Lyndon Station, Wisconsin Property Taxes
The median property tax rate in Lyndon Station, WI is 1.38%, 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 $136,900 in Lyndon Station, the typical annual property tax bill reaches $1,887, falling below the national median of $2,690. Property taxes in Lyndon Station are calculated based on the assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Lyndon Station'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 Lyndon Station 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
Lyndon Station, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.38%
Estimate Property Tax Bill
$1,889
Ownwell’s Lyndon Station Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lyndon Station with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lyndon Station 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 Lyndon Station, Wisconsin
Property taxes in Lyndon Station, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lyndon Station is 1.38%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Lyndon Station set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lyndon Station 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 Lyndon Station's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the zip code 53944 has the highest median property tax rate of 1.38%, while the same zip code also represents the lowest median tax rate of 1.38%. Understanding how these areas compare with Lyndon Station provides valuable insights into the varying tax landscape across Juneau County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lyndon Station Tax Rate
1.38%
Average Juneau County Tax Rate
1.39%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lyndon Station, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53944 | 1.19% | 1.30% | 1.38% | 1.46% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Lyndon Station, Wisconsin
In Lyndon Station, 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 Lyndon Station, 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 Lyndon Station 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 $1,887 in zip code 53944, while the lowest median tax bill is also $1,887 in the same zip code.
Property Tax Assessment Values Across Lyndon Station, Wisconsin
Source: Ownwell
$17,100
$135,575
$254,050
Average Lyndon Station Assessed Value
$136,900
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 Lyndon Station, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53944 | $42,900 | $80,700 | $136,900 | $195,300 | $273,800 |
Source: Ownwell
Property Tax Bills Across Lyndon Station, Wisconsin
In Lyndon Station, located in Juneau County, WI, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local assessors and reflects the market value of the property. Homeowners in Lyndon Station can expect property tax bills that vary significantly depending on their property's assessed value and the local tax rate. The median home price in Lyndon Station is $136,900, which provides a benchmark for understanding property tax bills in the area. Property tax bills can range widely, with the 25th percentile paying around $1,048 and the 75th percentile paying approximately $2,767. At the higher end, the 90th percentile sees tax bills reaching $3,944. These figures highlight the variability in tax obligations based on property values and local tax rates. Compared to the national median property tax rate of 0.99%, Lyndon Station homeowners face a range of tax bills that can significantly impact their annual expenses. Understanding these factors is crucial for homeowners as they plan their finances and consider the long-term costs of homeownership.
Average Lyndon Station Tax Bill
$1,887
Average Juneau County Tax Bill
$2,011
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Lyndon Station, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53944 | $533 | $1,048 | $1,887 | $2,767 | $3,944 |
Source: Ownwell