Saukville, Wisconsin Property Taxes
The median property tax rate in Saukville, WI is 1.43%, which is considerably higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Saukville at $261,700, the typical annual property tax bill reaches $3,560, surpassing the national median of $2,690. Property taxes in Saukville are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saukville'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 Saukville 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
Saukville, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$3,742
Ownwell’s Saukville Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Saukville using just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saukville to provide an estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, helping you make informed decisions. For those interested in more detailed insights, localized trends are available for further exploration. Your property’s assessed value, determined by the county, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Saukville, Wisconsin
Property taxes in Saukville, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saukville is 1.43%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Saukville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saukville 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 Saukville's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the 53080 zip code has the highest median property tax rate of 1.43%, while the same zip code also has the lowest median tax rate of 1.43%. Understanding how these cities compare with Saukville provides valuable insights into the varying tax landscape across Ozaukee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saukville Tax Rate
1.43%
Average Ozaukee County Tax Rate
1.24%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saukville, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53080 | 1.01% | 1.12% | 1.43% | 1.45% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Saukville, Wisconsin
In Saukville, 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 Ozaukee 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 Saukville, 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 Saukville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $3,560 in the 53080 zip code, which is also the lowest median tax bill.
Average Saukville Assessed Value
$261,700
Average Ozaukee County Assessed Value
$339,400
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saukville, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53080 | $183,440 | $225,400 | $261,700 | $347,700 | $436,420 |
Source: Ownwell
Property Tax Bills Across Saukville, Wisconsin
In Saukville, 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 the local assessor's office and reflects the market value of the property. This value is then multiplied by the local tax rate to calculate the annual tax bill. Several factors influence the tax bill, including the property's location, size, and improvements. For example, in Ozaukee County, where Saukville is located, homeowners face property tax bills ranging from $3,017 at the 25th percentile to $5,475 at the 90th percentile. The median home price in Saukville is $261,700, and the tax rate is higher than the national median property tax rate of 0.99%. For homeowners, these property taxes contribute significantly to local services such as schools, infrastructure, and emergency services. Understanding how these taxes are calculated helps homeowners better anticipate their annual expenses and plan their finances accordingly.
Average Saukville Tax Bill
$3,560
Average Ozaukee County Tax Bill
$4,109
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Saukville, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53080 | $2,342 | $3,017 | $3,560 | $4,549 | $5,475 |
Source: Ownwell