Wyocena, Wisconsin Property Taxes
The median property tax rate in Wyocena, WI is 1.54%, which is considerably higher than the national median of 0.99% but slightly below the Wisconsin state median of 1.58%. With a median home value of $133,362, the typical annual property tax bill in Wyocena reaches $2,051, falling short of the national median of $2,690. Property taxes in Wyocena 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 Wyocena'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 Wyocena or another part of Columbia County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wyocena, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.54%
Estimate Property Tax Bill
$2,054
$1,906
Ownwell’s Wyocena Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wyocena with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wyocena 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 Wyocena, Wisconsin
Property taxes in Wyocena, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wyocena is 1.54%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Wyocena set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wyocena 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. For comparison, the zip code 53969 has both the highest and lowest median property tax rate of 1.54%. Understanding how these cities compare with Wyocena 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 Wyocena Tax Rate
1.54%
Average Columbia County Tax Rate
1.43%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wyocena, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53969 | 1.40% | 1.53% | 1.54% | 1.54% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Wyocena, Wisconsin
In Wyocena, 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 Wyocena, 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. The median home price in Wyocena is $133,362, with the 25th percentile tax bill at $1,709 and the 75th percentile tax bill at $2,163. 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 Wyocena helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Wyocena Assessed Value
$133,362
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 Wyocena, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53969 | $58,462 | $111,786 | $133,362 | $140,451 | $166,528 |
Source: Ownwell
Property Tax Bills Across Wyocena, Wisconsin
In Wyocena, Columbia County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. Homeowners in this area face a median home price of $133,362. The property tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as the location of the property, local tax rates, and any applicable exemptions or deductions also play a significant role in the final tax amount. For homeowners in Wyocena, the tax bill can vary significantly. At the 25th percentile, the tax bill is around $1,709, while at the 75th percentile, it rises to approximately $2,163. Those in the 90th percentile can expect a tax bill of about $2,576. Comparatively, the highest and lowest median tax bills in the region are both $2,051, observed in the 53969 zip code. These property taxes impact homeowners by influencing their overall housing costs and potentially affecting their long-term financial planning.
Average Wyocena Tax Bill
$2,051
Average Columbia County Tax Bill
$2,882
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Wyocena, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53969 | $865 | $1,709 | $2,051 | $2,163 | $2,576 |
Source: Ownwell