Athens, Wisconsin Property Taxes
The median property tax rate in Athens, WI is 1.36%, which is considerably higher than the national median of 0.99%, but lower than the Wisconsin state median of 1.58%. With a median home value of $127,600 in Athens, the typical annual property tax bill reaches $1,706, falling below the national median of $2,690. Property taxes in Athens are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Athens' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Athens 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
Athens, 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 Athens Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Athens with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Athens to estimate your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property's assessed value is determined by the county for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Athens, Wisconsin
Property taxes in Athens, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Athens is 1.36%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Athens set these rates annually, and they can vary significantly across different neighborhoods. Each year, Athens 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 Athens's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54411 zip code has the highest median property tax rate of 1.36%, while the same zip code also has the lowest median tax rate of 1.36%. Understanding how these cities compare with Athens provides valuable insights into the varying tax landscape across Taylor County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Athens Tax Rate
1.36%
Average Taylor County Tax Rate
1.43%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Athens, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54411 | 1.04% | 1.26% | 1.36% | 1.40% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Athens, Wisconsin
In Athens, Wisconsin, grasping the difference between "market value" and "assessed value" is essential for understanding property taxes. The market value represents 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 Taylor 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 Athens, 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 Athens helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 54411, amounting to $1,706.
Average Athens Assessed Value
$127,600
Average Taylor County Assessed Value
$122,900
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Athens, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54411 | $31,560 | $61,350 | $127,600 | $214,700 | $227,420 |
Source: Ownwell
Property Tax Bills Across Athens, Wisconsin
In Athens, located in Taylor County, WI, property tax bills are determined based on the assessed value of a home. The median home price in Athens is $127,600. Property taxes are calculated by applying the local tax rate to the assessed value of the property. Several factors influence the final tax bill, including the home's assessed value, the local tax rate, and any applicable exemptions or deductions. For homeowners in Athens, the tax bill can vary significantly. At the 25th percentile, the tax bill is $808, while at the 75th percentile, it rises to $2,929, and at the 90th percentile, it can reach up to $3,140. Comparatively, the national median property tax rate stands at 0.99%, which provides a useful benchmark for understanding local tax burdens. Homeowners in Athens should be aware of these factors, as they directly impact their annual tax obligations. Understanding how property tax bills are calculated can help homeowners better plan their finances and potentially seek appeals or exemptions if they believe their assessed value is too high.
Average Athens Tax Bill
$1,706
Average Taylor County Tax Bill
$1,816
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Athens, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54411 | $318 | $808 | $1,706 | $2,929 | $3,140 |
Source: Ownwell