Arpin, Wisconsin Property Taxes
The median property tax rate in Arpin, WI is 1.25%, which is significantly higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Arpin, the typical annual property tax bill is $2,115, falling below the national median of $2,690. Property taxes in Arpin are calculated based on the tax assessed value, which often is less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Arpin's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Arpin or another part of Wood County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arpin, Wisconsin Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$3,160
Ownwell’s Arpin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arpin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arpin 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 Arpin, Wisconsin
Property taxes in Arpin, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arpin is 1.25%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Arpin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arpin 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 Arpin's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54410 zip code has the highest median property tax rate of 1.25%, while the 54410 zip code also has the lowest median tax rate of 1.25%. Understanding how these cities compare with Arpin provides valuable insights into the varying tax landscape across Wood County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arpin Tax Rate
1.25%
Average Wood County Tax Rate
1.75%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arpin, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54410 | 1.10% | 1.19% | 1.25% | 1.32% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Arpin, Wisconsin
In Arpin, 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 Wood 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 Arpin, 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 Arpin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in Arpin is $2,115, observed in the 54410 zip code.
Average Arpin Assessed Value
$168,100
Average Wood County Assessed Value
$143,800
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arpin, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54410 | $58,380 | $95,200 | $168,100 | $236,850 | $306,060 |
Source: Ownwell
Property Tax Bills Across Arpin, Wisconsin
In Arpin, WI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For example, with a median home price of $168,100, homeowners can expect varying tax bills depending on specific factors such as property location and any applicable exemptions. In Wood County, where Arpin is located, the tax bill for the 25th percentile is around $1,225, while those in the 75th percentile pay approximately $3,031. The 90th percentile tax bill reaches up to $3,959. These figures highlight the range of tax burdens that homeowners may face. Compared to the national median property tax rate of 0.99%, Arpin's tax rates can be significantly higher, impacting homeowners' annual financial planning. Understanding these factors helps homeowners anticipate their tax liabilities and manage their budgets accordingly.
Average Arpin Tax Bill
$2,115
Average Wood County Tax Bill
$2,331
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Arpin, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54410 | $671 | $1,225 | $2,115 | $3,031 | $3,959 |
Source: Ownwell