Glenbeulah, Wisconsin Property Taxes
The median property tax rate in Glenbeulah, WI is 1.26%, which is considerably higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $453,457, the typical annual property tax bill in Glenbeulah reaches $5,439, far exceeding the national median of $2,690. Property taxes in Glenbeulah are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Glenbeulah'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 Glenbeulah or another part of Fond du Lac County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Glenbeulah, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$5,714
$5,302
Ownwell’s Glenbeulah Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glenbeulah with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glenbeulah 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 Glenbeulah, Wisconsin
Property taxes in Glenbeulah, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glenbeulah is 1.26%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Glenbeulah set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glenbeulah 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 Glenbeulah's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53023 zip code has the highest median property tax rate of 1.26%, while the 53023 zip code has the lowest median tax rate of 1.26%. Understanding how these cities compare with Glenbeulah 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 Glenbeulah Tax Rate
1.26%
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 Glenbeulah, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53023 | 1.20% | 1.21% | 1.26% | 1.27% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Glenbeulah, Wisconsin
In Glenbeulah, 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 Glenbeulah, 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 Glenbeulah helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in zip code 53023 is $5439.00, while the lowest median tax bill in the same zip code is also $5439.00.
Average Glenbeulah Assessed Value
$453,457
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 Glenbeulah, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53023 | $263,011 | $267,429 | $453,457 | $502,920 | $2,138,539 |
Source: Ownwell
Property Tax Bills Across Glenbeulah, Wisconsin
In Glenbeulah, Fond du Lac County, WI, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the property. This value is then multiplied by the tax rate to calculate the annual tax bill. For homeowners, this means that higher property values or increased tax rates result in higher tax bills. Factors influencing the tax bill include changes in property values, local government budgets, and voter-approved levies for schools or infrastructure. For instance, the median home price in Glenbeulah is $453,457. Homeowners in the 25th percentile pay around $3,471 in property taxes, while those in the 75th percentile see bills close to $6,079. At the 90th percentile, tax bills can soar to $27,048. These figures illustrate the significant impact that assessed values and tax rates have on homeowners' finances, especially when compared to the national median property tax rate of 0.99%.
Average Glenbeulah Tax Bill
$5,439
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 Glenbeulah, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53023 | $3,348 | $3,471 | $5,439 | $6,079 | $27,048 |
Source: Ownwell