Hustler, Wisconsin Property Taxes
The median property tax rate in Hustler, WI is 1.29%, which is significantly higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $112,100 in Hustler, the typical annual property tax bill amounts to $1,448, falling below the national median of $2,690. Property taxes in Hustler are calculated based on the assessed value, which is often lower than the market value due to various exemptions like those for primary residences and agricultural properties. Understanding Hustler'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 Hustler or another part of Juneau County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hustler, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$1,446
Ownwell’s Hustler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hustler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hustler 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 Hustler, Wisconsin
Property taxes in Hustler, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hustler is 1.29%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Hustler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hustler 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 Hustler's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54637 zip code has the highest median property tax rate of 1.29%, while the 54637 zip code has the lowest median tax rate of 1.29%. Understanding how these areas compare with Hustler provides valuable insights into the varying tax landscape across Juneau County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hustler Tax Rate
1.29%
Average Juneau County Tax Rate
1.39%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hustler, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54637 | 1.20% | 1.24% | 1.29% | 1.37% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Hustler, Wisconsin
In Hustler, 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 Juneau 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 Hustler, 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 Hustler helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 54637, both at $1,448.
Average Hustler Assessed Value
$112,100
Average Juneau County Assessed Value
$133,500
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hustler, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54637 | $57,680 | $92,775 | $112,100 | $160,350 | $211,530 |
Source: Ownwell
Property Tax Bills Across Hustler, Wisconsin
In Hustler, located in Juneau County, WI, property tax bills are calculated based on the assessed value of a home. The process begins with the local assessor determining the market value of a property, which is then multiplied by the assessment ratio to find the assessed value. This assessed value is further multiplied by the local tax rate to calculate the property tax bill. Several factors influence the property tax bill, including the property's size, location, and condition. For instance, homes in the 25th percentile of tax bills pay around $1,151, while those in the 75th percentile face a bill of approximately $2,154. At the 90th percentile, homeowners could see tax bills as high as $2,921. This variation significantly impacts homeowners, as those with higher-valued properties or homes in desirable areas typically face higher tax bills. Compared to the national median property tax rate of 0.99%, the tax rates in Hustler can be quite different, affecting how much homeowners need to budget annually for property taxes.
Average Hustler Tax Bill
$1,448
Average Juneau County Tax Bill
$2,011
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Hustler, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54637 | $619 | $1,151 | $1,448 | $2,154 | $2,921 |
Source: Ownwell