Wrightstown, Wisconsin Property Taxes
The median property tax rate in Wrightstown, WI is 2.04%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Wrightstown, the typical annual property tax bill reaches $714, exceeding the national median of $2,690. Property taxes in Wrightstown are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Wrightstown'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 Wrightstown 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
Wrightstown, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.04%
Estimate Property Tax Bill
$702
Ownwell’s Wrightstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wrightstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wrightstown 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 Wrightstown, Wisconsin
Property taxes in Wrightstown, Wisconsin, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Wrightstown is 2.04%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Wrightstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wrightstown 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 Wrightstown's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54180 has the highest median property tax rate of 2.04%, while the same zip code also has the lowest median tax rate of 2.04%. Understanding how these cities compare with Wrightstown 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 Wrightstown Tax Rate
2.04%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wrightstown, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54180 | 1.94% | 1.98% | 2.04% | 2.08% | 2.08% |
Source: Ownwell
Property Tax Assessment Values Across Wrightstown, Wisconsin
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Wrightstown, Wisconsin. 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 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 Wrightstown, 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 highest median tax bill is found in the 54180 zip code, amounting to $714. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Wrightstown Assessed Value
$34,400
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 Wrightstown, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54180 | $2,300 | $13,700 | $34,400 | $260,500 | $357,720 |
Source: Ownwell
Property Tax Bills Across Wrightstown, Wisconsin
In Wrightstown, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Wrightstown is $34,400, and the tax rate applied to this value influences the final tax bill. For instance, homeowners in the 25th percentile can expect a tax bill around $284, while those in the 75th percentile face a tax bill of approximately $5,104. At the 90th percentile, the tax bill can reach up to $7,084. These figures are influenced by various factors, including market conditions, property improvements, and local government budget needs. Compared to the national median property tax rate of 0.99%, Wrightstown's tax bills reflect the specific economic and administrative landscape of Outagamie County. Homeowners need to be aware of these factors as they can significantly impact annual expenses, affecting overall affordability and long-term financial planning. Understanding how these elements interact is crucial for managing one's financial obligations effectively.
Average Wrightstown Tax Bill
$714
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Wrightstown, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54180 | $47 | $284 | $714 | $5,104 | $7,084 |
Source: Ownwell