Windsor, Wisconsin Property Taxes
The median property tax rate in Windsor, WI is 1.74%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Windsor, the typical annual property tax bill reaches $5,531, exceeding the national median of $2,690. Property taxes in Windsor 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 Windsor'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 Windsor 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
Windsor, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.74%
Estimate Property Tax Bill
$5,351
Ownwell’s Windsor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Windsor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Windsor 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 Windsor, Wisconsin
Property taxes in Windsor, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windsor is 1.74%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Windsor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windsor 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 Windsor's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53598 zip code has the highest median property tax rate of 1.74%, while the same zip code also has the lowest median tax rate of 1.74%. Understanding how these cities compare with Windsor provides valuable insights into the varying tax landscape across Dane County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Windsor Tax Rate
1.74%
Average Dane County Tax Rate
2.02%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Windsor, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53598 | 1.52% | 1.62% | 1.74% | 1.89% | 2.06% |
Source: Ownwell
Property Tax Assessment Values Across Windsor, Wisconsin
In Windsor, 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 local 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 Windsor, 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 Windsor helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Windsor, the median home price is $307,500, with the 25th percentile tax bill at $4,085 and the 75th percentile tax bill at $6,904. The highest and lowest median tax bills are both $5,531 in the 53598 zip code.
Average Windsor Assessed Value
$307,500
Average Dane County Assessed Value
$304,700
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Windsor, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53598 | $135,600 | $214,225 | $307,500 | $398,200 | $471,550 |
Source: Ownwell
Property Tax Bills Across Windsor, Wisconsin
In Windsor, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Windsor is $307,500, and property taxes are applied to this assessed value to calculate the tax bill. Several factors influence the final tax bill, including the property’s location within Dane County, local government budgets, and the specific tax rate set by the county. For Windsor homeowners, the property tax bill can vary significantly. For instance, the tax bill at the 25th percentile is around $4,085, while at the 75th percentile, it climbs to approximately $6,904. At the 90th percentile, homeowners might see tax bills as high as $7,897. Comparatively, the national median property tax rate is 0.99%, highlighting that Windsor's property tax rates can be relatively high. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents.
Average Windsor Tax Bill
$5,531
Average Dane County Tax Bill
$7,324
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Windsor, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53598 | $2,713 | $4,085 | $5,531 | $6,904 | $7,897 |
Source: Ownwell