Glenbeulah, Wisconsin Property Taxes
The median property tax rate in Glenbeulah, WI is 1.26%, notably higher than the national median of 0.99% but lower than Wisconsin’s state median of 1.58%. With a median home value of $215,400 in Glenbeulah, the typical annual property tax bill reaches $2,944, surpassing the national median of $2,690. Property taxes in Glenbeulah are calculated based on the tax assessed value, which generally falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Glenbeulah'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 Glenbeulah or another part of Sheboygan County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Glenbeulah, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$2,714
Ownwell’s Glenbeulah Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glenbeulah with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glenbeulah 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 Glenbeulah, Wisconsin
Property taxes in Glenbeulah, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glenbeulah is 1.26%, which is notably higher than the U.S. national median of 0.99%. Local government entities within Glenbeulah set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glenbeulah 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 Glenbeulah's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53023 has the highest median property tax rate of 1.26%, while the same zip code also has the lowest median tax rate of 1.26%. Understanding how these cities compare with Glenbeulah provides valuable insights into the varying tax landscape across Sheboygan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glenbeulah Tax Rate
1.26%
Average Sheboygan County Tax Rate
1.82%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glenbeulah, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53023 | 1.21% | 1.21% | 1.26% | 1.73% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Glenbeulah, Wisconsin
In Glenbeulah, 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 Sheboygan 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 Glenbeulah, 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 Glenbeulah helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Glenbeulah is $215,400, with tax bills ranging significantly. The 25th percentile tax bill is $2,169, while the 75th percentile tax bill is $4,235. The highest median tax bill, recorded at $2,944, is found in zip code 53023, which also has the lowest median tax bill.
Average Glenbeulah Assessed Value
$215,400
Average Sheboygan County Assessed Value
$188,600
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glenbeulah, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53023 | $107,590 | $153,650 | $215,400 | $309,075 | $415,970 |
Source: Ownwell
Property Tax Bills Across Glenbeulah, Wisconsin
In Glenbeulah, Sheboygan County, WI, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the local assessor, who evaluates the property's market value. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. Several factors influence the assessed value, including the property's size, location, and condition, as well as recent sales of comparable properties in the area. Homeowners in Glenbeulah can expect a median tax bill of $2,944, which is significantly higher than the national median property tax rate of 0.99%. The tax bill can vary widely, with those in the 25th percentile paying around $2,169, while those in the 90th percentile may see bills as high as $5,472. For homeowners, these property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life in the community.
Average Glenbeulah Tax Bill
$2,944
Average Sheboygan County Tax Bill
$3,209
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Glenbeulah, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53023 | $1,640 | $2,169 | $2,944 | $4,235 | $5,472 |
Source: Ownwell