Beldenville, Wisconsin Property Taxes
The median property tax rate in Beldenville, WI is 1.89%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Beldenville at $226,140, the typical annual property tax bill reaches $4,078, exceeding the national median of $2,690. Property taxes in Beldenville 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 Beldenville'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 Beldenville 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
Beldenville, 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 Beldenville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beldenville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beldenville 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 Beldenville, Wisconsin
Property taxes in Beldenville, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beldenville is 1.89%, significantly higher than the U.S. national median of 0.99%. Local government entities within Beldenville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beldenville 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. Understanding how Beldenville's effective property tax rate compares to other areas provides valuable insights into the varying tax landscape across Pierce County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Beldenville Tax Rate
1.89%
Average Pierce County Tax Rate
1.89%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beldenville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54003 | 1.48% | 1.63% | 1.89% | 1.98% | 1.98% |
Source: Ownwell
Property Tax Assessment Values Across Beldenville, Wisconsin
In Beldenville, 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 Pierce 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 Beldenville, 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 Beldenville 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 $4,078 in the 54003 zip code, while the lowest median tax bill is also $4,078 in the same zip code.
Average Beldenville Assessed Value
$226,140
Average Pierce County Assessed Value
$217,809
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beldenville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54003 | $97,303 | $159,624 | $226,140 | $302,992 | $396,872 |
Source: Ownwell
Property Tax Bills Across Beldenville, Wisconsin
In Beldenville, located in Pierce County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this area is $226,140. Property tax bills can vary significantly, with the 25th percentile at $2,965 and the 75th percentile reaching $5,408. The highest tax bills, in the 90th percentile, can go up to $6,933. Several factors influence these tax bills, including the assessed value of the property, local tax rates, and any applicable exemptions. Homeowners in Beldenville may find their property tax bills higher or lower depending on these variables. For instance, the median property tax rate in Pierce County is notably higher than the national median of 0.99%, contributing to the relatively high property tax bills in the area. Understanding these factors can help homeowners better anticipate their annual property tax obligations and plan their finances accordingly.
Average Beldenville Tax Bill
$4,078
Average Pierce County Tax Bill
$4,292
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Beldenville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54003 | $1,866 | $2,965 | $4,078 | $5,408 | $6,933 |
Source: Ownwell