Mount Calvary, Wisconsin Property Taxes
The median property tax rate in Mount Calvary, WI is 1.25%, higher than both the national median of 0.99% and Wisconsin's state median of 1.58%. With the median home value in Mount Calvary, the typical annual property tax bill reaches $2,533, which is below the national median of $2,690. Property taxes in Mount Calvary are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Mount Calvary'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 Mount Calvary 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
Mount Calvary, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$2,661
$2,469
Ownwell’s MOUNT CALVARY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MOUNT CALVARY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MOUNT CALVARY 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 Mount Calvary, Wisconsin
Property taxes in Mount Calvary, Wisconsin, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Mount Calvary is 1.25%, significantly higher than the U.S. national median of 0.99%. Local government entities within Mount Calvary set these rates annually, and they can vary across different neighborhoods. Each year, Mount Calvary 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 Mount Calvary's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the zip code 53057 has the highest median property tax rate of 1.25%, while the same zip code also has the lowest median tax rate of 1.25%. Understanding how these cities compare with Mount Calvary 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 Mount Calvary Tax Rate
1.25%
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 Mount Calvary, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53057 | 1.08% | 1.15% | 1.25% | 1.28% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Mount Calvary, Wisconsin
In Mount Calvary, 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 Mount Calvary, 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 Mount Calvary helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Mount Calvary is $212,885, with tax bills ranging from $1,699 at the 25th percentile to $5,037 at the 90th percentile. The highest and lowest median tax bills are both $2,533 in the 53057 zip code.
Property Tax Assessment Values Across Mount Calvary, Wisconsin
Source: Ownwell
$107,864
$280,661
$453,457
Average Mount Calvary Assessed Value
$212,885
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 Mount Calvary, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53057 | $22,015 | $144,891 | $212,885 | $296,287 | $413,822 |
Source: Ownwell
Property Tax Bills Across Mount Calvary, Wisconsin
In Mount Calvary, located in Fond du Lac County, WI, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the home. For example, with a median home price of $212,885, the property tax bill can vary significantly. Homeowners in the 25th percentile can expect a tax bill around $1,699, while those in the 75th percentile might see bills as high as $3,592. The 90th percentile tax bill can reach up to $5,037. These figures illustrate the range of property tax burdens homeowners may face, depending on the assessed value of their property. The local tax rate in Mount Calvary is influenced by the funding needs of public services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Mount Calvary’s property tax bills can be relatively high, making it crucial for homeowners to understand their assessed values and potential tax liabilities.
Average Mount Calvary Tax Bill
$2,533
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 Mount Calvary, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53057 | $309 | $1,699 | $2,533 | $3,592 | $5,037 |
Source: Ownwell