Columbus, Wisconsin Property Taxes
The median property tax rate in Columbus, WI is 0.13%, significantly lower than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Columbus at $271,900, the typical annual property tax bill reaches $343, which is well below the national median of $2,690. Property taxes in Columbus are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Columbus'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 Columbus 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
Columbus, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.13%
Estimate Property Tax Bill
$353
$328
Ownwell’s Columbus Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Columbus with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Columbus 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 Columbus, Wisconsin
Property taxes in Columbus, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Columbus is 0.13%, significantly lower than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Columbus set these rates annually, and they can vary significantly across different neighborhoods. Each year, Columbus 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 Columbus's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the highest median property tax rate in the region is significantly higher than Columbus's, while the lowest median tax rate is also higher than Columbus's rate. Understanding how these cities compare with Columbus 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 Columbus Tax Rate
0.13%
Average Dodge County Tax Rate
0.14%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Columbus, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53925 | 0.12% | 0.12% | 0.13% | 0.13% | 0.14% |
Source: Ownwell
Property Tax Assessment Values Across Columbus, Wisconsin
In Columbus, 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 Columbus, 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 Columbus helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $343.00 in zip code 53925, offering a clear benchmark for homeowners.
Average Columbus Assessed Value
$271,900
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 Columbus, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53925 | $114,160 | $189,200 | $271,900 | $354,500 | $446,560 |
Source: Ownwell
Property Tax Bills Across Columbus, Wisconsin
In Columbus, located in Dodge County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by local assessors and is intended to reflect the market value of the property. Homeowners in Columbus can expect property tax bills that vary significantly. The tax bill at the 25th percentile is $232, while those at the 75th percentile are $465, and at the 90th percentile, it reaches $591. The highest and lowest median tax bills in the area are both $343, which is notably below the national median property tax rate of 0.99%. These tax bills are influenced by several factors, including property size, location, and any applicable exemptions. For homeowners, understanding these factors is crucial as they directly impact the amount owed annually. Lower property tax rates in Columbus can make homeownership more affordable compared to regions with higher tax rates, potentially attracting more residents to the area.
Average Columbus Tax Bill
$343
Average Dodge County Tax Bill
$288
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Columbus, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53925 | $144 | $232 | $343 | $465 | $591 |
Source: Ownwell