Webster, Wisconsin Property Taxes
The median property tax rate in Webster, WI is 0.98%, slightly below the national median of 0.99% and significantly lower than the Wisconsin state median of 1.58%. With the median home value in Webster at $143,400, the typical annual property tax bill is $1,586, which is considerably less than the national median of $2,690. Property taxes in Webster are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Webster's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant savings each year. Whether you're in the heart of Webster or another part of Burnett County, becoming knowledgeable about the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Webster, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$1,405
$1,304
Ownwell’s Webster Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Webster with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Webster 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 Webster, Wisconsin
Property taxes in Webster, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Webster is 0.98%, slightly below the U.S. national median of 0.99%. Local government entities within Webster set these rates annually, and they can vary significantly across different neighborhoods. Each year, Webster 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 Webster's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the zip code 54893 has both the highest and lowest median property tax rate of 0.98%. Understanding how these areas compare with Webster provides valuable insights into the varying tax landscape across Burnett County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Webster Tax Rate
0.98%
Average Burnett County Tax Rate
1.10%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Webster, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54893 | 0.87% | 0.92% | 0.98% | 1.17% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Webster, Wisconsin
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Webster, Wisconsin. 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 Burnett 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 Webster, 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. Burnett County's median home price is $143,400, with tax bills ranging from $869 at the 25th percentile to $3,800 at the 90th percentile. The zip code 54893 has the highest median tax bill at $1,586. Being aware of these valuation processes in Webster helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Webster Assessed Value
$143,400
Average Burnett County Assessed Value
$141,700
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Webster, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54893 | $30,600 | $74,350 | $143,400 | $240,550 | $351,200 |
Source: Ownwell
Property Tax Bills Across Webster, Wisconsin
In Webster, located in Burnett County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Webster is $143,400, and homeowners can expect property tax bills to vary significantly within the area. The tax bill is influenced by several factors, including the assessed property value, local government budgets, and specific tax rates. Homeowners in Webster typically see tax bills that range from $869 at the 25th percentile to $2,606 at the 75th percentile, with the 90th percentile reaching up to $3,800. The highest and lowest median tax bills both stand at $1,586, highlighting the variability within the region. Compared to the national median property tax rate of 0.99%, Webster's tax rates can create a substantial impact on homeowners' annual expenses. These property taxes fund essential services such as schools, public safety, and infrastructure, directly affecting the quality of life and community resources available to residents.
Average Webster Tax Bill
$1,586
Average Burnett County Tax Bill
$1,677
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Webster, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54893 | $406 | $869 | $1,586 | $2,606 | $3,800 |
Source: Ownwell