Green Bay, Wisconsin Property Taxes
The median property tax rate in Green Bay, WI is 1.56%, slightly lower than the Wisconsin state median of 1.58% but notably higher than the national median of 0.99%. With a median home value of $208,400 in Green Bay, the typical annual property tax bill amounts to $3,132, surpassing the national median of $2,690. Property taxes in Green Bay are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Green Bay'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 Green Bay 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
Green Bay, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.56%
Estimate Property Tax Bill
$3,251
Ownwell’s Green Bay Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Green Bay with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Green Bay to provide an estimate of 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 Green Bay, Wisconsin
Property taxes in Green Bay, Wisconsin, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Green Bay is 1.56%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Green Bay set these rates annually, and they can vary significantly across different neighborhoods. Each year, Green Bay 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 Green Bay's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the 54229 zip code has the highest median property tax rate of 1.69%, while the 54311 zip code has the lowest median tax rate of 1.31%. Understanding how these cities compare with Green Bay provides valuable insights into the varying tax landscape across Brown County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Green Bay Tax Rate
1.56%
Average Brown County Tax Rate
1.47%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Green Bay, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54229 | 1.40% | 1.66% | 1.69% | 1.71% | 1.73% |
| 54301 | 1.45% | 1.49% | 1.52% | 1.60% | 1.73% |
| 54302 | 1.55% | 1.60% | 1.65% | 1.72% | 1.76% |
| 54303 | 1.40% | 1.54% | 1.61% | 1.69% | 1.75% |
| 54304 | 1.35% | 1.51% | 1.62% | 1.68% | 1.74% |
| 54311 | 1.18% | 1.22% | 1.31% | 1.68% | 1.73% |
| 54313 | 1.32% | 1.36% | 1.40% | 1.47% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Green Bay, Wisconsin
In Green Bay, 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 Brown County Assessor 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 Green Bay, 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 zip code 54229 has the highest median tax bill at $4,459, while the zip code 54303 has the lowest at $2,528. 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 Green Bay helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Green Bay Assessed Value
$208,400
Average Brown County Assessed Value
$232,300
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Green Bay, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54229 | $150,140 | $249,000 | $308,700 | $343,300 | $428,680 |
| 54301 | $117,400 | $152,400 | $193,400 | $240,700 | $306,000 |
| 54302 | $103,950 | $129,700 | $165,100 | $223,375 | $314,450 |
| 54303 | $99,800 | $126,200 | $154,800 | $188,800 | $228,200 |
| 54304 | $120,000 | $149,300 | $183,300 | $218,800 | $275,500 |
| 54311 | $173,550 | $211,625 | $261,050 | $335,500 | $437,200 |
| 54313 | $182,300 | $211,300 | $271,400 | $346,700 | $439,900 |
Source: Ownwell
Property Tax Bills Across Green Bay, Wisconsin
In Green Bay, located in Brown 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 reflects the property's market value. The local tax rate, which is applied to the assessed value, is set by various taxing authorities such as the city, county, and school districts. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. For instance, the median home price in Green Bay is $208,400, and homeowners at the 25th percentile of tax bills pay approximately $2,459 annually, while those at the 75th percentile pay around $4,245. At the 90th percentile, the tax bill can reach up to $5,718. These property taxes significantly impact homeowners, affecting their annual expenses and potentially influencing decisions about buying or selling property. Compared to the national median property tax rate of 0.99%, Green Bay's property tax rates highlight the variability in tax burdens across different regions.
Average Green Bay Tax Bill
$3,132
Average Brown County Tax Bill
$3,396
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Green Bay, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54229 | $2,565 | $3,870 | $4,459 | $5,758 | $6,972 |
| 54301 | $1,864 | $2,355 | $3,012 | $3,778 | $4,893 |
| 54302 | $1,713 | $2,135 | $2,767 | $3,815 | $5,414 |
| 54303 | $1,610 | $2,042 | $2,528 | $3,064 | $3,677 |
| 54304 | $1,885 | $2,358 | $2,870 | $3,566 | $4,600 |
| 54311 | $2,270 | $2,872 | $3,665 | $5,052 | $6,714 |
| 54313 | $2,481 | $2,959 | $3,920 | $5,098 | $6,609 |
Source: Ownwell