Hager City, Wisconsin Property Taxes
The median property tax rate in Hager City, WI is 2.11%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Hager City at $168,436, the typical annual property tax bill reaches $3,377, exceeding the national median of $2,690. Property taxes in Hager City 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 Hager City'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 Hager City or another part of Pierce County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hager City, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.11%
Estimate Property Tax Bill
$3,554
Ownwell’s Hager City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hager City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hager City 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 Pierce County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Hager City, Wisconsin
Property taxes in Hager City, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hager City is 2.11%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Hager City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hager City 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 Hager City's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the 54014 zip code has the highest median property tax rate of 2.11%, while the same zip code also has the lowest median tax rate of 2.11%. Understanding how these figures compare with Hager City 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 Hager City Tax Rate
2.11%
Average Pierce County Tax Rate
1.89%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hager City, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54014 | 1.54% | 1.98% | 2.11% | 2.11% | 2.11% |
Source: Ownwell
Property Tax Assessment Values Across Hager City, Wisconsin
In Hager City, 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 Hager City, 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 Hager City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Hager City are both $3,377, found in the zip code 54014.
Average Hager City Assessed Value
$168,436
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 Hager City, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54014 | $76,548 | $125,311 | $168,436 | $230,863 | $309,546 |
Source: Ownwell
Property Tax Bills Across Hager City, Wisconsin
Property tax bills in Hager City, located in Pierce County, WI, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the property. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. In Hager City, the median home price is $168,436. Homeowners in this area can expect a range of property tax bills. For example, at the 25th percentile, tax bills are around $2,526, while at the 75th percentile, they can reach up to $4,399. The tax bill for those in the 90th percentile can be as high as $5,841. These property taxes are essential for funding local services, such as schools, public safety, and infrastructure. While the rates in Hager City may vary, they provide a crucial source of revenue for the community, directly impacting the quality of life for its residents.
Average Hager City Tax Bill
$3,377
Average Pierce County Tax Bill
$4,292
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Hager City, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54014 | $1,510 | $2,526 | $3,377 | $4,399 | $5,841 |
Source: Ownwell