Brandon, Wisconsin Property Taxes
The median property tax rate in Brandon, WI is 1.36%, which is higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $178,050 in Brandon, the typical annual property tax bill amounts to $2,412, which is below the national median of $2,690. Property taxes in Brandon are determined based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Brandon'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 Brandon or another part of Fond du Lac County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brandon, 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 Brandon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brandon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brandon 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 Brandon, Wisconsin
Property taxes in Brandon, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brandon is 1.36%, which is significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Brandon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brandon 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 Brandon's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53919 in Fond du Lac County has the highest median property tax rate of 1.36%, while the same zip code also has the lowest median tax rate of 1.36%. Understanding how these cities compare with Brandon provides valuable insights into the varying tax landscape across Fond du Lac County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brandon Tax Rate
1.36%
Average Fond Du Lac County Tax Rate
1.74%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brandon, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53919 | 1.21% | 1.26% | 1.36% | 1.55% | 1.65% |
Source: Ownwell
Property Tax Assessment Values Across Brandon, Wisconsin
In Brandon, 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 Fond du Lac 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 Brandon, 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. For instance, the median home price in Brandon is $178,050, with tax bills ranging from $1,811 at the 25th percentile to $4,338 at the 90th percentile. The highest and lowest median tax bills are both $2,412, found in the zip code 53919. By understanding 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 Brandon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Brandon Assessed Value
$178,050
Average Fond Du Lac County Assessed Value
$166,996
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brandon, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53919 | $29,980 | $128,110 | $178,050 | $237,018 | $321,908 |
Source: Ownwell
Property Tax Bills Across Brandon, Wisconsin
In Brandon, Fond du Lac County, WI, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local tax assessors and reflects the market value of the property. Homeowners in Brandon face a median property tax bill of $2,412, which is significantly higher than the national median property tax rate of 0.99%. Factors influencing the tax bill include the property's assessed value and the local tax rate set by the county. For example, homes in the 25th percentile of assessed values have tax bills around $1,811, while those in the 75th percentile face bills closer to $3,188. At the 90th percentile, tax bills can reach up to $4,338. These tax bills directly impact homeowners by influencing their annual housing costs and potentially affecting their overall financial planning. Understanding these factors is crucial for homeowners to manage their finances effectively and anticipate future tax obligations.
Average Brandon Tax Bill
$2,412
Average Fond Du Lac County Tax Bill
$2,722
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Brandon, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53919 | $363 | $1,811 | $2,412 | $3,188 | $4,338 |
Source: Ownwell