Arkdale, Wisconsin Property Taxes
The median property tax rate in Arkdale, WI is 1.14%, which is higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $181,100 in Arkdale, the typical annual property tax bill amounts to $2,070, slightly below the national median of $2,690. Property taxes in Arkdale are calculated based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural land. Understanding Arkdale's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Arkdale or elsewhere in Adams County, comprehending the local property tax framework will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arkdale, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$2,065
$1,916
Ownwell’s Arkdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arkdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arkdale 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 Adams County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Arkdale, Wisconsin
Property taxes in Arkdale, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arkdale is 1.14%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Arkdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arkdale 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 Arkdale's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54613 zip code has the highest median property tax rate of 1.14%, while the same zip code also has the lowest median tax rate of 1.14%. Understanding how these cities compare with Arkdale provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arkdale Tax Rate
1.14%
Average Adams County Tax Rate
1.20%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arkdale, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54613 | 1.08% | 1.14% | 1.14% | 1.15% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Arkdale, Wisconsin
In Arkdale, 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 Adams 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 Arkdale, 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. For instance, the median home price in Arkdale is $181,100, with tax bills ranging from $1,761 at the 25th percentile to $2,599 at the 75th percentile. The highest and lowest median tax bills are both $2,070 in the 54613 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Arkdale Assessed Value
$181,100
Average Adams County Assessed Value
$106,900
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arkdale, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54613 | $86,160 | $152,000 | $181,100 | $226,500 | $259,900 |
Source: Ownwell
Property Tax Bills Across Arkdale, Wisconsin
In Arkdale, Adams County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is meant to reflect the market value of the property. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $181,100, homeowners in Arkdale can expect to pay property taxes that range significantly. The tax bill at the 25th percentile is approximately $1,761, while at the 75th percentile, it rises to about $2,599. At the 90th percentile, it can reach up to $2,989. These figures highlight the variability in tax bills, which can be influenced by factors such as property improvements, neighborhood changes, and local budgetary needs. Homeowners need to be aware of these factors as they can significantly impact their annual financial obligations.
Average Arkdale Tax Bill
$2,070
Average Adams County Tax Bill
$1,401
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Arkdale, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54613 | $1,118 | $1,761 | $2,070 | $2,599 | $2,989 |
Source: Ownwell