Clyman, Wisconsin Property Taxes
The median property tax rate in Clyman, WI is 0.19%, significantly lower than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Clyman at $128,400, the typical annual property tax bill amounts to $235, well below the national median of $2,690. Property taxes in Clyman are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Clyman'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 Clyman or another part of Dodge County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clyman, 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 Clyman Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clyman with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clyman 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 Clyman, Wisconsin
Property taxes in Clyman, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clyman is 1.41%, significantly higher than both the Wisconsin state median of 1.53% and the U.S. national median of 0.99%. Local government entities within Clyman set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clyman 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 Clyman's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the highest median property tax rate in the area is 1.53%, while the lowest median tax rate is 0.19%. Understanding how these cities compare with Clyman provides valuable insights into the varying tax landscape across Dodge County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clyman Tax Rate
0.19%
Average Dodge County Tax Rate
0.14%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clyman, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53016 | 0.16% | 0.18% | 0.19% | 0.19% | 0.20% |
Source: Ownwell
Property Tax Assessment Values Across Clyman, Wisconsin
In Clyman, 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 Dodge County Assessment Office 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 Clyman, 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 Clyman helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price is $128,400, with the highest and lowest median tax bills both at $235 in the 53016 zip code.
Average Clyman Assessed Value
$128,400
Average Dodge County Assessed Value
$188,400
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clyman, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53016 | $31,440 | $57,250 | $128,400 | $169,250 | $195,040 |
Source: Ownwell
Property Tax Bills Across Clyman, Wisconsin
In Clyman, located in Dodge County, WI, property tax bills are calculated based on the assessed value of a home. The median home price in Clyman stands at $128,400. Property taxes are determined by multiplying the assessed value by the local tax rate. Various factors, such as property size, location, and improvements, influence the assessed value. Homeowners in Clyman can expect property tax bills to vary widely. For instance, at the 25th percentile, the tax bill is around $104, while at the 75th percentile, it can reach up to $316. The highest median tax bill in the area is $235, which is consistent across different zip codes within the city. Compared to the national median property tax rate of 0.99%, Clyman's property tax rates provide a relatively affordable option for homeowners. These property taxes fund essential local services, including schools, public safety, and infrastructure, directly impacting the quality of life for residents.
Average Clyman Tax Bill
$235
Average Dodge County Tax Bill
$288
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Clyman, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53016 | $57 | $104 | $235 | $316 | $368 |
Source: Ownwell