Kendall, Wisconsin Property Taxes
The median property tax rate in Kendall, WI is 1.55%, slightly lower than the Wisconsin state median of 1.58% but significantly higher than the national median of 0.99%. With the median home value in Kendall at $112,900, the typical annual property tax bill amounts to $1,811, which is below the national median of $2,690. Property taxes in Kendall 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 Kendall'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 Kendall 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
Kendall, 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 Kendall Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kendall with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kendall 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 Kendall, Wisconsin
Property taxes in Kendall, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kendall is 1.55%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Kendall set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kendall 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 Kendall's effective property tax rate to other areas in Monroe County and the national median. For comparison, the 54638 zip code has the highest median property tax rate of 1.55%, while the same zip code also represents the lowest median tax rate of 1.55%. Understanding how these areas compare with Kendall 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 Kendall Tax Rate
1.55%
Average Monroe County Tax Rate
1.50%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kendall, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54638 | 1.29% | 1.44% | 1.55% | 1.65% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Kendall, Wisconsin
In Kendall, 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 Monroe County Assessor 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 Kendall, 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. For instance, the median home price in Kendall is $112,900, with tax bills ranging from $1,100 at the 25th percentile to $3,855 at the 90th percentile. The zip code 54638 has the highest median tax bill at $1,811. 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 Kendall helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kendall Assessed Value
$112,900
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 Kendall, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54638 | $41,340 | $72,800 | $112,900 | $183,400 | $248,400 |
Source: Ownwell
Property Tax Bills Across Kendall, Wisconsin
In Kendall, 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 tax rate to determine the annual property tax bill. For Kendall, located in Monroe County, the tax rate can lead to varying bills depending on the assessed value of the property. For instance, homeowners in Kendall might find their tax bills ranging from $1,100 at the 25th percentile to $2,826 at the 75th percentile, with the highest bills reaching up to $3,855 at the 90th percentile. These figures indicate that while some residents might pay relatively lower taxes, others could face significantly higher bills depending on their property's assessed value. Compared to the national median property tax rate of 0.99%, Kendall's property tax landscape can have a notable impact on homeowners, influencing their financial planning and overall cost of living. Understanding these factors is crucial for homeowners to manage their expenses effectively.
Average Kendall Tax Bill
$1,811
Average Monroe County Tax Bill
$2,549
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Kendall, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54638 | $586 | $1,100 | $1,811 | $2,826 | $3,855 |
Source: Ownwell