Kellnersville, Wisconsin Property Taxes
The median property tax rate in Kellnersville, WI is 1.02%, slightly higher than the national median of 0.99%, yet lower than the Wisconsin state median of 1.58%. With the median home value in Kellnersville at $132,704, the typical annual property tax bill amounts to $1,331, which is below the national median of $2,690. Property taxes in Kellnersville are calculated based on the assessed value, which often falls below market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Kellnersville'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 Kellnersville or another part of Manitowoc County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kellnersville, 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 Kellnersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kellnersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kellnersville 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 Kellnersville, Wisconsin
Property taxes in Kellnersville, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kellnersville is 1.02%, which is higher than the U.S. national median of 0.99%. Local government entities within Kellnersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kellnersville 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 Kellnersville's effective property tax rate to other areas in Manitowoc County and the national median. For comparison, the zip code 54215 has the highest median property tax rate of 1.02%, while the lowest median tax rate within the same area is also 1.02%. Understanding how these figures compare with Kellnersville provides valuable insights into the varying tax landscape across Manitowoc County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kellnersville Tax Rate
1.02%
Average Manitowoc County Tax Rate
1.49%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kellnersville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54215 | 0.96% | 0.99% | 1.02% | 1.04% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Kellnersville, Wisconsin
In Kellnersville, 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 Manitowoc 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 Kellnersville, 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 Kellnersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Homeowners in the 54215 zip code face a median tax bill of $1,331, which is the highest and lowest median tax bill in the area.
Property Tax Assessment Values Across Kellnersville, Wisconsin
Source: Ownwell
$116,650
$215,580
$314,510
Average Kellnersville Assessed Value
$132,704
Average Manitowoc County Assessed Value
$151,900
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kellnersville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54215 | $84,381 | $109,305 | $132,704 | $169,594 | $207,373 |
Source: Ownwell
Property Tax Bills Across Kellnersville, Wisconsin
In Kellnersville, located in Manitowoc County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by local assessors who evaluate the property’s worth, considering factors such as the home's size, location, and condition. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Kellnersville, the median home price stands at $132,704. With a local tax rate slightly above the national median of 0.99%, property tax bills can vary significantly. For instance, tax bills at the 25th percentile are around $1,120, while those at the 75th percentile reach approximately $1,756. At the 90th percentile, homeowners might see tax bills as high as $2,191. These property taxes fund essential public services such as schools, emergency services, and infrastructure, directly impacting the community’s quality of life. Homeowners should be aware of these factors as they significantly affect annual housing costs.
Average Kellnersville Tax Bill
$1,331
Average Manitowoc County Tax Bill
$2,169
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Kellnersville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54215 | $873 | $1,120 | $1,331 | $1,756 | $2,191 |
Source: Ownwell