Greenleaf, Wisconsin Property Taxes
The median property tax rate in Greenleaf, WI is 1.36%, which is significantly higher than the national median of 0.99%, yet lower than the Wisconsin state median of 1.58%. With a median home value of $17,800 in Greenleaf, the typical annual property tax bill amounts to $242, falling well below the national median of $2,690. Property taxes in Greenleaf are calculated based on the tax assessed value, which generally remains under the market value due to exemptions like primary residence and agricultural exemptions. Gaining a thorough understanding of Greenleaf's property tax system, exploring the available exemptions, and identifying potential reductions can result in substantial annual savings. Whether you're residing in the heart of Greenleaf or another part of Outagamie County, comprehending the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Greenleaf, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.36%
Estimate Property Tax Bill
$242
$225
Ownwell’s Greenleaf Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Greenleaf with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Greenleaf 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 Greenleaf, Wisconsin
Property taxes in Greenleaf, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Greenleaf is 1.36%, significantly higher than both the Wisconsin state median of 1.53% and the U.S. national median of 0.99%. Local government entities within Greenleaf set these rates annually, and they can vary significantly across different neighborhoods. Each year, Greenleaf 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 Greenleaf's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54126 zip code has the highest median property tax rate of 1.36%, while the 54126 zip code also has the lowest median tax rate of 1.36%. Understanding how these cities compare with Greenleaf 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 Greenleaf Tax Rate
1.36%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greenleaf, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54126 | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Greenleaf, Wisconsin
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Greenleaf, Wisconsin. 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 Greenleaf, 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 Greenleaf helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Greenleaf is $17,800, with the highest and lowest median tax bills both being $242 in zip code 54126.
Average Greenleaf Assessed Value
$17,800
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 Greenleaf, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54126 | $17,800 | $17,800 | $17,800 | $17,800 | $17,800 |
Source: Ownwell
Property Tax Bills Across Greenleaf, Wisconsin
In Greenleaf, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the market value of the property. For example, with a median home price of $17,800, the assessed value is used to calculate the property tax owed. The local tax rate is then applied to this assessed value to determine the annual tax bill. In Greenleaf, the property tax rate is relatively low compared to the national median property tax rate of 0.99%. Homeowners in this area typically see tax bills around $242, as indicated by the figures at the 25th, 75th, and 90th percentiles. This consistency suggests a stable tax environment, making it easier for homeowners to predict their annual expenses. The stability and predictability of property tax bills in Greenleaf can be a significant factor for homeowners when budgeting and planning their finances.
Average Greenleaf Tax Bill
$242
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Greenleaf, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54126 | $242 | $242 | $242 | $242 | $242 |
Source: Ownwell