Friesland, Wisconsin Property Taxes
The median property tax rate in Friesland, WI is 1.77%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Friesland, the typical annual property tax bill reaches $2,661, just below the national median of $2,690. Property taxes in Friesland 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 Friesland'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 Friesland 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
Friesland, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.77%
Estimate Property Tax Bill
$2,666
$2,474
Ownwell’s Friesland Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Friesland with just two simple data points. By inputting your property's estimated assessed value, the calculator uses the median tax rate in Friesland to project your property tax bill. This valuable tool aids in understanding potential tax obligations. For those keen on exploring trends at a neighborhood level, additional localized information is available below. Your property's assessed value is determined by the county for tax purposes, incorporating any applicable exemptions.
Property Tax Rates Across Friesland, Wisconsin
Property taxes in Friesland, Wisconsin, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Friesland is 1.77%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Friesland set these rates annually, and they can vary across different neighborhoods. Each year, Friesland 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 Friesland's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53935 has the highest median property tax rate of 1.77%, while the same zip code also has the lowest median tax rate of 1.77%. Understanding how Friesland compares with other areas 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 Friesland Tax Rate
1.77%
Average Columbia County Tax Rate
1.43%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Friesland, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53935 | 1.77% | 1.77% | 1.77% | 1.77% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Friesland, Wisconsin
In Friesland, 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 Columbia 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 Friesland, 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 Friesland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Friesland are both $2,661, found in the 53935 zip code.
Average Friesland Assessed Value
$150,644
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 Friesland, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53935 | $150,644 | $150,644 | $150,644 | $150,644 | $150,644 |
Source: Ownwell
Property Tax Bills Across Friesland, Wisconsin
In Friesland, located in Columbia 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 local assessor and reflects the market value of the property. For Friesland, the median home price stands at $150,644. The property tax rate is then applied to this assessed value to calculate the tax bill. Homeowners in Friesland experience a median property tax bill of $2,661, which is significantly higher than the national median property tax rate of 0.99%. This high tax bill can impact homeowners by increasing the overall cost of owning a home, potentially affecting affordability and financial planning. The consistency in tax bills, with the 25th, 75th, and 90th percentiles all reporting the same amount of $2,661, indicates a relatively uniform tax rate application across different property values within the region. This uniformity simplifies the prediction of tax obligations for homeowners in Friesland.
Average Friesland Tax Bill
$2,661
Average Columbia County Tax Bill
$2,882
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Friesland, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53935 | $2,661 | $2,661 | $2,661 | $2,661 | $2,661 |
Source: Ownwell