Wild Rose, Wisconsin Property Taxes
The median property tax rate in Wild Rose, WI is 1.29%, higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Wild Rose at $194,900, the typical annual property tax bill reaches $2,550, which is below the national median of $2,690. Property taxes in Wild Rose are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Wild Rose'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 Wild Rose 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
Wild Rose, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$2,514
Ownwell’s Wild Rose Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wild Rose with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wild Rose 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 Wild Rose, Wisconsin
Property taxes in Wild Rose, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wild Rose is 1.29%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Wild Rose set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wild Rose 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 Wild Rose's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54984 zip code has the highest median property tax rate of 1.29%, while the 54984 zip code also has the lowest median tax rate of 1.29%. Understanding how these cities compare with Wild Rose provides valuable insights into the varying tax landscape across Waushara County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wild Rose Tax Rate
1.29%
Average Waushara County Tax Rate
1.26%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wild Rose, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54984 | 1.20% | 1.27% | 1.29% | 1.30% | 2.02% |
Source: Ownwell
Property Tax Assessment Values Across Wild Rose, Wisconsin
In Wild Rose, 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 Waushara 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 Wild Rose, 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 Wild Rose helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Wild Rose is $194,900, with the highest median tax bill being $2,550 in zip code 54984.
Average Wild Rose Assessed Value
$194,900
Average Waushara County Assessed Value
$163,950
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wild Rose, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54984 | $51,700 | $92,200 | $194,900 | $292,600 | $475,560 |
Source: Ownwell
Property Tax Bills Across Wild Rose, Wisconsin
In Wild Rose, WI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Wild Rose, the median home price stands at $194,900. The property tax rate in Waushara County significantly impacts the tax bill, with the national median property tax rate being 0.99%. Homeowners in this region might see a tax bill ranging from $1,405 at the 25th percentile to $6,308 at the 90th percentile. The median tax bill in the area is notably $2,550, which is in line with the highest and lowest median tax bills recorded in the 54984 zip code. These property taxes fund essential services like public schools, infrastructure, and emergency services, directly affecting the quality of life for residents. Understanding how these factors interplay can help homeowners better manage their finances and anticipate future tax liabilities.
Average Wild Rose Tax Bill
$2,550
Average Waushara County Tax Bill
$2,143
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Wild Rose, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54984 | $674 | $1,405 | $2,550 | $4,335 | $6,308 |
Source: Ownwell