Van Dyne, Wisconsin Property Taxes
The median property tax rate in Van Dyne, WI is 1.29%, considerably higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Van Dyne at $209,555, the typical annual property tax bill reaches $2,720, exceeding the national median of $2,690. Property taxes in Van Dyne 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 Van Dyne'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 Van Dyne 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
Van Dyne, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$2,703
$2,509
Ownwell’s Van Dyne Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Van Dyne with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Van Dyne 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 Van Dyne, Wisconsin
Property taxes in Van Dyne, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Van Dyne is 1.29%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Van Dyne set these rates annually, and they can vary significantly across different neighborhoods. Each year, Van Dyne 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 Van Dyne's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54979 zip code has the highest median property tax rate of 1.29%, while the same zip code has the lowest median tax rate of 1.29%. Understanding how these cities compare with Van Dyne 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 Van Dyne Tax Rate
1.29%
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 Van Dyne, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54979 | 1.24% | 1.27% | 1.29% | 1.31% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Van Dyne, Wisconsin
In Van Dyne, 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 Van Dyne, 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 Van Dyne helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 54979, with a median tax bill of $2,720.
Average Van Dyne Assessed Value
$209,555
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 Van Dyne, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54979 | $46,271 | $141,890 | $209,555 | $279,160 | $346,822 |
Source: Ownwell
Property Tax Bills Across Van Dyne, Wisconsin
Property tax bills in Van Dyne, located in Fond du Lac County, WI, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local assessor's office, which evaluates the property's market value. This value is then multiplied by the local tax rate to calculate the annual tax bill. For homeowners in Van Dyne, the median home price stands at $209,555. Property tax bills can vary significantly; for example, the 25th percentile tax bill is $1,847, while the 75th percentile tax bill is $3,613. At the 90th percentile, homeowners might see tax bills reach up to $4,576. These variations depend on the specific assessed value of each property and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Van Dyne's property tax rates can have a substantial impact on homeowners, influencing their overall housing costs and financial planning.
Average Van Dyne Tax Bill
$2,720
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 Van Dyne, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54979 | $642 | $1,847 | $2,720 | $3,613 | $4,576 |
Source: Ownwell