Darlington, Wisconsin Property Taxes
The median property tax rate in Darlington, WI is 2.37%, significantly higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Darlington, the typical annual property tax bill reaches $489, which is below the national median of $2,690. Property taxes in Darlington 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 Darlington'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 Darlington 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
Darlington, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.37%
Estimate Property Tax Bill
$494
$458
Ownwell’s Darlington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Darlington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Darlington 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 Darlington, Wisconsin
Property taxes in Darlington, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Darlington is 2.37%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Darlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Darlington 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 Darlington's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53530 zip code has the highest and lowest median property tax rate of 2.37%. Understanding how these areas compare with Darlington provides valuable insights into the varying tax landscape across Lafayette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Darlington Tax Rate
2.37%
Average Lafayette County Tax Rate
1.84%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Darlington, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53530 | 1.65% | 1.73% | 2.37% | 2.45% | 2.45% |
Source: Ownwell
Property Tax Assessment Values Across Darlington, Wisconsin
In Darlington, 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 Lafayette 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 Darlington, 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 Darlington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $489.00 in zip code 53530, while the lowest is also $489.00 in the same zip code, reflecting a consistent tax environment.
Average Darlington Assessed Value
$20,841
Average Lafayette County Assessed Value
$15,150
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Darlington, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53530 | $1,721 | $6,802 | $20,841 | $86,362 | $109,150 |
Source: Ownwell
Property Tax Bills Across Darlington, Wisconsin
In Darlington, 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's office, reflecting the market value of the property. Homeowners in Darlington, Lafayette County, experience a range of property tax bills. For example, at the 25th percentile, the tax bill is approximately $160, while at the 75th percentile, it rises to about $2,014. The highest median tax bill in the area is $489, which is relatively modest compared to the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's location, size, and improvements. These taxes fund essential public services like schools, infrastructure, and emergency services, impacting the overall quality of life in the community. Homeowners should be aware of these factors as they directly affect their annual financial obligations and the value they receive from local services.
Average Darlington Tax Bill
$489
Average Lafayette County Tax Bill
$291
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Darlington, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53530 | $36 | $160 | $489 | $2,014 | $2,514 |
Source: Ownwell