Bonduel, Wisconsin Property Taxes
The median property tax rate in Bonduel, WI is 0.93%, which is below both the national median of 0.99% and the Wisconsin state median of 1.58%. With a median home value of $247,300 in Bonduel, the typical annual property tax bill is approximately $2,300, which is less than the national median of $2,690. Property taxes in Bonduel are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Bonduel'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 Bonduel 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
Bonduel, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$2,300
Ownwell’s Bonduel Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bonduel with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bonduel 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 Bonduel, Wisconsin
Property taxes in Bonduel, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bonduel is 0.93%, which is lower than the U.S. national median of 0.99%. Local government entities within Bonduel set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bonduel 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 Bonduel's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the zip code 54107 has the highest median property tax rate of 0.93%, while the same zip code also has the lowest median tax rate of 0.93%. Understanding how these figures compare with Bonduel 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 Bonduel Tax Rate
0.93%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bonduel, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54107 | 0.86% | 0.90% | 0.93% | 0.94% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Bonduel, Wisconsin
In Bonduel, 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 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 Bonduel, 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 Bonduel helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 54107, with a median tax bill of $2,300.
Average Bonduel Assessed Value
$247,300
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 Bonduel, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54107 | $128,360 | $168,100 | $247,300 | $298,000 | $361,080 |
Source: Ownwell
Property Tax Bills Across Bonduel, Wisconsin
Property tax bills in Bonduel, Outagamie County, WI, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local assessor, who evaluates the property's market value. Once the assessed value is established, it is multiplied by the local tax rate to calculate the tax bill. In Bonduel, the median home price is $247,300. Homeowners in the 25th percentile of tax bills pay approximately $1,516 annually, while those in the 75th percentile pay around $2,801. At the 90th percentile, tax bills can reach up to $3,441. These figures reflect how property taxes can vary significantly based on property values and local tax rates. Compared to the national median property tax rate of 0.99%, homeowners in Bonduel experience a range of tax burdens. Understanding these factors can help homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Bonduel Tax Bill
$2,300
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Bonduel, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54107 | $1,139 | $1,516 | $2,300 | $2,801 | $3,441 |
Source: Ownwell