Athelstane, Wisconsin Property Taxes
The median property tax rate in Athelstane, WI is 1.00%, slightly higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Athelstane at $91,700, the typical annual property tax bill is $916, falling below the national median of $2,690. Property taxes in Athelstane are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Athelstane'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 Athelstane 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
Athelstane, 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 Athelstane Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Athelstane with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Athelstane 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 Athelstane, Wisconsin
Property taxes in Athelstane, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Athelstane is 1.00%, which is higher than the U.S. national median of 0.99%. Local government entities within Athelstane set these rates annually, and they can vary significantly across different neighborhoods. Each year, Athelstane 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 Athelstane's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54104 zip code has the highest median property tax rate of 1.00%, while the same zip code also has the lowest median tax rate of 1.00%. Understanding how these cities compare with Athelstane provides valuable insights into the varying tax landscape across Oconto County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Athelstane Tax Rate
1.00%
Average Oconto County Tax Rate
1.20%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Athelstane, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54104 | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Athelstane, Wisconsin
In Athelstane, 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 Oconto County Assessor's Office 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 Athelstane, 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 Athelstane helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $916, with the zip code 54104.
Average Athelstane Assessed Value
$91,700
Average Oconto County Assessed Value
$159,700
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Athelstane, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54104 | $91,700 | $91,700 | $91,700 | $91,700 | $91,700 |
Source: Ownwell
Property Tax Bills Across Athelstane, Wisconsin
In Athelstane, located in Oconto County, WI, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $91,700. Property taxes are determined by multiplying the assessed value of the property by the local tax rate. For Athelstane, the property tax rate results in a median tax bill of $916, which is significantly below the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's assessed value, the local tax rate, and any applicable exemptions. Homeowners in Athelstane benefit from a relatively low property tax burden, which can make homeownership more affordable compared to other regions. This lower tax bill can positively impact homeowners by reducing their annual expenses, allowing for more financial flexibility. The consistency of the tax bills, with the 25th, 75th, and 90th percentiles all at $916, indicates a stable and predictable property tax environment in the area.
Average Athelstane Tax Bill
$916
Average Oconto County Tax Bill
$2,049
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Athelstane, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54104 | $916 | $916 | $916 | $916 | $916 |
Source: Ownwell