Necedah, Wisconsin Property Taxes
The median property tax rate in Necedah, WI is 1.26%, notably higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $112,700, the typical annual property tax bill in Necedah amounts to $1,507, which is below the national median of $2,690. Property taxes in Necedah are determined based on the tax assessed value, which is often less than the market value due to various exemptions such as those for primary residences and agricultural properties. Grasping Necedah's property tax system, exploring available exemptions, and identifying reduction opportunities can lead to substantial annual savings. Whether you're in the heart of Necedah 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
Necedah, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$1,420
$1,318
Ownwell’s Necedah Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Necedah with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Necedah 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 Necedah, Wisconsin
Property taxes in Necedah, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Necedah is 1.26%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Necedah set these rates annually, and they can vary significantly across different neighborhoods. Each year, Necedah 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 for setting property tax rates. The data below compares Necedah's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the zip code 54646 has the highest median property tax rate of 1.26%, while the same zip code also has the lowest median tax rate of 1.26%. Understanding how these figures compare with Necedah 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 Necedah Tax Rate
1.26%
Average Juneau County Tax Rate
1.39%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Necedah, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54646 | 1.09% | 1.19% | 1.26% | 1.32% | 2.04% |
Source: Ownwell
Property Tax Assessment Values Across Necedah, Wisconsin
In Necedah, 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 Necedah, 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. For example, the median home price in Necedah is $112,700. Tax bills vary widely, with the 25th percentile tax bill at $845 and the 75th percentile at $2,423. Notably, the highest median tax bill in the area is $1,507, found in the 54646 zip code. By understanding 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.
Average Necedah Assessed Value
$112,700
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 Necedah, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54646 | $39,070 | $67,125 | $112,700 | $177,300 | $268,490 |
Source: Ownwell
Property Tax Bills Across Necedah, Wisconsin
In Necedah, property tax bills are calculated based on the assessed value of your home, which reflects its market value. This assessed value is then multiplied by the local property tax rate to determine your annual tax bill. For homeowners in Juneau County, the median home price is $112,700. The property tax rate in this area results in a range of tax bills, from the 25th percentile at $845 to the 75th percentile at $2,423, with the 90th percentile reaching up to $3,757. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. These elements combine to create a financial obligation that can significantly impact homeowners. Compared to the national median property tax rate of 0.99%, the tax bills in Necedah can vary widely, reflecting the diverse property values and local tax policies. Understanding how these factors interplay helps homeowners anticipate their tax responsibilities and manage their finances more effectively.
Average Necedah Tax Bill
$1,507
Average Juneau County Tax Bill
$2,011
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Necedah, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54646 | $457 | $845 | $1,507 | $2,423 | $3,757 |
Source: Ownwell