Union Center, Wisconsin Property Taxes
The median property tax rate in Union Center, WI is 1.53%, which is notably higher than the national median of 0.99% but slightly below the Wisconsin state median of 1.58%. With the median home value in Union Center at $92,100, the typical annual property tax bill amounts to $1,343, which is below the national median of $2,690. Property taxes in Union Center are calculated based on the assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural land. Gaining a thorough understanding of Union Center's property tax system, exploring available exemptions, and finding opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Union Center or elsewhere in the city, grasping the local property tax nuances will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Union Center, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.53%
Estimate Property Tax Bill
$1,409
Ownwell’s UNION CENTER Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in UNION CENTER with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in UNION CENTER 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 Union Center, Wisconsin
Property taxes in Union Center, Wisconsin, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Union Center is 1.53%, significantly higher than both the Wisconsin state median of 1.53% and the U.S. national median of 0.99%. Local government entities within Union Center set these rates annually, and they can vary significantly across different neighborhoods. Each year, Union Center 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 Union Center's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53962 zip code has the highest median property tax rate of 1.53%, while the same zip code also has the lowest median tax rate of 1.53%. Understanding how these cities compare with Union Center 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 Union Center Tax Rate
1.53%
Average Juneau County Tax Rate
1.39%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Union Center, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53962 | 1.38% | 1.45% | 1.53% | 1.61% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across Union Center, Wisconsin
In Union Center, 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 Union Center, 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 is $92,100, with tax bills ranging from $947 at the 25th percentile to $3,167 at the 90th percentile. Understanding these valuation concepts helps property owners navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions. This knowledge is vital for effectively managing your tax burden in Union Center.
Average Union Center Assessed Value
$92,100
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 Union Center, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53962 | $45,040 | $63,600 | $92,100 | $128,100 | $188,920 |
Source: Ownwell
Property Tax Bills Across Union Center, Wisconsin
In Union Center, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors who estimate the market value. The median home price in this area is $92,100. Property taxes are then applied to this assessed value using the local tax rate, which is influenced by county and municipal budgets. For Union Center, the tax bill for homeowners can vary significantly. At the 25th percentile, the tax bill is around $947, while at the 75th percentile, it reaches $1,975. For those at the 90th percentile, it can go up to $3,167. These tax bills impact homeowners by influencing their annual housing costs and potentially affecting their ability to afford other expenses. Compared to the national median property tax rate of 0.99%, Union Center's rates reflect the local economic conditions and funding needs, making it crucial for homeowners to stay informed about their property's assessed value and any changes in local tax rates.
Average Union Center Tax Bill
$1,343
Average Juneau County Tax Bill
$2,011
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Union Center, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53962 | $699 | $947 | $1,343 | $1,975 | $3,167 |
Source: Ownwell