Dallas, Wisconsin Property Taxes
The median property tax rate in Dallas, WI is 1.19%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Dallas at $132,400, the typical annual property tax bill reaches $1,615, exceeding the national median of $2,690. Property taxes in Dallas 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 Dallas'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 Dallas 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
Dallas, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$1,576
-$16,512
Ownwell’s Dallas Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dallas with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dallas 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 Dallas, Wisconsin
Property taxes in Dallas, Wisconsin, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dallas is 1.19%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Dallas set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dallas 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 Dallas's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54733 zip code has the highest median property tax rate of 1.19%, while the same 54733 zip code also has the lowest median tax rate of 1.19%. Understanding how these cities compare with Dallas provides valuable insights into the varying tax landscape across Barron County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dallas Tax Rate
1.19%
Average Barron County Tax Rate
1.25%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dallas, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54733 | 0.97% | 1.11% | 1.19% | 1.26% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Dallas, Wisconsin
In Dallas, 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 Barron 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 Dallas, 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. The median home price in Dallas is $132,400, with the 25th percentile tax bill at $983 and the 75th percentile at $2,465. The highest median tax bill is $1,615 in the 54733 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dallas Assessed Value
$132,400
Average Barron County Assessed Value
$176,200
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dallas, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54733 | $34,900 | $88,800 | $132,400 | $201,700 | $288,900 |
Source: Ownwell
Property Tax Bills Across Dallas, Wisconsin
In Dallas, WI, within Barron County, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. This value is then multiplied by the local property tax rate to determine the annual tax bill. Several factors influence the tax bill, including the median home price in the area, which stands at $132,400. Homeowners in the 25th percentile can expect to pay around $983 annually, while those in the 75th percentile might see bills as high as $2,465. For the top 10% of homes, tax bills can reach up to $3,611. Compared to the national median property tax rate of 0.99%, the property tax rates in Dallas, WI, can significantly impact homeowners, especially those with higher-valued properties. The highest and lowest median tax bills in the area both sit at $1,615, indicating some consistency in tax assessments within the region.
Average Dallas Tax Bill
$1,615
Average Barron County Tax Bill
$2,341
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Dallas, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54733 | $339 | $983 | $1,615 | $2,465 | $3,611 |
Source: Ownwell