Columbus, Wisconsin Property Taxes
The median property tax rate in Columbus, WI is 1.79%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Columbus, the typical annual property tax bill reaches $3,338, exceeding the national median of $2,690. Property taxes in Columbus 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 Columbus'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 Columbus 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
Columbus, Wisconsin Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$3,160
Ownwell’s Columbus Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Columbus with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Columbus 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 Columbus, Wisconsin
Property taxes in Columbus, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Columbus is 1.79%, significantly higher than the U.S. national median of 0.99%. Local government entities within Columbus set these rates annually, and they can vary significantly across different neighborhoods. Each year, Columbus 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 Columbus's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53925 zip code has the highest median property tax rate of 1.79%, while the 53925 zip code also has the lowest median tax rate of 1.79%. Understanding how these cities compare with Columbus provides valuable insights into the varying tax landscape across Columbia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Columbus Tax Rate
1.79%
Average Columbia County Tax Rate
1.43%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Columbus, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53925 | 1.47% | 1.74% | 1.79% | 1.80% | 1.92% |
Source: Ownwell
Property Tax Assessment Values Across Columbus, Wisconsin
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Columbus, WI. 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. 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 Columbus helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the highest median tax bill in the area is $3,338 in the 53925 zip code, while the lowest is also $3,338 in the same zip code, reflecting a uniformity in tax assessments.
Average Columbus Assessed Value
$201,667
Average Columbia County Assessed Value
$201,380
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Columbus, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53925 | $110,695 | $138,930 | $201,667 | $289,854 | $322,940 |
Source: Ownwell
Property Tax Bills Across Columbus, Wisconsin
In Columbus, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Columbus is $201,667. Property tax bills in this area range significantly, with the 25th percentile at $2,519 and the 90th percentile reaching up to $5,740. The assessed value is determined by local assessors, who consider factors such as the property's size, age, location, and condition. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual property tax bill. For comparison, the national median property tax rate is 0.99%. In Columbus, the highest and lowest median tax bills are both $3,338, located in the 53925 zip code. This variability in tax bills can significantly impact homeowners, influencing their overall housing costs and financial planning. Understanding these factors can help homeowners anticipate their annual expenses and make informed decisions about property investments.
Average Columbus Tax Bill
$3,338
Average Columbia County Tax Bill
$2,882
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Columbus, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53925 | $1,783 | $2,519 | $3,338 | $5,256 | $5,740 |
Source: Ownwell