Cashton, Wisconsin Property Taxes
The median property tax rate in Cashton, WI is 1.31%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Cashton, the typical annual property tax bill reaches $2,922, exceeding the national median of $2,690. Property taxes in Cashton 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 Cashton'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 Cashton 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
Cashton, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$2,923
$2,713
Ownwell’s Cashton Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Cashton with just two data points. By inputting your property's estimated assessed value, the calculator utilizes the median tax rate in Cashton to provide an estimate of your property tax bill. This valuable tool offers insights into potential tax liabilities, making financial planning easier. For those interested in more granular data, additional localized information is available by scrolling down. Your property’s assessed value, determined by the county, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Cashton, Wisconsin
Property taxes in Cashton, Wisconsin, are crucial for funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Cashton is 1.31%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Cashton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cashton 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 Cashton's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54619 zip code has the highest median property tax rate of 1.31%, while the same zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Cashton provides valuable insights into the varying tax landscape across La Crosse County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cashton Tax Rate
1.31%
Average La Crosse County Tax Rate
1.93%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cashton, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54619 | 1.31% | 1.31% | 1.31% | 1.31% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Cashton, Wisconsin
In Cashton, 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 La Crosse 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 Cashton, 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 instance, the median home price in Cashton is $223,150, with tax bills ranging from $2,461 at the 25th percentile to $4,321 at the 90th percentile. The zip code 54619 has both the highest and lowest median tax bill at $2,922. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Cashton Assessed Value
$223,150
Average La Crosse County Assessed Value
$200,900
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cashton, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54619 | $155,175 | $187,975 | $223,150 | $246,325 | $299,000 |
Source: Ownwell
Property Tax Bills Across Cashton, Wisconsin
In Cashton, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Cashton is $223,150. Property tax rates in this region can vary, with the 25th percentile tax bill being $2,461 and the 75th percentile reaching $3,835. The 90th percentile tax bill can go up to $4,321. These figures reflect the variability in property values and the corresponding tax obligations. The assessed value is influenced by factors such as the property's location, size, and condition. Homeowners in Cashton should be aware that their property tax bills can significantly impact their annual expenses. For context, the national median property tax rate is 0.99%, which can help homeowners gauge how their local tax rates compare. In La Crosse County, where Cashton is located, the highest and lowest median tax bills are both $2,922, indicating a relatively consistent tax rate across the area. Understanding these factors can help homeowners better anticipate and manage their property tax responsibilities.
Average Cashton Tax Bill
$2,922
Average La Crosse County Tax Bill
$3,624
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Cashton, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54619 | $2,032 | $2,461 | $2,922 | $3,835 | $4,321 |
Source: Ownwell