Ixonia, Wisconsin Property Taxes
The median property tax rate in Ixonia, WI is 0.14%, significantly lower than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Ixonia at $284,800, the typical annual property tax bill is $401, well below the national median of $2,690. Property taxes in Ixonia are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ixonia'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 Ixonia or another part of Dodge County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ixonia, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.14%
Estimate Property Tax Bill
$399
Ownwell’s Ixonia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ixonia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ixonia 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 Ixonia, Wisconsin
Property taxes in Ixonia, Wisconsin, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Ixonia is 1.69%, significantly higher than both the Wisconsin state median of 1.53% and the U.S. national median of 0.99%. Local government entities within Ixonia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ixonia 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. Understanding how Ixonia's effective property tax rate compares to other areas in Dodge County and the national median provides valuable insights into the varying tax landscape across the region, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ixonia Tax Rate
0.14%
Average Dodge County Tax Rate
0.14%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ixonia, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53036 | 0.13% | 0.14% | 0.14% | 0.14% | 0.14% |
Source: Ownwell
Property Tax Assessment Values Across Ixonia, Wisconsin
In Ixonia, 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 Ixonia, 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 Ixonia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $284,800, with the highest and lowest median tax bills both at $401 in the 53036 zip code.
Average Ixonia Assessed Value
$284,800
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 Ixonia, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53036 | $174,320 | $227,200 | $284,800 | $362,450 | $410,040 |
Source: Ownwell
Property Tax Bills Across Ixonia, Wisconsin
In Ixonia, located in Dodge County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor's office, reflecting a percentage of the property's market value. The local tax rate is then applied to this assessed value to determine the tax bill. For example, with the median home price in Ixonia at $284,800, homeowners can expect their tax bills to vary significantly. The 25th percentile tax bill is $314, while the 75th percentile tax bill reaches $503, and the 90th percentile tax bill is $576. This range illustrates how different factors, such as property location and specific assessments, impact the final tax amount. Compared to the national median property tax rate of 0.99%, Ixonia’s tax bills can be relatively moderate, making it an appealing location for homeowners who are looking to manage their property expenses effectively.
Average Ixonia Tax Bill
$401
Average Dodge County Tax Bill
$288
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Ixonia, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53036 | $239 | $314 | $401 | $503 | $576 |
Source: Ownwell