Viroqua, Wisconsin Property Taxes
The median property tax rate in Viroqua, WI is 1.71%, significantly higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Viroqua at $54,497, the typical annual property tax bill reaches $933, which is below the national median of $2,690. Property taxes in Viroqua 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 Viroqua'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 Viroqua 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
Viroqua, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.71%
Estimate Property Tax Bill
$932
$865
Ownwell’s Viroqua Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Viroqua with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Viroqua 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 Viroqua, Wisconsin
Property taxes in Viroqua, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Viroqua is 1.71%, significantly higher than the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Viroqua set these rates annually, and they can vary significantly across different neighborhoods. Each year, Viroqua 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 Viroqua's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54665 zip code has the highest median property tax rate of 1.71%, while the 54665 zip code also has the lowest median tax rate of 1.71%. Understanding how these cities compare with Viroqua provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Viroqua Tax Rate
1.71%
Average Crawford County Tax Rate
1.79%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Viroqua, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54665 | 1.49% | 1.68% | 1.71% | 1.84% | 2.27% |
Source: Ownwell
Property Tax Assessment Values Across Viroqua, Wisconsin
In Viroqua, 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 Crawford 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 Viroqua, 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 Viroqua is $54,497, with tax bills varying widely. For instance, the 25th percentile tax bill is $609, while the 75th percentile tax bill goes up to $2,468. The highest median tax bill within the zip code 54665 is $933. 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 Viroqua helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Viroqua Assessed Value
$54,497
Average Crawford County Assessed Value
$123,412
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Viroqua, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54665 | $21,137 | $38,083 | $54,497 | $146,896 | $223,681 |
Source: Ownwell
Property Tax Bills Across Viroqua, Wisconsin
In Viroqua, WI, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Viroqua stands at $54,497. Homeowners can expect their property tax bills to vary significantly based on their property's assessed value. For instance, tax bills range from $609 at the 25th percentile to $2,468 at the 75th percentile, with the top 10% of tax bills reaching as high as $3,743. These tax bills are influenced by factors such as property size, location, and improvements. The local tax rate in Viroqua is relatively high compared to the national median property tax rate of 0.99%. This can place a considerable financial burden on homeowners, especially those with higher-valued properties. Understanding how these factors affect property taxes can help homeowners plan better and explore possible exemptions or appeals to manage their tax liabilities effectively.
Average Viroqua Tax Bill
$933
Average Crawford County Tax Bill
$2,321
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Viroqua, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54665 | $500 | $609 | $933 | $2,468 | $3,743 |
Source: Ownwell