Mindoro, Wisconsin Property Taxes
The median property tax rate in Mindoro, WI is 1.63%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Mindoro at $148,300, the typical annual property tax bill reaches $2,526, which is just below the national median of $2,690. Property taxes in Mindoro 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 Mindoro'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 Mindoro 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
Mindoro, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.63%
Estimate Property Tax Bill
$2,417
Ownwell’s Mindoro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mindoro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mindoro 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 Mindoro, Wisconsin
Property taxes in Mindoro, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mindoro is 1.63%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Mindoro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mindoro 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 Mindoro's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54644 has both the highest and lowest median property tax rate of 1.63%. Understanding how these cities compare with Mindoro 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 Mindoro Tax Rate
1.63%
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 Mindoro, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54644 | 1.63% | 1.63% | 1.63% | 1.66% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Mindoro, Wisconsin
In Mindoro, 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 Mindoro, 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 Mindoro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the 54644 zip code are both $2526.
Average Mindoro Assessed Value
$148,300
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 Mindoro, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54644 | $58,900 | $103,300 | $148,300 | $218,600 | $294,740 |
Source: Ownwell
Property Tax Bills Across Mindoro, Wisconsin
In Mindoro, located in La Crosse County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and reflects the property's market value. Homeowners in Mindoro face a median property tax rate that is competitive with the national median of 0.99%. For a median home price of $148,300, property tax bills can vary significantly. At the 25th percentile, homeowners might pay around $1,713, while those at the 75th percentile could see bills as high as $3,605. The 90th percentile tax bill can reach up to $4,842. These variations are influenced by factors such as property location, improvements, and market conditions. High property taxes can impact homeowners by increasing the cost of homeownership, while lower taxes can make the area more attractive to potential buyers. Understanding these factors helps homeowners plan their finances and assess the true cost of owning property in Mindoro.
Average Mindoro Tax Bill
$2,526
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 Mindoro, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54644 | $988 | $1,713 | $2,526 | $3,605 | $4,842 |
Source: Ownwell