Sturtevant, Wisconsin Property Taxes
The median property tax rate in Sturtevant, WI is 1.55%, slightly below the Wisconsin state median of 1.58% but still considerably higher than the national median of 0.99%. With the median home value in Sturtevant at $287,633, the typical annual property tax bill reaches $3,036, surpassing the national median of $2,690. Property taxes in Sturtevant 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 Sturtevant'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 Sturtevant 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
Sturtevant, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.55%
Estimate Property Tax Bill
$4,458
Ownwell’s Sturtevant Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sturtevant with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sturtevant 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 Sturtevant, Wisconsin
Property taxes in Sturtevant, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sturtevant is 1.55%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Sturtevant set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sturtevant 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 Sturtevant's tax rate compares with other regions 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 Sturtevant Tax Rate
1.55%
Average Kenosha County Tax Rate
2.06%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sturtevant, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53177 | 0.62% | 0.65% | 1.55% | 1.62% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Sturtevant, Wisconsin
In Sturtevant, 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 Sturtevant, 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 Sturtevant helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Sturtevant are both $3,036, found in zip code 53177.
Average Sturtevant Assessed Value
$287,633
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 Sturtevant, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53177 | $175,857 | $199,245 | $287,633 | $373,131 | $495,662 |
Source: Ownwell
Property Tax Bills Across Sturtevant, Wisconsin
In STURTEVANT, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this area is $287,633, which serves as a starting point for determining the tax bill. Local assessors evaluate properties to establish their assessed value, which is then multiplied by the property tax rate to calculate the annual tax bill. For example, in Kenosha County, where STURTEVANT is located, the property tax rate can lead to varying tax bills. Homeowners might see tax bills ranging from the 25th percentile at $2,294 to the 75th percentile at $4,908, with the 90th percentile reaching up to $6,862. The highest and lowest median tax bills in the area are both $3,036, indicating a relatively stable tax environment. These tax bills significantly impact homeowners by contributing to local services and infrastructure, but they also represent a considerable expense that must be budgeted for annually.
Average Sturtevant Tax Bill
$3,036
Average Kenosha County Tax Bill
$4,787
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Sturtevant, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53177 | $1,701 | $2,294 | $3,036 | $4,908 | $6,862 |
Source: Ownwell