Couderay, Wisconsin Property Taxes
The median property tax rate in Couderay, WI is 0.87%, which is notably lower than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Couderay at $188,450, the typical annual property tax bill amounts to $1,785, falling below the national median of $2,690. Property taxes in Couderay are calculated based on the tax assessed value, which often comes in lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Couderay'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 Couderay or elsewhere in Sawyer County, a thorough grasp of the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Couderay, 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 Couderay Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Couderay with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Couderay 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 Couderay, Wisconsin
Property taxes in Couderay, Wisconsin, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Couderay is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Couderay set these rates annually, and they can vary significantly across different neighborhoods. Each year, Couderay 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 Couderay's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54828 has both the highest and lowest median property tax rate of 0.87%. Understanding how these cities compare with Couderay provides valuable insights into the varying tax landscape across Sawyer County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Couderay Tax Rate
0.87%
Average Sawyer County Tax Rate
0.89%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Couderay, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54828 | 0.71% | 0.84% | 0.87% | 1.00% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Couderay, Wisconsin
In Couderay, 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 local 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 Couderay, 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 Couderay 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 $1,785 in zip code 54828, while the lowest is also $1,785 in the same zip code, highlighting a consistent tax landscape within this region.
Average Couderay Assessed Value
$188,450
Average Sawyer County Assessed Value
$195,000
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Couderay, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54828 | $38,640 | $86,325 | $188,450 | $289,800 | $446,650 |
Source: Ownwell
Property Tax Bills Across Couderay, Wisconsin
In Couderay, WI, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the local assessor and reflects the market value of the property. Homeowners in Couderay can expect their property tax bills to vary significantly depending on their home's assessed value and the local tax rate. For instance, the median home price in Couderay is $188,450. The property tax rate in Couderay is influenced by various factors, including the funding needs of local services such as schools, infrastructure, and public safety. Homeowners in the 25th percentile can expect a tax bill around $763, while those in the 75th percentile might see bills as high as $2,782. For those in the 90th percentile, the tax bill could reach up to $3,968. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax burdens. Understanding these factors helps homeowners in Couderay anticipate their annual tax responsibilities and budget accordingly.
Average Couderay Tax Bill
$1,785
Average Sawyer County Tax Bill
$1,766
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Couderay, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54828 | $271 | $763 | $1,785 | $2,782 | $3,968 |
Source: Ownwell