Brule, Wisconsin Property Taxes
The median property tax rate in Brule, WI is 1.26%, which is higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Brule at $140,850, the typical annual property tax bill amounts to $1,880, falling below the national median of $2,690. Property taxes in Brule are calculated based on the tax assessed value, which is often less than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Brule'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 Brule 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
Brule, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$1,775
Ownwell’s Brule Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brule with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brule 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 Brule, Wisconsin
Property taxes in Brule, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brule is 1.26%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Brule set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brule 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 Brule's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54820 zip code has the highest median property tax rate of 1.26%, while the 54820 zip code also has the lowest median tax rate of 1.26%. Understanding how these cities compare with Brule provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brule Tax Rate
1.26%
Average Douglas County Tax Rate
1.25%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brule, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54820 | 1.04% | 1.18% | 1.26% | 1.37% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Brule, Wisconsin
In Brule, 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 Douglas 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 Brule, 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. The median home price in Brule is $140,850, with tax bills ranging from $1,278 at the 25th percentile to $3,528 at the 90th percentile. The zip code 54820 has both the highest and lowest median tax bill, which is $1,880. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Brule Assessed Value
$140,850
Average Douglas County Assessed Value
$170,250
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brule, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54820 | $75,250 | $105,250 | $140,850 | $188,600 | $263,610 |
Source: Ownwell
Property Tax Bills Across Brule, Wisconsin
In Brule, located in Douglas 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 the county assessor and reflects the market value of the property. Homeowners in Brule can expect their tax bills to vary significantly depending on the value of their home. For instance, the tax bill at the 25th percentile is $1,278, while at the 75th percentile, it rises to $2,580, and at the 90th percentile, it reaches $3,528. These figures indicate a broad range of tax obligations, influenced by property value and local tax rates. Compared to the national median property tax rate of 0.99%, Brule's rates can significantly impact homeowners. The highest and lowest median tax bills in the region are both $1,880, highlighting a consistent tax rate within the specific zip code of 54820. Understanding these factors helps homeowners in Brule anticipate their annual property tax responsibilities and plan their finances accordingly.
Average Brule Tax Bill
$1,880
Average Douglas County Tax Bill
$2,072
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Brule, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54820 | $809 | $1,278 | $1,880 | $2,580 | $3,528 |
Source: Ownwell