Kingston, Wisconsin Property Taxes
The median property tax rate in Kingston, WI is 1.47%, which is notably higher than the national median of 0.99% but slightly lower than Wisconsin's state median of 1.58%. With the median home value in Kingston at $100,400, the typical annual property tax bill amounts to $1,580, which is below the national median of $2,690. Property taxes in Kingston are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Kingston'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 Kingston or another part of Green Lake County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kingston, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.47%
Estimate Property Tax Bill
$1,476
Ownwell’s Kingston Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kingston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kingston 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 Kingston, Wisconsin
Property taxes in Kingston, Wisconsin, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kingston is 1.47%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Kingston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kingston 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 Kingston's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the zip code 53939 has the highest median property tax rate of 1.47%, while it also has the lowest median tax rate of 1.47%. Understanding how these areas compare with Kingston provides valuable insights into the varying tax landscape across Green Lake County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kingston Tax Rate
1.47%
Average Green Lake County Tax Rate
1.54%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kingston, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53939 | 1.38% | 1.41% | 1.47% | 1.58% | 2.00% |
Source: Ownwell
Property Tax Assessment Values Across Kingston, Wisconsin
In Kingston, 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 Green Lake 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. 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 Kingston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Kingston is $1,580 in the 53939 zip code, while the lowest median tax bill is also $1,580 in the same zip code.
Average Kingston Assessed Value
$100,400
Average Green Lake County Assessed Value
$141,945
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kingston, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53939 | $70,466 | $84,307 | $100,400 | $125,420 | $144,796 |
Source: Ownwell
Property Tax Bills Across Kingston, Wisconsin
In Kingston, located in Green Lake County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Kingston is $100,400, and the property tax rate is higher than the national median of 0.99%. Homeowners can expect tax bills ranging from $1,263 at the 25th percentile to $2,295 at the 90th percentile. The highest and lowest median tax bills in the area are both $1,580, which occurs in the zip code 53939. Various factors influence the final tax bill, including the property's assessed value, local government budgets, and public service funding needs. This means that as property values or municipal budgets rise, homeowners might see an increase in their tax bills. For Kingston residents, understanding these elements is crucial for financial planning, as property taxes represent a significant annual expense. The impact of these taxes is felt directly by homeowners, influencing their overall cost of living and potentially affecting property values in the long term.
Average Kingston Tax Bill
$1,580
Average Green Lake County Tax Bill
$2,317
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Kingston, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53939 | $1,147 | $1,263 | $1,580 | $1,992 | $2,295 |
Source: Ownwell