Withee, Clark County, Wisconsin Property Taxes
The median property tax rate in Withee, WI is 1.62%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Withee, the typical annual property tax bill reaches $1,876, exceeding the national median of $2,690. Property taxes in Withee 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 Withee'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 Withee 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
Withee, Clark County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.62%
Estimate Property Tax Bill
$1,861
$1,727
Ownwell’s Withee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Withee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Withee 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 Withee, Clark County, Wisconsin
Property taxes in Withee, Wisconsin, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Withee is 1.62%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Withee set these rates annually, and they can vary across different neighborhoods. Each year, Withee 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 Withee's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the zip code 54498 has the highest median property tax rate of 1.62%, while the same zip code also has the lowest median tax rate of 1.62%. Understanding how these cities compare with Withee provides valuable insights into the varying tax landscape across Clark County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Withee Tax Rate
1.62%
Average Clark County Tax Rate
1.54%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Withee, Clark County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54498 | 1.35% | 1.51% | 1.62% | 1.70% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Withee, Clark County, Wisconsin
In Withee, 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 Clark 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 Withee, 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 Withee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Withee homeowners face varying property tax bills, with the 25th percentile at $1,186 and the 75th percentile at $2,870. The highest and lowest median tax bills are both $1,876 in the 54498 zip code.
Property Tax Assessment Values Across Withee, Clark County, Wisconsin
Source: Ownwell
$103,600
$145,250
$186,900
Average Withee Assessed Value
$114,900
Average Clark County Assessed Value
$124,600
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Withee, Clark County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54498 | $50,300 | $76,350 | $114,900 | $173,550 | $257,800 |
Source: Ownwell
Property Tax Bills Across Withee, Clark County, Wisconsin
In Withee, Clark County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Withee is $114,900, and the tax rate is applied to this value to determine the annual tax bill. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. Homeowners in Withee can expect tax bills to vary significantly. For example, the 25th percentile tax bill is around $1,186, while the 75th percentile reaches up to $2,870, and the 90th percentile can be as high as $4,088. This variation highlights how different property values and assessments can impact the final tax amount. Comparatively, the national median property tax rate is 0.99%, making Withee's rates relatively moderate. Understanding these factors helps homeowners anticipate their annual expenses and plan accordingly.
Average Withee Tax Bill
$1,876
Average Clark County Tax Bill
$2,005
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Withee, Clark County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54498 | $718 | $1,186 | $1,876 | $2,870 | $4,088 |
Source: Ownwell