Dalton, Wisconsin Property Taxes
The median property tax rate in Dalton, WI is 1.20%, significantly higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Dalton at $161,650, the typical annual property tax bill reaches $2,016, surpassing the national median of $2,690. Property taxes in Dalton are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Dalton'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 Dalton or another part of Marquette County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dalton, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,940
$1,800
Ownwell’s Dalton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dalton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dalton 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 Dalton, Wisconsin
Property taxes in Dalton, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dalton is 1.20%, significantly higher than the U.S. national median of 0.99%. Local government entities within Dalton set these rates annually, and they can vary considerably across different neighborhoods. Each year, Dalton 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 Dalton's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the 53926 zip code has both the highest and lowest median property tax rate of 1.20%. Understanding how these areas compare with Dalton provides valuable insights into the varying tax landscape across Marquette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dalton Tax Rate
1.20%
Average Marquette County Tax Rate
1.32%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dalton, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53926 | 1.17% | 1.18% | 1.20% | 1.24% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Dalton, Wisconsin
In Dalton, 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 Marquette 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 Dalton, 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 Dalton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Dalton is $161,650, with tax bills varying significantly. For example, the 25th percentile tax bill is $931, while the 75th percentile tax bill is $2,389. The zip code 53926 has the highest median tax bill at $2,016.
Average Dalton Assessed Value
$161,650
Average Marquette County Assessed Value
$127,100
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dalton, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53926 | $65,750 | $77,150 | $161,650 | $195,250 | $227,440 |
Source: Ownwell
Property Tax Bills Across Dalton, Wisconsin
In Dalton, property tax bills are determined by assessing the market value of a home and applying the local tax rate to that value. The assessed value is a percentage of the market value, which is then multiplied by the tax rate set by local authorities. Homeowners in Dalton can expect varying tax bills based on their property’s assessed value. For instance, a home in the 25th percentile might have a tax bill of around $931, while a home in the 75th percentile could see a bill of approximately $2,389. The highest median tax bill in the region stands at $2,016, which is relatively high compared to the national median property tax rate 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 these factors helps homeowners anticipate their tax obligations and manage their finances effectively.
Average Dalton Tax Bill
$2,016
Average Marquette County Tax Bill
$1,806
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Dalton, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53926 | $787 | $931 | $2,016 | $2,389 | $2,727 |
Source: Ownwell