Eden, Wisconsin Property Taxes
The median property tax rate in Eden, WI is 1.24%, which is significantly higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $209,678 in Eden, the typical annual property tax bill amounts to $2,561, slightly below the national median of $2,690. Property taxes in Eden are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Eden'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 Eden 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
Eden, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$2,600
$2,413
Ownwell’s Eden Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Eden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eden to provide an estimated property tax bill. This helpful tool allows you to understand potential tax liabilities better. For those interested in neighborhood-level trends, additional localized information is available by scrolling down. Your property’s assessed value, determined by the county, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Eden, Wisconsin
Property taxes in Eden, Wisconsin, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Eden is 1.24%, which is higher than the U.S. national median of 0.99%. Local government entities within Eden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eden 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 Eden's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53019 has both the highest and lowest median property tax rate of 1.24%. Understanding how these cities compare with Eden 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 Eden 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 Eden, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53019 | 1.16% | 1.20% | 1.24% | 1.30% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Eden, Wisconsin
In Eden, 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 Assessor 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 Eden, 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 Eden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 53019 has the highest and lowest median tax bill, both at $2,561, compared to the national median property tax rate of 0.99%.
Average Eden Assessed Value
$209,678
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 Eden, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53019 | $6,963 | $138,364 | $209,678 | $290,966 | $398,890 |
Source: Ownwell
Property Tax Bills Across Eden, Wisconsin
In Eden, located in Fond du Lac County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the assessed value, including the home's market value, location, and any improvements or renovations made to the property. For homeowners in Eden, the median home price stands at $209,678. Property tax bills can vary significantly, with the 25th percentile tax bill at $1,661 and the 75th percentile tax bill reaching $3,640. At the higher end, the 90th percentile tax bill can be as much as $4,902. These figures highlight the variability in property tax burdens within the area. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax obligations. Homeowners in Eden should be aware of these factors as they can significantly impact their annual financial planning and overall homeownership costs.
Average Eden Tax Bill
$2,561
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 Eden, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53019 | $75 | $1,661 | $2,561 | $3,640 | $4,902 |
Source: Ownwell