Saint Nazianz, Wisconsin Property Taxes
The median property tax rate in Saint Nazianz, WI is 1.60%, notably higher than both the national median of 0.99% and Wisconsin's state median of 1.58%. With a median home value of $130,908 in Saint Nazianz, the typical annual property tax bill reaches $2,110, falling below the national median of $2,690. Property taxes in Saint Nazianz are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Nazianz'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 Saint Nazianz or another part of Manitowoc County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Nazianz, 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 Saint Nazianz Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Nazianz with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Nazianz 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 Saint Nazianz, Wisconsin
Property taxes in Saint Nazianz, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Nazianz is 1.60%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Saint Nazianz set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Nazianz 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 Saint Nazianz's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54232 has both the highest and the lowest median property tax rate of 1.60%. Understanding how these cities compare with Saint Nazianz 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 Saint Nazianz Tax Rate
1.60%
Average Manitowoc County Tax Rate
1.49%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Nazianz, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54232 | 1.51% | 1.57% | 1.60% | 1.65% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Saint Nazianz, Wisconsin
In Saint Nazianz, 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 Manitowoc 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 Saint Nazianz, 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. The median home price in Saint Nazianz is $130,908, with tax bills ranging from $1,804 at the 25th percentile to $3,337 at the 90th percentile. The zip code 54232 has both the highest and lowest median tax bill at $2,110. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Saint Nazianz, Wisconsin
Source: Ownwell
$116,650
$215,580
$314,510
Average Saint Nazianz Assessed Value
$130,908
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 Saint Nazianz, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54232 | $84,681 | $115,397 | $130,908 | $164,057 | $200,978 |
Source: Ownwell
Property Tax Bills Across Saint Nazianz, Wisconsin
Property tax bills in Saint Nazianz, Manitowoc County, WI, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the home. Once the assessed value is established, the property tax rate is applied to calculate the annual tax bill. Several factors influence the tax bill, including property size, location, and any improvements made to the property. For homeowners in Saint Nazianz, the tax bills can vary significantly. The 25th percentile tax bill is approximately $1,804, while the 75th percentile tax bill reaches around $2,673. For those at the higher end, the 90th percentile tax bill can be as much as $3,337. Comparatively, the national median property tax rate is 0.99%. Homeowners in this area may experience higher or lower tax bills based on these assessments and the applied rate, impacting their annual financial planning and overall cost of homeownership.
Average Saint Nazianz Tax Bill
$2,110
Average Manitowoc County Tax Bill
$2,169
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Nazianz, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54232 | $1,246 | $1,804 | $2,110 | $2,673 | $3,337 |
Source: Ownwell