Endeavor, Wisconsin Property Taxes
The median property tax rate in Endeavor, WI is 1.43%, which is considerably higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Endeavor at $155,900, the typical annual property tax bill reaches $2,501, which is below the national median of $2,690. Property taxes in Endeavor 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 Endeavor'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 Endeavor 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
Endeavor, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$2,229
$2,069
Ownwell’s Endeavor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Endeavor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Endeavor 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 Endeavor, Wisconsin
Property taxes in Endeavor, Wisconsin, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Endeavor is 1.43%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Endeavor set these rates annually, and they can vary across different neighborhoods. Each year, Endeavor 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 Endeavor's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53930 zip code has the highest median property tax rate of 1.43%, while the same zip code also has the lowest median tax rate of 1.43%. Understanding how these cities compare with Endeavor 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 Endeavor Tax Rate
1.43%
Average Marquette County Tax Rate
1.32%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Endeavor, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53930 | 1.40% | 1.41% | 1.43% | 1.76% | 1.82% |
Source: Ownwell
Property Tax Assessment Values Across Endeavor, Wisconsin
In Endeavor, Wisconsin, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value represents 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 Endeavor, 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 Endeavor helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Endeavor is $155,900, with the tax bill at the 25th percentile being $1,353 and at the 75th percentile being $3,166. The zip code with the highest median tax bill is 53930, at $2,501.
Average Endeavor Assessed Value
$155,900
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 Endeavor, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53930 | $50,370 | $77,100 | $155,900 | $208,550 | $240,350 |
Source: Ownwell
Property Tax Bills Across Endeavor, Wisconsin
In Endeavor, WI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor’s office. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Endeavor, the median home price is $155,900. Several factors influence the assessed value, including the property's size, location, and condition. The tax rate is set by local governments and can vary annually based on budgetary needs. Homeowners in Endeavor experience a range of property tax bills, with the 25th percentile at $1,353 and the 75th percentile at $3,166. Comparatively, the national median property tax rate is 0.99%, which helps put Endeavor's tax rates into perspective. Higher property taxes can impact homeowners by increasing their annual housing costs, potentially influencing decisions on purchasing or maintaining a home. Understanding these factors is crucial for homeowners to anticipate their financial responsibilities accurately.
Average Endeavor Tax Bill
$2,501
Average Marquette County Tax Bill
$1,806
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Endeavor, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53930 | $764 | $1,353 | $2,501 | $3,166 | $3,730 |
Source: Ownwell