Warrens, Wisconsin Property Taxes
The median property tax rate in Warrens, WI is 1.21%, which is higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With a median home value of $115,200 in Warrens, the typical annual property tax bill amounts to $1,398, surpassing the national median of $2,690. Property taxes in Warrens are calculated based on the assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Warrens' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Warrens or another part of Jackson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Warrens, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$1,394
$1,294
Ownwell’s Warrens Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Warrens with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Warrens to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is the value assigned by Jackson County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Warrens, Wisconsin
Property taxes in Warrens, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Warrens is 1.21%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Warrens set these rates annually, and they can vary significantly across different neighborhoods. Each year, Warrens 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 Warrens' effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54666 zip code has the highest median property tax rate of 1.21%, while the same 54666 zip code also has the lowest median tax rate of 1.21%. Understanding how these cities compare with Warrens provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Warrens Tax Rate
1.21%
Average Jackson County Tax Rate
1.36%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Warrens, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54666 | 1.00% | 1.12% | 1.21% | 1.29% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Warrens, Wisconsin
In Warrens, 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 Jackson 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 Warrens, 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 Warrens helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 54666 has the highest and lowest median tax bill at $1,398, compared to the national median property tax rate of 0.99%.
Average Warrens Assessed Value
$115,200
Average Jackson County Assessed Value
$129,900
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Warrens, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54666 | $32,560 | $76,025 | $115,200 | $169,850 | $250,070 |
Source: Ownwell
Property Tax Bills Across Warrens, Wisconsin
In Warrens, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local property tax rate to determine the final tax bill. Factors influencing the assessed value include the home's market value, location, and any improvements or renovations made to the property. For homeowners in Warrens, the median home price stands at $115,200. Property tax bills can vary significantly, with the 25th percentile at $873 and the 75th percentile at $2,109. At the higher end, the 90th percentile reaches $3,060. Comparatively, the median property tax rate in Warrens is higher than the national median of 0.99%, reflecting the specific economic and infrastructural needs of the area. These property tax bills are crucial for funding local services such as schools, public safety, and infrastructure. Homeowners should be aware of these factors as they directly impact their annual financial planning and the overall cost of homeownership in Warrens.
Average Warrens Tax Bill
$1,398
Average Jackson County Tax Bill
$1,879
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Warrens, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54666 | $413 | $873 | $1,398 | $2,109 | $3,060 |
Source: Ownwell