Glidden, Wisconsin Property Taxes
The median property tax rate in Glidden, WI is 1.66%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Glidden at $68,100, the typical annual property tax bill reaches $1,082, exceeding the national median of $2,690. Property taxes in Glidden 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 Glidden'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 Glidden 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
Glidden, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.66%
Estimate Property Tax Bill
$1,130
Ownwell’s Glidden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glidden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glidden 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 Glidden, Wisconsin
Property taxes in Glidden, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glidden is 1.66%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Glidden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glidden 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 Glidden's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54527 has the highest median property tax rate of 1.66%, while the lowest median tax rate is also 1.66%. Understanding how these cities compare with Glidden provides valuable insights into the varying tax landscape across Ashland County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glidden Tax Rate
1.66%
Average Ashland County Tax Rate
1.89%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glidden, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54527 | 1.41% | 1.44% | 1.66% | 1.68% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Glidden, Wisconsin
In Glidden, 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 Glidden, 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 Glidden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Glidden is $68,100. The 25th percentile tax bill is $620, while the 75th percentile tax bill is $1,709, and the 90th percentile tax bill is $2,566. The highest and lowest median tax bills both stand at $1,082 in the zip code 54527. By staying informed, homeowners can take proactive steps to ensure they are not overpaying on their property taxes.
Average Glidden Assessed Value
$68,100
Average Ashland County Assessed Value
$101,900
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glidden, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54527 | $17,000 | $38,300 | $68,100 | $110,550 | $171,700 |
Source: Ownwell
Property Tax Bills Across Glidden, Wisconsin
In Glidden, WI, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value. Once the market value is established, it is multiplied by the assessment ratio to get the assessed value. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Glidden can expect varying tax bills depending on their property's value. For instance, the 25th percentile tax bill is $620, while the 75th percentile tax bill is $1,709, and the 90th percentile tax bill reaches $2,566. The median home price in Glidden is $68,100, which helps provide a context for these tax bills. Compared to the national median property tax rate of 0.99%, Glidden's property taxes can significantly impact homeowners, especially those with higher-valued properties. Understanding these factors can help homeowners budget accordingly and anticipate their annual property tax liabilities.
Average Glidden Tax Bill
$1,082
Average Ashland County Tax Bill
$1,986
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Glidden, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54527 | $276 | $620 | $1,082 | $1,709 | $2,566 |
Source: Ownwell