Waupun, Wisconsin Property Taxes
The median property tax rate in Waupun, WI is 0.15%, significantly lower than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Waupun, the typical annual property tax bill reaches $220, well below the national median of $2,690. Property taxes in Waupun 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 Waupun'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 Waupun or another part of Dodge County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Waupun, Wisconsin Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$3,160
Ownwell’s Waupun Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Waupun with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Waupun 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 Waupun, Wisconsin
Property taxes in Waupun, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Waupun is 0.15%, significantly lower than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Waupun set these rates annually, and they can vary significantly across different neighborhoods. Each year, Waupun 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 Waupun'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 Waupun's 0.15%, while some areas have a lower median tax rate, reflecting the diverse tax landscape across Dodge County. Understanding how these cities compare with Waupun 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 Waupun Tax Rate
0.15%
Average Dodge County Tax Rate
0.14%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Waupun, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53963 | 0.11% | 0.15% | 0.15% | 0.16% | 0.16% |
Source: Ownwell
Property Tax Assessment Values Across Waupun, Wisconsin
In Waupun, 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 Waupun, 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. For instance, the highest median tax bill in the area is $220 in zip code 53963, which is also the lowest. 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 Waupun helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Waupun Assessed Value
$147,500
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 Waupun, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53963 | $92,060 | $121,400 | $147,500 | $181,100 | $233,600 |
Source: Ownwell
Property Tax Bills Across Waupun, Wisconsin
In Waupun, located in Dodge County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Waupun is $147,500, which serves as a baseline for determining property taxes. Tax authorities assess homes to establish their taxable value, taking into account factors such as property size, location, and market conditions. Homeowners in Waupun can expect property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $179, while at the 75th percentile, it rises to $268. At the 90th percentile, homeowners may see tax bills as high as $341. These variations reflect differences in property values and assessments within the area. The median property tax rate in Waupun aligns closely with the national median of 0.99%. This means that homeowners in Waupun experience property tax bills that are relatively comparable to the national average, influencing their overall cost of homeownership and financial planning.
Average Waupun Tax Bill
$220
Average Dodge County Tax Bill
$288
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Waupun, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53963 | $129 | $179 | $220 | $268 | $341 |
Source: Ownwell