Prairie Du Sac, Wisconsin Property Taxes
The median property tax rate in Prairie du Sac, WI is 1.37%, which is considerably higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Prairie du Sac at $33,800, the typical annual property tax bill is $464, well below the national median of $2,690. Property taxes in Prairie du Sac 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 Prairie du Sac'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 Prairie du Sac 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
Prairie Du Sac, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$463
Ownwell’s Prairie du Sac Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Prairie du Sac with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Prairie du Sac 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 Prairie Du Sac, Wisconsin
Property taxes in Prairie du Sac, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Prairie du Sac is 1.37%, significantly higher than the U.S. national median of 0.99%. Local government entities within Prairie du Sac set these rates annually, and they can vary significantly across different neighborhoods. Each year, Prairie du Sac 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 Prairie du Sac's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53578 has both the highest and lowest median property tax rate of 1.37%. Understanding how these cities compare with Prairie du Sac 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 Prairie Du Sac Tax Rate
1.37%
Average Dane County Tax Rate
2.02%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Prairie Du Sac, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53578 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Prairie Du Sac, Wisconsin
In Prairie du Sac, 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 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. In Prairie du Sac, 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 Prairie du Sac 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 $464, found in the 53578 zip code, highlighting the uniformity in property tax assessments across the region.
Property Tax Assessment Values Across Prairie Du Sac, Wisconsin
Source: Ownwell
$33,800
$338,500
$643,200
Average Prairie Du Sac Assessed Value
$33,800
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 Prairie Du Sac, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53578 | $33,800 | $33,800 | $33,800 | $33,800 | $33,800 |
Source: Ownwell
Property Tax Bills Across Prairie Du Sac, Wisconsin
Property tax bills in Prairie du Sac, located in Dane County, WI, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local assessor, who evaluates the property’s market value. For Prairie du Sac, the median home price is $33,800. Using this assessed value, the tax bill is then calculated by applying the local tax rate. In Prairie du Sac, the tax bill is consistent across various percentiles, with the 25th, 75th, and 90th percentiles all at $464. This uniformity indicates a stable property tax environment for homeowners. Compared to the national median property tax rate of 0.99%, Prairie du Sac's property tax rate is relatively modest. The property tax bill impacts homeowners by contributing to local services such as schools, infrastructure, and public safety. A predictable and stable tax bill can make financial planning easier for homeowners and can also influence property values and market stability in the area.
Average Prairie Du Sac Tax Bill
$464
Average Dane County Tax Bill
$7,324
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Prairie Du Sac, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53578 | $464 | $464 | $464 | $464 | $464 |
Source: Ownwell