Green Bay, Wisconsin Property Taxes
The median property tax rate in Green Bay, WI is 1.33%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Green Bay at $156,700, the typical annual property tax bill reaches $1,953, exceeding the national median of $2,690. Property taxes in Green Bay 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 Green Bay'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 Green Bay 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
Green Bay, 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 Green Bay Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Green Bay with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Green Bay 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 Green Bay, Wisconsin
Property taxes in Green Bay, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Green Bay is 1.33%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Green Bay set these rates annually, and they can vary significantly across different neighborhoods. Each year, Green Bay 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 Green Bay's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54311 zip code has the highest median property tax rate of 1.39%, while the 54303 zip code has the lowest median tax rate of 1.14%. Understanding how these areas compare with Green Bay 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 Green Bay Tax Rate
1.33%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Green Bay, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54303 | 1.10% | 1.11% | 1.14% | 1.16% | 1.17% |
| 54304 | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% |
| 54311 | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% |
| 54313 | 1.30% | 1.32% | 1.34% | 1.40% | 2.03% |
Source: Ownwell
Property Tax Assessment Values Across Green Bay, Wisconsin
In Green Bay, 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. 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 Green Bay helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Green Bay is $2,102 in the 54303 zip code, while the lowest is $274 in the 54311 zip code.
Average Green Bay Assessed Value
$156,700
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 Green Bay, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54303 | $177,770 | $180,275 | $184,450 | $188,625 | $191,130 |
| 54304 | $54,260 | $55,400 | $57,300 | $59,200 | $60,340 |
| 54311 | $19,700 | $19,700 | $19,700 | $19,700 | $19,700 |
| 54313 | $19,620 | $24,500 | $159,900 | $241,600 | $258,500 |
Source: Ownwell
Property Tax Bills Across Green Bay, Wisconsin
In Green Bay, located in Outagamie County, WI, property tax bills are determined based on the assessed value of a home. The assessed value is a percentage of the property's market value, which is periodically evaluated by local assessors. Homeowners in Green Bay face varying tax bills, influenced by factors such as property location, home size, and market conditions. For instance, the median home price in Green Bay is $156,700. Tax bills can range significantly across different areas within the city. For example, the tax bill at the 25th percentile is approximately $530, while at the 75th percentile, it reaches around $2,797. The 90th percentile tax bill is about $3,403. In some zip codes, such as 54303, the highest median tax bill is $2,102, whereas in others, like 54311, the lowest median tax bill is $274. These property tax bills impact homeowners by contributing to local services and infrastructure. However, they can also represent a substantial annual expense, particularly in areas with higher assessed values.
Average Green Bay Tax Bill
$1,953
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Green Bay, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54303 | $1,957 | $2,011 | $2,102 | $2,192 | $2,247 |
| 54304 | $633 | $646 | $668 | $690 | $704 |
| 54311 | $274 | $274 | $274 | $274 | $274 |
| 54313 | $399 | $498 | $2,076 | $3,217 | $3,452 |
Source: Ownwell