Haugen, Wisconsin Property Taxes
The median property tax rate in Haugen, WI is 1.20%, slightly higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $116,900 in Haugen, the typical annual property tax bill is $1,372, which is below the national median of $2,690. Property taxes in Haugen are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Haugen'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 Haugen or another part of Barron County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Haugen, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,403
Ownwell’s Haugen Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Haugen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Haugen 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 Haugen, Wisconsin
Property taxes in Haugen, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Haugen is 1.20%, significantly higher than the U.S. national median of 0.99%. Local government entities within Haugen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Haugen 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 Haugen's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54841 has both the highest and lowest median property tax rate of 1.20%. Understanding how these cities compare with Haugen 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 Haugen Tax Rate
1.20%
Average Barron County Tax Rate
1.25%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Haugen, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54841 | 0.94% | 1.11% | 1.20% | 1.27% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Haugen, Wisconsin
In Haugen, 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 Haugen, 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 Haugen helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Haugen are both $1,372, found in zip code 54841.
Average Haugen Assessed Value
$116,900
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 Haugen, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54841 | $42,600 | $77,900 | $116,900 | $145,800 | $189,980 |
Source: Ownwell
Property Tax Bills Across Haugen, Wisconsin
In Haugen, Barron County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Haugen is $116,900, and the property tax rate is applied to this assessed value to determine the tax bill. Factors such as the property's location, improvements, and market conditions are considered when assessing the value. Homeowners in Haugen can expect their tax bills to vary, with the 25th percentile tax bill at $886 and the 75th percentile reaching $1,802. For those in the 90th percentile, the tax bill can be as high as $2,419. The highest and lowest median tax bills in the area are both recorded at $1,372 in the 54841 zip code, reflecting a consistent tax rate across different properties. Compared to the national median property tax rate of 0.99%, Haugen's rates are competitive, offering homeowners a relatively predictable and manageable property tax environment. Understanding these factors helps homeowners anticipate their annual expenses and budget accordingly.
Average Haugen Tax Bill
$1,372
Average Barron County Tax Bill
$2,341
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Haugen, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54841 | $473 | $886 | $1,372 | $1,802 | $2,419 |
Source: Ownwell