Browntown, Wisconsin Property Taxes
The median property tax rate in Browntown, WI is 1.66%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Browntown at $129,380, the typical annual property tax bill reaches $2,181, which is below the national median of $2,690. Property taxes in Browntown 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 Browntown'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 Browntown or another part of Green County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Browntown, Wisconsin Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$3,160
Ownwell’s Browntown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Browntown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Browntown 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 Browntown, Wisconsin
Property taxes in Browntown, WI, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Browntown is 1.66%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Browntown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Browntown 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 Browntown's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53522 has both the highest and lowest median property tax rate of 1.66%. Understanding how these cities compare with Browntown provides valuable insights into the varying tax landscape across Green County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Browntown Tax Rate
1.66%
Average Green County Tax Rate
1.78%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Browntown, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53522 | 1.37% | 1.53% | 1.66% | 1.78% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across Browntown, Wisconsin
In Browntown, 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 Green 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 Browntown, 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,181, found in zip code 53522.
Average Browntown Assessed Value
$129,380
Average Green County Assessed Value
$193,272
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Browntown, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53522 | $42,754 | $75,147 | $129,380 | $183,090 | $260,137 |
Source: Ownwell
Property Tax Bills Across Browntown, Wisconsin
In Browntown, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor's office and is meant to reflect the market value of the property. In Green County, where Browntown is located, the median home price is $129,380. The property tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including the property’s location, size, and condition. For homeowners in Browntown, the tax bill can vary significantly. For instance, those in the 25th percentile pay around $1,223, while those in the 75th percentile face bills closer to $3,076. At the 90th percentile, tax bills can reach up to $4,239. These taxes fund essential community services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Browntown's tax rates can be a significant financial consideration for homeowners, impacting their overall cost of living and financial planning.
Average Browntown Tax Bill
$2,181
Average Green County Tax Bill
$3,636
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Browntown, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53522 | $642 | $1,223 | $2,181 | $3,076 | $4,239 |
Source: Ownwell