Brillion, Wisconsin Property Taxes
The median property tax rate in Brillion, WI is 1.27%, which is higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Brillion at $223,880, the typical annual property tax bill reaches $2,869, surpassing the national median of $2,690. Property taxes in Brillion are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Brillion'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 Brillion 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
Brillion, Wisconsin Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$3,160
Ownwell’s Brillion Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brillion with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brillion 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 Brillion, Wisconsin
Property taxes in Brillion, Wisconsin, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Brillion is 1.27%, higher than both the Wisconsin state median of 1.53% and the U.S. national median of 0.99%. Local government entities within Brillion set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brillion 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 Brillion's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54110 zip code has the highest median property tax rate of 1.27%, while the 54110 zip code also has the lowest median tax rate of 1.27%. Understanding how these cities compare with Brillion provides valuable insights into the varying tax landscape across Manitowoc County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brillion Tax Rate
1.27%
Average Manitowoc County Tax Rate
1.49%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brillion, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54110 | 1.14% | 1.19% | 1.27% | 1.36% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Brillion, Wisconsin
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Brillion, Wisconsin. 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 local 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. Assessment notices in Brillion 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. Brillion's median home price is $223,880, with property tax bills ranging significantly. The 25th percentile tax bill is $1,985, while the 75th percentile tax bill is $4,297. The highest median tax bill in the area is $2,869, found in the 54110 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Brillion Assessed Value
$223,880
Average Manitowoc County Assessed Value
$151,900
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brillion, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54110 | $98,439 | $163,818 | $223,880 | $334,486 | $415,925 |
Source: Ownwell
Property Tax Bills Across Brillion, Wisconsin
In Brillion, located in Manitowoc County, WI, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local assessor, who evaluates the property’s market value. This assessment is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Brillion, the median home price is $223,880. Property tax bills can vary significantly, with the 25th percentile paying around $1,985 and the 75th percentile paying approximately $4,297. Those in the 90th percentile see tax bills as high as $5,621. Comparatively, the median property tax rate in Brillion is higher than the national median of 0.99%. These property taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Understanding how these taxes are calculated can help homeowners better manage their finances and anticipate future tax obligations.
Average Brillion Tax Bill
$2,869
Average Manitowoc County Tax Bill
$2,169
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Brillion, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54110 | $1,180 | $1,985 | $2,869 | $4,297 | $5,621 |
Source: Ownwell