Greenville, Wisconsin Property Taxes
The median property tax rate in Greenville, WI is 1.54%, slightly lower than the Wisconsin state median of 1.58% but still considerably higher than the national median of 0.99%. With the median home value in Greenville at $275,100, the typical annual property tax bill reaches $4,325, significantly exceeding the national median of $2,690. Property taxes in Greenville 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 Greenville'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 Greenville 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
Greenville, 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 Greenville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Greenville using just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Greenville to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities, giving you the insight needed to make informed decisions. If you're curious about trends at a more localized level, scroll down to find detailed neighborhood information. Your property’s assessed value is determined by the county for tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Greenville, Wisconsin
Property taxes in Greenville, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Greenville is 1.54%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Greenville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Greenville 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 Greenville's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54942 zip code has the highest median property tax rate of 1.54%, while the same zip code also has the lowest median tax rate of 1.54%. Understanding how these cities compare with Greenville 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 Greenville Tax Rate
1.54%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greenville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54942 | 1.47% | 1.52% | 1.54% | 1.58% | 1.65% |
Source: Ownwell
Property Tax Assessment Values Across Greenville, Wisconsin
In Greenville, 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 Greenville, 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. The median home price in Greenville is $275,100, with tax bills ranging from $3,708 at the 25th percentile to $6,236 at the 90th percentile. The highest and lowest median tax bills are both $4,325, found in the zip code 54942. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Greenville Assessed Value
$275,100
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 Greenville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54942 | $174,860 | $231,850 | $275,100 | $329,800 | $407,500 |
Source: Ownwell
Property Tax Bills Across Greenville, Wisconsin
In Greenville, Outagamie County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Greenville is $275,100, which plays a significant role in determining the tax bill. Local government assesses the value of each property, and this assessed value is then multiplied by the property tax rate to calculate the annual tax bill. For instance, the tax bill at the 25th percentile is $3,708, while at the 75th percentile, it reaches $5,111. Factors such as property improvements, neighborhood developments, and market conditions influence the assessed value. Homeowners in Greenville face tax bills that can vary significantly, with the 90th percentile reaching $6,236. These property taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting the community's quality of life. Comparing to the national median property tax rate of 0.99%, Greenville's rates highlight the importance of understanding local tax obligations and their implications on homeownership.
Average Greenville Tax Bill
$4,325
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Greenville, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54942 | $3,045 | $3,708 | $4,325 | $5,111 | $6,236 |
Source: Ownwell