Little Chute, Wisconsin Property Taxes
The median property tax rate in Little Chute, WI is 1.56%, slightly lower than the Wisconsin state median of 1.58% but still significantly higher than the national median of 0.99%. With a median home value in Little Chute of $174,800, the typical annual property tax bill reaches $2,750, surpassing the national median of $2,690. Property taxes in Little Chute are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Little Chute'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 Little Chute or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Little Chute, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.56%
Estimate Property Tax Bill
$2,727
Ownwell’s Little Chute Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Little Chute with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Little Chute 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 Little Chute, Wisconsin
Property taxes in Little Chute, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Little Chute stands at 1.56%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Little Chute set these rates annually, and they can vary considerably across different neighborhoods. Each year, Little Chute 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 Little Chute's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the 54911 zip code has the highest median property tax rate of 1.66%, while the 54140 zip code has the lowest median tax rate of 1.56%. Understanding how these areas compare with Little Chute provides valuable insights into the varying tax landscape across Outagamie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Little Chute Tax Rate
1.56%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Little Chute, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54140 | 1.49% | 1.53% | 1.56% | 1.60% | 1.66% |
| 54911 | 1.61% | 1.62% | 1.66% | 1.73% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Little Chute, Wisconsin
In Little Chute, 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 Outagamie 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 Little Chute, 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. For instance, the highest median tax bill in the area is $3,756 in the 54911 zip code, while the lowest median tax bill is $2,743 in the 54140 zip code. Being aware of these valuation processes in Little Chute helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Little Chute Assessed Value
$174,800
Average Outagamie County Assessed Value
$190,900
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Little Chute, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54140 | $107,040 | $139,700 | $174,400 | $213,700 | $259,120 |
| 54911 | $33,160 | $44,700 | $232,200 | $313,000 | $409,180 |
Source: Ownwell
Property Tax Bills Across Little Chute, Wisconsin
In Little Chute, Outagamie County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. Homeowners in Little Chute typically see property tax bills that range significantly. For instance, the 25th percentile tax bill is around $2,144, while those in the 75th percentile can expect to pay approximately $3,450. At the higher end, the 90th percentile tax bill reaches up to $4,265. These figures indicate a considerable variation depending on the property's assessed value and specific location within the city. Factors that influence the tax bill include the home's assessed value, which is determined by local assessors, and the tax rate set by local government entities. Homeowners in Little Chute should be aware that their property tax bills can be higher or lower than the national median property tax rate of 0.99%, depending on these local assessments and rates. This variability can significantly impact homeowners, influencing both their annual budgeting and long-term financial planning.
Average Little Chute Tax Bill
$2,750
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Little Chute, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54140 | $1,609 | $2,148 | $2,743 | $3,435 | $4,225 |
| 54911 | $573 | $773 | $3,756 | $5,151 | $6,814 |
Source: Ownwell