Briggsville, Wisconsin Property Taxes
The median property tax rate in Briggsville, WI is 1.37%, which is significantly higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $211,650 in Briggsville, the typical annual property tax bill amounts to $2,930, surpassing the national median of $2,690. Property taxes in Briggsville are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Briggsville'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 Briggsville or another part of Adams County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Briggsville, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$2,900
Ownwell’s Briggsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Briggsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Briggsville 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 Briggsville, Wisconsin
Property taxes in Briggsville, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Briggsville is 1.37%, significantly higher than the U.S. national median of 0.99%. Local government entities within Briggsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Briggsville 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 Briggsville's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53920 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 Briggsville provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Briggsville Tax Rate
1.37%
Average Adams County Tax Rate
1.20%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Briggsville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53920 | 1.36% | 1.37% | 1.37% | 1.38% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Briggsville, Wisconsin
In Briggsville, 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 Adams 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 Briggsville, 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. For example, the median home price is $211,650, with tax bills ranging from $2,152 at the 25th percentile to $4,179 at the 90th percentile. The zip code with the highest median tax bill is 53920, with a value of $2,930. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Briggsville Assessed Value
$211,650
Average Adams County Assessed Value
$106,900
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Briggsville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53920 | $153,800 | $156,500 | $211,650 | $280,175 | $306,950 |
Source: Ownwell
Property Tax Bills Across Briggsville, Wisconsin
In Briggsville, Adams 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 county assessor and reflects the market value of the property. Homeowners in Briggsville typically experience a range of tax bills, with the 25th percentile at $2,152 and the 75th percentile at $3,863. The highest median tax bill in the area is $2,930, which is notably higher than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. These taxes are crucial for funding local services such as schools, infrastructure, and emergency services. For homeowners, these tax bills represent a significant annual expense, impacting overall affordability and long-term financial planning. Understanding how these taxes are calculated helps homeowners anticipate their yearly obligations and manage their budgets more effectively.
Average Briggsville Tax Bill
$2,930
Average Adams County Tax Bill
$1,401
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Briggsville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53920 | $2,114 | $2,152 | $2,930 | $3,863 | $4,179 |
Source: Ownwell