Campbellsport, Wisconsin Property Taxes
The median property tax rate in Campbellsport, WI, is 1.24%, which is notably higher than the national median of 0.99% but lower than Wisconsin's state median of 1.58%. With the median home value in Campbellsport at $234,891, the typical annual property tax bill reaches $3,003, surpassing the national median of $2,690. Property taxes in Campbellsport are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Campbellsport'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 Campbellsport 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
Campbellsport, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$2,913
Ownwell’s Campbellsport Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Campbellsport with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Campbellsport 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 Campbellsport, Wisconsin
Property taxes in Campbellsport, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Campbellsport is 1.24%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Campbellsport set these rates annually, and they can vary significantly across different neighborhoods. Each year, Campbellsport 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 Campbellsport's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53010 has both the highest and lowest median property tax rate of 1.24%. Understanding how these cities compare with Campbellsport provides valuable insights into the varying tax landscape across Fond du Lac County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Campbellsport Tax Rate
1.24%
Average Fond Du Lac County Tax Rate
1.74%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Campbellsport, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53010 | 1.13% | 1.19% | 1.24% | 1.33% | 1.71% |
Source: Ownwell
Property Tax Assessment Values Across Campbellsport, Wisconsin
In Campbellsport, 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 Fond du Lac 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 Campbellsport, 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 Campbellsport helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 53010, with a median tax bill of $3,003.
Property Tax Assessment Values Across Campbellsport, Wisconsin
Source: Ownwell
$107,864
$280,661
$453,457
Average Campbellsport Assessed Value
$234,891
Average Fond Du Lac County Assessed Value
$166,996
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Campbellsport, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53010 | $35,216 | $150,592 | $234,891 | $319,967 | $429,983 |
Source: Ownwell
Property Tax Bills Across Campbellsport, Wisconsin
In Campbellsport, Fond du Lac County, WI, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local assessors who evaluate the market value of the property. The tax rate is then applied to this assessed value to calculate the annual property tax bill. For instance, the median home price in Campbellsport is $234,891. Homeowners in this area experience a range of property tax bills. At the 25th percentile, the tax bill is around $2,104, while at the 75th percentile, it rises to $4,141. The highest tax bills, found at the 90th percentile, can reach up to $5,361. This variation reflects differences in property values and the specific tax rates applied. Compared to the national median property tax rate of 0.99%, Campbellsport's property tax rates can significantly impact homeowners' annual expenses. High property taxes can affect affordability and the overall cost of homeownership, making it essential for homeowners to understand how their tax bills are calculated.
Average Campbellsport Tax Bill
$3,003
Average Fond Du Lac County Tax Bill
$2,722
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Campbellsport, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53010 | $514 | $2,104 | $3,003 | $4,141 | $5,361 |
Source: Ownwell