Glen Haven, Wisconsin Property Taxes
The median property tax rate in Glen Haven, WI is 1.63%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Glen Haven at $84,550, the typical annual property tax bill reaches $1,459, which is below the national median of $2,690. Property taxes in Glen Haven 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 Glen Haven'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 Glen Haven 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
Glen Haven, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.63%
Estimate Property Tax Bill
$1,378
$1,279
Ownwell’s Glen Haven Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glen Haven with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glen Haven 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 Glen Haven, Wisconsin
Property taxes in Glen Haven, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glen Haven is 1.63%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Glen Haven set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glen Haven 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 Glen Haven's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53810 has the highest median property tax rate of 1.63%, while the lowest median tax rate is also 1.63% in the same zip code. Understanding how these cities compare with Glen Haven provides valuable insights into the varying tax landscape across Grant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glen Haven Tax Rate
1.63%
Average Grant County Tax Rate
1.49%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glen Haven, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53810 | 1.19% | 1.41% | 1.63% | 1.75% | 1.81% |
Source: Ownwell
Property Tax Assessment Values Across Glen Haven, Wisconsin
In Glen Haven, 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 Grant 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 Glen Haven, 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 Glen Haven helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $1,459 in the 53810 zip code, reflecting the uniformity in property tax distribution within the area.
Average Glen Haven Assessed Value
$84,550
Average Grant County Assessed Value
$141,950
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glen Haven, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53810 | $37,930 | $58,000 | $84,550 | $136,550 | $220,270 |
Source: Ownwell
Property Tax Bills Across Glen Haven, Wisconsin
In Glen Haven, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the area is $84,550. Property taxes are determined by multiplying the assessed home value by the local tax rate set by the county. For instance, the median property tax bill in Glen Haven is $1,459, which aligns with the highest and lowest median tax bills in the county. Several factors influence the final tax bill, including property size, home improvements, and market conditions. Homeowners in Glen Haven can expect their tax bills to vary significantly. For example, the 25th percentile tax bill is $949, while the 75th percentile tax bill is $2,165. At the higher end, the 90th percentile tax bill reaches $3,986. These variations can impact homeowners' financial planning and overall affordability of living in the area. Comparing this to the national median property tax rate of 0.99%, Glen Haven's rates reflect the local economic conditions and funding needs for public services.
Average Glen Haven Tax Bill
$1,459
Average Grant County Tax Bill
$2,159
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Glen Haven, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53810 | $470 | $949 | $1,459 | $2,165 | $3,986 |
Source: Ownwell