Kohler, Wisconsin Property Taxes
The median property tax rate in Kohler, WI is 1.70%, considerably higher than both the national median of 0.99% and Wisconsin's state median of 1.58%. With the median home value in Kohler at $276,200, the typical annual property tax bill reaches $4,696, exceeding the national median of $2,690. Property taxes in Kohler 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 Kohler'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 Kohler 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
Kohler, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.7%
Estimate Property Tax Bill
$4,695
Ownwell’s Kohler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kohler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kohler 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 Kohler, Wisconsin
Property taxes in Kohler, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kohler is 1.70%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Kohler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kohler 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 Kohler's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the 53044 zip code has the highest median property tax rate of 1.70%, while the lowest median tax rate in the same zip code is also 1.70%. Understanding how these areas compare with Kohler 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 Kohler Tax Rate
1.70%
Average Sheboygan County Tax Rate
1.82%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kohler, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53044 | 1.70% | 1.70% | 1.70% | 1.70% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Kohler, Wisconsin
In Kohler, 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 Kohler, 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 Kohler helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 53044 has both the highest and lowest median tax bill at $4,696.
Average Kohler Assessed Value
$276,200
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 Kohler, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53044 | $178,840 | $212,800 | $276,200 | $380,350 | $588,770 |
Source: Ownwell
Property Tax Bills Across Kohler, Wisconsin
In Kohler, Sheboygan County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence this calculation, including the market value of the property, improvements made to the home, and any applicable exemptions or abatements. For homeowners in Kohler, the median home price stands at $276,200. Property tax bills can vary significantly, ranging from $3,636 at the 25th percentile to $10,041 at the 90th percentile. The median tax bill in the highest and lowest zip codes is $4,696, reflecting the uniformity within the area. Compared to the national median property tax rate of 0.99%, Kohler’s tax rates can result in higher annual bills for homeowners, impacting their overall cost of living. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Kohler Tax Bill
$4,696
Average Sheboygan County Tax Bill
$3,209
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Kohler, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53044 | $3,073 | $3,636 | $4,696 | $6,491 | $10,041 |
Source: Ownwell