Ashippun, Wisconsin Property Taxes
The median property tax rate in Ashippun, WI is 0.14%, significantly lower than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Ashippun, the typical annual property tax bill is $286, which is much less than the national median of $2,690. Property taxes in Ashippun 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 Ashippun'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 Ashippun 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
Ashippun, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.14%
Estimate Property Tax Bill
$295
$273
Ownwell’s Ashippun Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ashippun with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ashippun 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 Dodge County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Ashippun, Wisconsin
Property taxes in Ashippun, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ashippun is 0.14%, significantly lower than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Ashippun set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ashippun 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 Ashippun's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the highest median property tax rate in the state is higher, while the lowest median tax rate is lower. Understanding how these cities compare with Ashippun provides valuable insights into the varying tax landscape across Dodge County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ashippun Tax Rate
0.14%
Average Dodge County Tax Rate
0.14%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ashippun, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53003 | 0.13% | 0.13% | 0.14% | 0.14% | 0.14% |
Source: Ownwell
Property Tax Assessment Values Across Ashippun, Wisconsin
In Ashippun, 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 Dodge 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 Ashippun, 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. Notably, the median home price in Ashippun is $210,500, with tax bills ranging from $243 at the 25th percentile to $369 at the 90th percentile. The zip code with the highest and lowest median tax bill is 53003, both at $286. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ashippun Assessed Value
$210,500
Average Dodge County Assessed Value
$188,400
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ashippun, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53003 | $129,300 | $182,100 | $210,500 | $234,600 | $252,700 |
Source: Ownwell
Property Tax Bills Across Ashippun, Wisconsin
In Ashippun, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Several factors influence the assessed value, including the property's location, size, and condition. For instance, homes in Dodge County, where Ashippun is located, have a median home price of $210,500. This valuation directly impacts the tax bill, which in Ashippun ranges from the 25th percentile at $243 to the 90th percentile at $369. Compared to the national median property tax rate of 0.99%, Ashippun's property tax rate is relatively modest. Homeowners in this area benefit from lower tax bills, making it an attractive place for those seeking affordability. However, even within Ashippun, tax bills can vary significantly based on the specific characteristics and assessed value of each property.
Average Ashippun Tax Bill
$286
Average Dodge County Tax Bill
$288
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Ashippun, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53003 | $173 | $243 | $286 | $324 | $369 |
Source: Ownwell