bonduel Tax Bill
$2,429
Average Shawano County Tax Bill
$2,012
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Bonduel, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54107 | $974 | $1,713 | $2,429 | $3,334 | $4,581 |
Source: Ownwell