Pigeon Falls, Wisconsin Property Taxes
The median property tax rate in Pigeon Falls, WI is 1.48%, 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 Pigeon Falls at $193,800, the typical annual property tax bill reaches $2,908, surpassing the national median of $2,690. Property taxes in Pigeon Falls 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 Pigeon Falls' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Pigeon Falls 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
Pigeon Falls, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.48%
Estimate Property Tax Bill
$2,868
Ownwell’s Pigeon Falls Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pigeon Falls with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pigeon Falls to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and plan accordingly. 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 Pigeon Falls, Wisconsin
Property taxes in Pigeon Falls, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pigeon Falls is 1.48%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Pigeon Falls set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pigeon Falls 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 Pigeon Falls' effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54760 has the highest median property tax rate of 1.48%, while the same zip code also has the lowest median tax rate of 1.48%. Understanding how these cities compare with Pigeon Falls provides valuable insights into the varying tax landscape across Trempealeau County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pigeon Falls Tax Rate
1.48%
Average Trempealeau County Tax Rate
1.65%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pigeon Falls, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54760 | 1.40% | 1.45% | 1.48% | 1.49% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Pigeon Falls, Wisconsin
In Pigeon Falls, 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 Trempealeau 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 Pigeon Falls, 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 Pigeon Falls helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 54760, with a value of $2908.
Property Tax Assessment Values Across Pigeon Falls, Wisconsin
Source: Ownwell
$118,200
$190,500
$262,800
Average Pigeon Falls Assessed Value
$193,800
Average Trempealeau County Assessed Value
$169,050
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pigeon Falls, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54760 | $111,300 | $133,000 | $193,800 | $234,000 | $284,240 |
Source: Ownwell
Property Tax Bills Across Pigeon Falls, Wisconsin
In Pigeon Falls, Trempealeau County, property tax bills are calculated based on the assessed value of the home and the local tax rate. The median home price in the area is $193,800, which serves as a benchmark for determining tax obligations. Homeowners can expect their tax bills to vary widely depending on several factors, including the property's assessed value and any applicable exemptions or deductions. The tax bill for the 25th percentile is approximately $2,034, while those in the 75th percentile see bills around $3,487. For the top 10% of homeowners, tax bills can reach up to $4,397. These figures suggest that homes with higher assessed values incur significantly higher tax burdens. This system ensures that property taxes are proportionate to property values, impacting homeowners differently based on the market value of their homes. With Trempealeau County's median property tax rate aligning closely with the national median of 0.99%, Pigeon Falls residents experience a tax environment that is relatively consistent with broader national trends.
Average Pigeon Falls Tax Bill
$2,908
Average Trempealeau County Tax Bill
$2,894
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Pigeon Falls, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54760 | $1,534 | $2,034 | $2,908 | $3,487 | $4,397 |
Source: Ownwell