Greenleaf, Wisconsin Property Taxes
The median property tax rate in Greenleaf, WI is 1.32%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Greenleaf at $244,700, the typical annual property tax bill reaches $3,112, exceeding the national median of $2,690. Property taxes in Greenleaf 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 Greenleaf'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 Greenleaf 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
Greenleaf, 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 Greenleaf Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Greenleaf with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Greenleaf 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 Greenleaf, Wisconsin
Property taxes in Greenleaf, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Greenleaf is 1.32%, significantly higher than the U.S. national median of 0.99%. Local government entities within Greenleaf set these rates annually, and they can vary significantly across different neighborhoods. Each year, Greenleaf 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 Greenleaf's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54126 zip code has the highest median property tax rate of 1.32%, while the 54126 zip code also has the lowest median tax rate of 1.32%. Understanding how these areas compare with Greenleaf provides valuable insights into the varying tax landscape across Brown County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Greenleaf Tax Rate
1.32%
Average Brown County Tax Rate
1.47%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greenleaf, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54126 | 1.07% | 1.13% | 1.32% | 1.37% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Greenleaf, Wisconsin
In Greenleaf, 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 Brown 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 Greenleaf, 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 Greenleaf helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Greenleaf is $3,112 in the 54126 zip code, while the lowest median tax bill is also $3,112 in the same zip code.
Average Greenleaf Assessed Value
$244,700
Average Brown County Assessed Value
$232,300
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Greenleaf, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54126 | $130,530 | $177,475 | $244,700 | $340,600 | $440,800 |
Source: Ownwell
Property Tax Bills Across Greenleaf, Wisconsin
In Greenleaf, located in Brown County, WI, property tax bills are calculated based on the assessed value of homes, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $244,700, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. Several factors influence the tax bill, including the property's size, location, and any applicable exemptions. In Greenleaf, tax bills range significantly, with the 25th percentile at $2,258 and the 75th percentile at $4,466. The 90th percentile reaches as high as $5,870, showcasing the variability based on property assessments. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting homeowners by contributing to the overall quality of life in the community. Compared to the national median property tax rate of 0.99%, Greenleaf's rates highlight the importance of accurate property assessments in determining fair tax contributions.
Average Greenleaf Tax Bill
$3,112
Average Brown County Tax Bill
$3,396
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Greenleaf, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54126 | $1,520 | $2,258 | $3,112 | $4,466 | $5,870 |
Source: Ownwell