Earth City, Wisconsin Property Taxes
The median property tax rate in Earth City, WI is 1.12%, 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 Earth City, the typical annual property tax bill is $138, significantly below the national median of $2,690. Property taxes in Earth City are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Earth City’s property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Earth City 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
Earth City, 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 Earth City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Earth City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Earth City 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 Earth City, Wisconsin
Property taxes in Earth City, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Earth City is 1.12%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Earth City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Earth City 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 Earth City's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the highest median property tax rate in the area is 1.45%, while the lowest median tax rate is 0.75%. Understanding how these cities compare with Earth City 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 Earth City Tax Rate
1.12%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Earth City, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Earth City, Wisconsin
In Earth City, 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 Earth City, 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 Earth City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $12,400, with tax bills ranging from $138 at the 25th percentile to $138 at the 90th percentile.
Average Earth City Assessed Value
$12,400
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 Earth City, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Earth City, Wisconsin
In Earth City, Outagamie County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to derive the annual property tax bill. In Earth City, the median home price is $12,400, and the property tax rate is applied uniformly across different percentiles, resulting in a tax bill of $138 for the 25th, 75th, and 90th percentiles. This means that regardless of the home’s assessed value within these percentiles, homeowners can expect a consistent tax bill. This uniformity contrasts with the national median property tax rate of 0.99%, highlighting a relatively lower tax burden for Earth City residents. Property taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting community quality. For homeowners, understanding these factors is crucial, as property taxes represent a significant and recurring expense that must be factored into overall homeownership costs.
Average Earth City Tax Bill
$138
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Earth City, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell