Coon Valley, Wisconsin Property Taxes
The median property tax rate in Coon Valley, WI is 1.40%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Coon Valley at $236,550, the typical annual property tax bill reaches $3,679, exceeding the national median of $2,690. Property taxes in Coon Valley 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 Coon Valley'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 Coon Valley 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
Coon Valley, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$3,312
$3,073
Ownwell’s COON VALLEY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in COON VALLEY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in COON VALLEY 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 Coon Valley, Wisconsin
Property taxes in Coon Valley, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Coon Valley is 1.40%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Coon Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Coon Valley 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 Coon Valley's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the 54623 zip code has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these cities compare with Coon Valley 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 Coon Valley Tax Rate
1.40%
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 Coon Valley, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54623 | 1.31% | 1.38% | 1.40% | 1.63% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Coon Valley, Wisconsin
In Coon Valley, 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 Assessor 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 Coon Valley, 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 Coon Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 54623 has the highest and lowest median tax bill, both at $3,679.
Average Coon Valley Assessed Value
$236,550
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 Coon Valley, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54623 | $101,430 | $175,425 | $236,550 | $319,925 | $414,300 |
Source: Ownwell
Property Tax Bills Across Coon Valley, Wisconsin
In Coon Valley, located in La Crosse County, WI, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is an estimate of the property's market value, which is periodically updated to reflect changes in the real estate market. Several factors influence the assessed value, including the property's size, age, location, and condition. Homeowners in Coon Valley can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is approximately $2,493, while the 75th percentile reaches around $4,916. At the 90th percentile, tax bills can be as high as $6,131. These variations highlight how property characteristics and market dynamics impact tax obligations. Compared to the national median property tax rate of 0.99%, La Crosse County exhibits a range of tax burdens, reflecting both the diversity of properties and the local fiscal policies. Understanding these factors helps homeowners anticipate their tax liabilities and manage their finances accordingly.
Average Coon Valley Tax Bill
$3,679
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 Coon Valley, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54623 | $1,415 | $2,493 | $3,679 | $4,916 | $6,131 |
Source: Ownwell