Black Creek, Wisconsin Property Taxes
The median property tax rate in Black Creek, WI is 1.46%, which is considerably higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $169,900 in Black Creek, the typical annual property tax bill reaches $2,492, which is below the national median of $2,690. Property taxes in Black Creek 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 Black Creek'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 Black Creek or another part of Outagamie County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Black Creek, 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 BLACK CREEK Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BLACK CREEK with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BLACK CREEK 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 Black Creek, Wisconsin
Property taxes in Black Creek, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Black Creek is 1.46%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Black Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, Black Creek 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 Black Creek's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54106 has the highest median property tax rate of 1.46%, while the same zip code also has the lowest median tax rate of 1.46%. Understanding how these cities compare with Black Creek provides valuable insights into the varying tax landscape across Outagamie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Black Creek Tax Rate
1.46%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Black Creek, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54106 | 0.96% | 1.18% | 1.46% | 1.77% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across Black Creek, Wisconsin
In Black Creek, 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 Outagamie 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 Black Creek, 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 Black Creek helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $2,492 in the 54106 zip code, which is also the lowest median tax bill.
Average Black Creek Assessed Value
$169,900
Average Outagamie County Assessed Value
$190,900
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Black Creek, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54106 | $27,100 | $106,100 | $169,900 | $254,500 | $351,740 |
Source: Ownwell
Property Tax Bills Across Black Creek, Wisconsin
In Black Creek, Outagamie County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in this area is $169,900. Property taxes are then applied to this assessed value using the local tax rate. Factors influencing the tax bill include the property's assessed value, local government budgets, and specific levies for schools, infrastructure, and public services. Homeowners in Black Creek can expect varying property tax bills. For instance, the 25th percentile tax bill is approximately $1,633, while the 75th percentile tax bill reaches around $3,425. The 90th percentile tax bill can be as high as $4,356. These figures show a significant range, reflecting differences in property values and specific assessments. Comparatively, the national median property tax rate is 0.99%, which helps put these local figures into perspective. Understanding these factors is crucial for homeowners as property taxes directly impact annual housing costs and overall affordability.
Average Black Creek Tax Bill
$2,492
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Black Creek, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54106 | $407 | $1,633 | $2,492 | $3,425 | $4,356 |
Source: Ownwell