Auburndale, Wisconsin Property Taxes
The median property tax rate in Auburndale, WI is 1.27%, which is considerably higher than the national median of 0.99% but lower than Wisconsin's state median of 1.58%. With the median home value in Auburndale at $177,176, the typical annual property tax bill reaches $2,235, falling short of the national median of $2,690. Property taxes in Auburndale are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Auburndale'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 Auburndale 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
Auburndale, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$2,250
$2,088
Ownwell’s Auburndale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Auburndale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Auburndale 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 Auburndale, Wisconsin
Property taxes in Auburndale, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Auburndale is 1.27%, which is higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Auburndale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Auburndale 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 Auburndale's effective property tax rate to other areas in Marathon County and the national median. For comparison, the zip code 54412 has the highest median property tax rate of 1.27%, while the same zip code also has the lowest median tax rate of 1.27%. Understanding how these areas compare with Auburndale provides valuable insights into the varying tax landscape across Marathon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Auburndale Tax Rate
1.27%
Average Marathon County Tax Rate
1.64%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Auburndale, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54412 | 1.12% | 1.20% | 1.27% | 1.31% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Auburndale, Wisconsin
In Auburndale, 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 Marathon 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 Auburndale, 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 Auburndale is $177,176. The tax bill for the 25th percentile is $1,331, while the 75th percentile sees a tax bill of $3,703. Notably, the highest median tax bill in the area is $2,235, found in zip code 54412, which also has the lowest median tax bill of $2,235. 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 their tax burden.
Average Auburndale Assessed Value
$177,176
Average Marathon County Assessed Value
$164,200
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Auburndale, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54412 | $45,684 | $113,376 | $177,176 | $288,006 | $370,766 |
Source: Ownwell
Property Tax Bills Across Auburndale, Wisconsin
In Auburndale, located in Marathon County, WI, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local assessors who evaluate the market value of the property. Homeowners in Auburndale face property tax bills that vary significantly, with the 25th percentile paying around $1,331 and the 75th percentile paying approximately $3,703. The highest property tax bills in the area can reach up to $4,762, placing a considerable financial obligation on some homeowners. Factors influencing the tax bill include the property's assessed value, the local tax rate, and any applicable exemptions or deductions. For instance, if the median home price in Auburndale is $177,176, the property tax rate applied will determine the final tax bill. This rate can be compared to the national median property tax rate of 0.99%. Higher property tax bills can impact homeowners by increasing the overall cost of homeownership, potentially affecting affordability and financial planning.
Average Auburndale Tax Bill
$2,235
Average Marathon County Tax Bill
$2,706
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Auburndale, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54412 | $463 | $1,331 | $2,235 | $3,703 | $4,762 |
Source: Ownwell