North Fond Du Lac, Wisconsin Property Taxes
The median property tax rate in North Fond du Lac, WI is 1.78%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in North Fond du Lac at $143,102, the typical annual property tax bill reaches $2,562, slightly below the national median of $2,690. Property taxes in North Fond du Lac are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding North Fond du Lac'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 North Fond du Lac 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
North Fond Du Lac, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.78%
Estimate Property Tax Bill
$2,547
$2,364
Ownwell’s North Fond du Lac Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in North Fond du Lac with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North Fond du Lac 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 North Fond Du Lac, Wisconsin
Property taxes in North Fond du Lac, Wisconsin, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in North Fond du Lac is 1.78%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within North Fond du Lac set these rates annually, and they can vary significantly across different neighborhoods. Each year, North Fond du Lac 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 North Fond du Lac's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the zip code 54937 has both the highest and lowest median property tax rate of 1.78%. Understanding how these areas compare with North Fond du Lac 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 North Fond Du Lac Tax Rate
1.78%
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 North Fond Du Lac, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54937 | 1.66% | 1.73% | 1.78% | 1.88% | 1.91% |
Source: Ownwell
Property Tax Assessment Values Across North Fond Du Lac, Wisconsin
In North Fond du Lac, 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 North Fond du Lac, 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 North Fond du Lac helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $143,102, with tax bills ranging from $1,961 at the 25th percentile to $4,222 at the 90th percentile. The highest and lowest median tax bills are both $2,562 in the 54937 zip code.
Property Tax Assessment Values Across North Fond Du Lac, Wisconsin
Source: Ownwell
$107,864
$280,661
$453,457
Average North Fond Du Lac Assessed Value
$143,102
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 North Fond Du Lac, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54937 | $85,247 | $112,996 | $143,102 | $174,990 | $231,617 |
Source: Ownwell
Property Tax Bills Across North Fond Du Lac, Wisconsin
In North Fond du Lac, property tax bills are calculated based on the assessed value of a home and the local tax rate set by Fond du Lac County. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in North Fond du Lac can expect their tax bills to vary significantly, with the 25th percentile at $1,961 and the 75th percentile reaching $3,184. For those in the 90th percentile, tax bills can go as high as $4,222. The median home price in North Fond du Lac is $143,102, and the property tax rate in the region can influence the overall tax burden for homeowners. Compared to the national median property tax rate of 0.99%, homeowners in North Fond du Lac may find their tax bills to be higher or lower depending on their property's assessed value and the specific local tax rate. Understanding these factors can help homeowners anticipate their annual property tax obligations and budget accordingly.
Average North Fond Du Lac Tax Bill
$2,562
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 North Fond Du Lac, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54937 | $1,460 | $1,961 | $2,562 | $3,184 | $4,222 |
Source: Ownwell