Burlington, Wisconsin Property Taxes
The median property tax rate in Burlington, WI is 1.37%, higher than both the national median of 0.99% and Wisconsin's state median of 1.58%. With the median home value in Burlington at $305,705, the typical annual property tax bill reaches $4,334, exceeding the national median of $2,690. Property taxes in Burlington 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 Burlington'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 Burlington 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
Burlington, 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 Burlington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Burlington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Burlington 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 Burlington, Wisconsin
Property taxes in Burlington, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burlington is 1.37%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Burlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burlington 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 Burlington's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53105 has the highest median property tax rate of 1.37%, while the same zip code also has the lowest median tax rate of 1.37%. Understanding how these areas compare with Burlington provides valuable insights into the varying tax landscape across Kenosha County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Burlington Tax Rate
1.37%
Average Kenosha County Tax Rate
2.06%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burlington, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53105 | 1.31% | 1.34% | 1.37% | 1.48% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Burlington, Wisconsin
In Burlington, 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 Kenosha 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 Burlington, 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. The median home price in Burlington is $305,705, with tax bills ranging from $3,097 at the 25th percentile to $8,045 at the 90th percentile. The highest and lowest median tax bills are both $4,334, found in zip code 53105. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Burlington Assessed Value
$305,705
Average Kenosha County Assessed Value
$201,507
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burlington, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53105 | $159,661 | $220,388 | $305,705 | $429,571 | $563,993 |
Source: Ownwell
Property Tax Bills Across Burlington, Wisconsin
In Burlington, located in Kenosha County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Burlington is $305,705, and the property tax rate is applied to this assessed value to determine the tax bill. Various factors influence the tax bill, including property size, location, and any applicable exemptions or abatements. For example, the 25th percentile tax bill in Burlington is $3,097, while the 75th percentile tax bill is $6,098, and the 90th percentile tax bill reaches $8,045. These figures illustrate the range of what homeowners might expect to pay, depending on their property's assessed value and specific circumstances. Compared to the national median property tax rate of 0.99%, Burlington's tax bills reflect the unique property values and local tax policies of the area. Homeowners in Burlington should be aware of these factors, as they directly impact their annual financial obligations and overall property expenses.
Average Burlington Tax Bill
$4,334
Average Kenosha County Tax Bill
$4,787
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Burlington, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53105 | $2,227 | $3,097 | $4,334 | $6,098 | $8,045 |
Source: Ownwell