Prairie Du Chien, Wisconsin Property Taxes
The median property tax rate in Prairie du Chien, 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 Prairie du Chien at $132,900, the typical annual property tax bill reaches $1,879, which is below the national median of $2,690. Property taxes in Prairie du Chien 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 Prairie du Chien'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 Prairie du Chien 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
Prairie Du Chien, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$1,714
$1,591
Ownwell’s Prairie du Chien Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Prairie du Chien with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Prairie du Chien 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 Prairie Du Chien, Wisconsin
Property taxes in Prairie du Chien, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Prairie du Chien is 1.29%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Prairie du Chien set these rates annually, and they can vary across different neighborhoods. Each year, Prairie du Chien 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 Prairie du Chien's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the zip code 53821 has the highest median property tax rate of 1.29%, while the same zip code also has the lowest median tax rate of 1.29%. Understanding how these cities compare with Prairie du Chien 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 Prairie Du Chien Tax Rate
1.29%
Average Grant County Tax Rate
1.49%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Prairie Du Chien, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53821 | 1.07% | 1.22% | 1.29% | 1.42% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Prairie Du Chien, Wisconsin
In Prairie du Chien, 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 local 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 Prairie du Chien, 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. The median home price in Prairie du Chien is $132,900, with tax bills ranging from $740 at the 25th percentile to $3,611 at the 90th percentile. The highest and lowest median tax bills are both $1,879 in the 53821 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Prairie Du Chien, Wisconsin
Source: Ownwell
$48,150
$127,675
$207,200
Average Prairie Du Chien Assessed Value
$132,900
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 Prairie Du Chien, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53821 | $38,460 | $63,000 | $132,900 | $195,200 | $264,880 |
Source: Ownwell
Property Tax Bills Across Prairie Du Chien, Wisconsin
In Prairie du Chien, located in Grant County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Homeowners in Prairie du Chien experience property tax bills that vary significantly. For instance, the tax bill at the 25th percentile is around $740, while those at the 75th percentile can expect to pay approximately $2,754. At the 90th percentile, the tax bill can reach up to $3,611. The median home price in Prairie du Chien is $132,900, and the property tax rate in the area is influenced by various factors, including local government budgets and public service needs. Compared to the national median property tax rate of 0.99%, Prairie du Chien's property tax bills reflect the local economic environment and community requirements. These property taxes are crucial for funding essential public services such as schools, infrastructure, and emergency services, directly impacting homeowners and the quality of life in the community.
Average Prairie Du Chien Tax Bill
$1,879
Average Grant County Tax Bill
$2,159
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Prairie Du Chien, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53821 | $477 | $740 | $1,879 | $2,754 | $3,611 |
Source: Ownwell