Sand Creek, Wisconsin Property Taxes
The median property tax rate in Sand Creek, WI is 1.31%, which is higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Sand Creek at $101,000, the typical annual property tax bill reaches $1,318, surpassing the national median of $2,690. Property taxes in Sand Creek 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 Sand Creek'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 Sand Creek or another part of Dunn County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sand Creek, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$1,323
Ownwell’s SAND CREEK Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SAND CREEK with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SAND CREEK 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 Sand Creek, Wisconsin
Property taxes in Sand Creek, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sand Creek is 1.31%, significantly higher than the U.S. national median of 0.99%. Local government entities within Sand Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sand Creek 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. For comparison, the zip code 54765 has both the highest and lowest median property tax rate of 1.31%. Understanding how these areas compare with Sand Creek provides valuable insights into the varying tax landscape across Dunn County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sand Creek Tax Rate
1.31%
Average Dunn County Tax Rate
1.31%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sand Creek, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54765 | 1.13% | 1.20% | 1.31% | 1.34% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Sand Creek, Wisconsin
In Sand Creek, 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 Dunn County Assessor 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 Sand Creek, 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 Sand Creek helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 54765 has both the highest and lowest median tax bills at $1,318.
Average Sand Creek Assessed Value
$101,000
Average Dunn County Assessed Value
$211,100
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sand Creek, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54765 | $60,220 | $71,200 | $101,000 | $116,100 | $135,960 |
Source: Ownwell
Property Tax Bills Across Sand Creek, Wisconsin
In Sand Creek, Dunn County, WI, property tax bills are determined based on the assessed value of the property and the local tax rate. The median home price in Sand Creek is $101,000, and property tax rates are applied to this assessed value to calculate the tax bill. Homeowners in Sand Creek can expect their tax bills to vary significantly, with the 25th percentile tax bill at $853 and the 75th percentile tax bill at $1,555. For those in the 90th percentile, the tax bill can reach up to $1,865. These tax bills are influenced by various factors, including changes in property values and local government budget requirements. Compared to the national median property tax rate of 0.99%, Sand Creek's tax bills reflect the local economic conditions and funding needs. Homeowners in this area should be aware of these factors as they can impact their annual financial planning and overall cost of homeownership.
Average Sand Creek Tax Bill
$1,318
Average Dunn County Tax Bill
$2,914
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Sand Creek, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54765 | $681 | $853 | $1,318 | $1,555 | $1,865 |
Source: Ownwell