Hartford, Wisconsin Property Taxes
The median property tax rate in Hartford, WI is 0.11%, significantly lower than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Hartford, the typical annual property tax bill reaches $323, well below the national median of $2,690. Property taxes in Hartford 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 Hartford'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 Hartford 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
Hartford, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.11%
Estimate Property Tax Bill
$314
Ownwell’s Hartford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hartford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hartford 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 Hartford, Wisconsin
Property taxes in Hartford, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hartford is 1.68%, higher than both the Wisconsin state median of 1.53% and the U.S. national median of 0.99%. Local government entities within Hartford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hartford 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 Hartford's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53027 zip code has the highest median property tax rate of 1.68%, while the 53039 zip code has the lowest median tax rate of 1.16%. Understanding how these cities compare with Hartford 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 Hartford Tax Rate
0.11%
Average Dodge County Tax Rate
0.14%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hartford, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53027 | 0.11% | 0.11% | 0.11% | 0.12% | 0.13% |
Source: Ownwell
Property Tax Assessment Values Across Hartford, Wisconsin
In Hartford, 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 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 Hartford, 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 Hartford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Hartford are both $323.00, found in the zip code 53027.
Average Hartford Assessed Value
$285,100
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 Hartford, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53027 | $182,940 | $235,925 | $285,100 | $363,850 | $499,680 |
Source: Ownwell
Property Tax Bills Across Hartford, Wisconsin
In Hartford, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate set by Dodge County. The assessed value is determined by the county assessor, who evaluates the property’s market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $285,100, homeowners can expect varying tax bills depending on the percentile they fall into. The 25th percentile tax bill is $261, while the 75th percentile is $419, and the 90th percentile reaches $621. These tax bills can significantly impact homeowners, influencing their annual budgeting and long-term financial planning. Compared to the national median property tax rate of 0.99%, Hartford’s tax rates are relatively modest, providing some relief to homeowners. However, the exact tax burden will vary based on individual property assessments and local tax levies, making it crucial for homeowners to stay informed about their property’s assessed value and any changes in local tax policies.
Average Hartford Tax Bill
$323
Average Dodge County Tax Bill
$288
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Hartford, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53027 | $212 | $261 | $323 | $419 | $621 |
Source: Ownwell