Onalaska, Wisconsin Property Taxes
The median property tax rate in Onalaska, WI is 1.62%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Onalaska at $245,500, the typical annual property tax bill reaches $3,947, exceeding the national median of $2,690. Property taxes in Onalaska 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 Onalaska'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 Onalaska 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
Onalaska, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.62%
Estimate Property Tax Bill
$3,977
Ownwell’s Onalaska Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Onalaska with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Onalaska 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 Onalaska, Wisconsin
Property taxes in Onalaska, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Onalaska is 1.62%, substantially higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Onalaska set these rates annually, and they can vary significantly across different neighborhoods. Each year, Onalaska 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 Onalaska's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54650 zip code has the highest median property tax rate of 1.62%, while the 54650 zip code also has the lowest median tax rate of 1.62%. Understanding how these cities compare with Onalaska 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 Onalaska Tax Rate
1.62%
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 Onalaska, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54650 | 1.57% | 1.58% | 1.62% | 1.62% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Onalaska, Wisconsin
In Onalaska, 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 Onalaska, 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 Onalaska helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the median home price in Onalaska is $245,500, with tax bills ranging from $3,143 at the 25th percentile to $6,772 at the 90th percentile. Notably, the highest and lowest median tax bills in the area are both $3,947, found in the 54650 zip code.
Average Onalaska Assessed Value
$245,500
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 Onalaska, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54650 | $161,200 | $195,200 | $245,500 | $328,300 | $422,260 |
Source: Ownwell
Property Tax Bills Across Onalaska, Wisconsin
In Onalaska, located in La Crosse County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Onalaska is $245,500. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as property improvements, neighborhood changes, and market conditions can influence the assessed value. For homeowners, property tax bills can vary significantly. The 25th percentile tax bill in Onalaska is $3,143, while the 75th percentile tax bill is $5,249. At the 90th percentile, homeowners might see bills as high as $6,772. These figures illustrate the range of property tax obligations residents might face, depending on their property's assessed value. Compared to the national median property tax rate of 0.99%, Onalaska's property taxes can be relatively high, impacting homeowners' annual expenses and potentially influencing their financial planning and homeownership decisions.
Average Onalaska Tax Bill
$3,947
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 Onalaska, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54650 | $2,565 | $3,143 | $3,947 | $5,249 | $6,772 |
Source: Ownwell