Camp Douglas, Wisconsin Property Taxes
The median property tax rate in Camp Douglas, WI is 1.16%, which is higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $175,300 in Camp Douglas, the typical annual property tax bill amounts to $1,984, falling below the national median of $2,690. Property taxes in Camp Douglas are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Camp Douglas'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 Camp Douglas or another part of Monroe County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Camp Douglas, 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 Camp Douglas Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Camp Douglas with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Camp Douglas 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 Camp Douglas, Wisconsin
Property taxes in Camp Douglas, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Camp Douglas is 1.16%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Camp Douglas set these rates annually, and they can vary significantly across different neighborhoods. Each year, Camp Douglas 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 Camp Douglas's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54618 zip code has the highest median property tax rate of 1.16%, while the same zip code also has the lowest median tax rate of 1.16%. Understanding how these areas compare with Camp Douglas provides valuable insights into the varying tax landscape across Monroe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Camp Douglas Tax Rate
1.16%
Average Monroe County Tax Rate
1.50%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Camp Douglas, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54618 | 0.97% | 1.09% | 1.16% | 1.21% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Camp Douglas, Wisconsin
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Camp Douglas, 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 Monroe 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. Assessment notices in Camp Douglas 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 Camp Douglas helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Camp Douglas is $175,300, with the highest and lowest median tax bills both being $1,984 in the 54618 zip code.
Property Tax Assessment Values Across Camp Douglas, Wisconsin
Source: Ownwell
$112,900
$155,600
$198,300
Average Camp Douglas Assessed Value
$175,300
Average Monroe County Assessed Value
$170,300
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Camp Douglas, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54618 | $49,750 | $107,075 | $175,300 | $237,475 | $311,340 |
Source: Ownwell
Property Tax Bills Across Camp Douglas, Wisconsin
In Camp Douglas, located in Monroe County, WI, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The median home price in the area is $175,300. Homeowners can expect their tax bills to vary within a range; the 25th percentile tax bill is $1,263, while the 75th percentile tax bill reaches $2,815, and the 90th percentile tax bill is $3,788. These tax bills are influenced by several factors, including property location, market conditions, and any applicable exemptions or deductions. The highest and lowest median tax bills in the region are both reported to be $1,984, found in the zip code 54618. Compared to the national median property tax rate of 0.99%, Camp Douglas homeowners might find their tax rates slightly higher or lower, depending on their specific property assessments. This variability in tax bills can significantly impact homeowners, affecting their annual financial planning and overall cost of homeownership.
Average Camp Douglas Tax Bill
$1,984
Average Monroe County Tax Bill
$2,549
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Camp Douglas, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54618 | $499 | $1,263 | $1,984 | $2,815 | $3,788 |
Source: Ownwell