La Valle, Wisconsin Property Taxes
The median property tax rate in LA VALLE, WI is 1.56%, slightly lower than the Wisconsin state median of 1.58% but significantly higher than the national median of 0.99%. With a median home value of $169,600 in LA VALLE, the typical annual property tax bill reaches $2,850, surpassing the national median of $2,690. Property taxes in LA VALLE are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding LA VALLE'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 LA VALLE 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
La Valle, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.56%
Estimate Property Tax Bill
$2,646
$2,455
Ownwell’s LA VALLE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LA VALLE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LA VALLE 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 La Valle, Wisconsin
Property taxes in LA VALLE, Wisconsin, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in LA VALLE is 1.56%, which is significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within LA VALLE set these rates annually, and they can vary significantly across different neighborhoods. Each year, LA VALLE 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. Understanding how LA VALLE's effective property tax rate compares to other areas within Juneau County and the national median provides valuable insights into the varying tax landscape across the region, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average La Valle Tax Rate
1.56%
Average Juneau County Tax Rate
1.39%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across La Valle, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53941 | 1.44% | 1.47% | 1.56% | 1.66% | 1.75% |
Source: Ownwell
Property Tax Assessment Values Across La Valle, Wisconsin
In LA VALLE, 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 Juneau 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 LA VALLE, 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 LA VALLE helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $2850.00 in zip code 53941, while the lowest median tax bill is also $2850.00 in the same zip code.
Average La Valle Assessed Value
$169,600
Average Juneau County Assessed Value
$133,500
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across La Valle, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53941 | $55,000 | $106,400 | $169,600 | $262,200 | $401,800 |
Source: Ownwell
Property Tax Bills Across La Valle, Wisconsin
Property tax bills in LA VALLE, Juneau County, WI, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by local assessors who evaluate the property's market value. This value is then multiplied by the tax rate set by local government authorities to determine the tax bill. For instance, with a median home price of $169,600, homeowners in LA VALLE can expect a range of property tax bills. The 25th percentile tax bill is around $1,668, while the 75th percentile reaches up to $4,136. At the higher end, the 90th percentile tax bill can be as much as $6,712. These amounts are influenced by factors such as property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, the property tax landscape in LA VALLE can significantly impact homeowners' financial planning, making it essential for them to understand how their tax bills are determined.
Average La Valle Tax Bill
$2,850
Average Juneau County Tax Bill
$2,011
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across La Valle, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53941 | $749 | $1,668 | $2,850 | $4,136 | $6,712 |
Source: Ownwell