Cross Plains, Dane County, Wisconsin Property Taxes
The median property tax rate in Cross Plains, WI is 1.90%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Cross Plains, the typical annual property tax bill reaches $5,167, exceeding the national median of $2,690. Property taxes in Cross Plains 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 Cross Plains' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Cross Plains 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
Cross Plains, Dane County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.9%
Estimate Property Tax Bill
$5,570
$5,169
Ownwell’s CROSS PLAINS Property Tax Bill Calculator is a valuable resource for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in CROSS PLAINS with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in CROSS PLAINS to provide an accurate estimate of your property tax bill. This tool is designed to help you understand potential tax liabilities and plan accordingly. For those interested in more granular insights, additional localized information is available. Your property’s assessed value is determined by the county for tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Cross Plains, Dane County, Wisconsin
Property taxes in Cross Plains, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cross Plains is 1.90%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Cross Plains set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cross Plains 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 Cross Plains' effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53528 has the highest median property tax rate of 1.90%, while the same zip code also has the lowest median tax rate of 1.90%. Understanding how these cities compare with Cross Plains provides valuable insights into the varying tax landscape across Dane County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cross Plains Tax Rate
1.90%
Average Dane County Tax Rate
2.02%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cross Plains, Dane County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53528 | 1.34% | 1.45% | 1.90% | 1.95% | 2.02% |
Source: Ownwell
Property Tax Assessment Values Across Cross Plains, Dane County, Wisconsin
In Cross Plains, 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 Dane County Assessor's Office 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 Cross Plains, 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 Cross Plains helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $5,167, found in the 53528 zip code.
Property Tax Assessment Values Across Cross Plains, Dane County, Wisconsin
Source: Ownwell
$103,700
$373,450
$643,200
Average Cross Plains Assessed Value
$293,150
Average Dane County Assessed Value
$304,700
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cross Plains, Dane County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53528 | $115,750 | $219,400 | $293,150 | $384,450 | $508,700 |
Source: Ownwell
Property Tax Bills Across Cross Plains, Dane County, Wisconsin
In Cross Plains, located in Dane County, WI, property tax bills are calculated based on the assessed value of a property and the local tax rate. Homeowners in this area experience property tax rates that can significantly impact their annual expenses. The median home price in Cross Plains is $293,150, which serves as a baseline for calculating property taxes. The tax bill for properties in the 25th percentile is approximately $4,035, while those in the 75th percentile face bills around $6,703. For the top 10% of properties, tax bills can reach up to $8,483. These figures are notably higher than the national median property tax rate of 0.99%, reflecting the local economic conditions and funding requirements for public services such as schools, infrastructure, and emergency services. Homeowners in Cross Plains must consider these factors when budgeting for their annual expenses, as property taxes represent a significant financial commitment. The assessed value and local tax rate together determine the final tax bill, which can vary greatly depending on the specific characteristics and valuation of each property.
Average Cross Plains Tax Bill
$5,167
Average Dane County Tax Bill
$7,324
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Cross Plains, Dane County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53528 | $2,306 | $4,035 | $5,167 | $6,703 | $8,483 |
Source: Ownwell