Oneida, Wisconsin Property Taxes
The median property tax rate in Oneida, WI is 1.31%, which is notably higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $201,150 in Oneida, the typical annual property tax bill amounts to $2,619, just below the national median of $2,690. Property taxes in Oneida are determined based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. By understanding Oneida's property tax system, exploring available exemptions, and pinpointing opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you're situated in the heart of Oneida or another part of the city, gaining insight into the local property tax system is beneficial.
Last Updated June 14, 2024
Oneida, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$2,635
$2,445
Ownwell’s Oneida Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Oneida with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Oneida 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 Oneida, Wisconsin
Property taxes in Oneida, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Oneida is 1.31%, significantly higher than the U.S. national median of 0.99%. Local government entities within Oneida set these rates annually, and they can vary significantly across different neighborhoods. Each year, Oneida 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 Oneida's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54155 zip code has the highest median property tax rate of 1.31%, while the same zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Oneida 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 Oneida Tax Rate
1.31%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oneida, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54155 | 1.21% | 1.27% | 1.31% | 1.34% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Oneida, Wisconsin
In Oneida, 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 Oneida, 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 Oneida helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 54155, at $2,619, while the lowest is also 54155, at $2,619.
Average Oneida Assessed Value
$201,150
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 Oneida, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54155 | $67,580 | $143,875 | $201,150 | $253,175 | $338,510 |
Source: Ownwell
Property Tax Bills Across Oneida, Wisconsin
In Oneida, Outagamie County, WI, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the property. This value is then multiplied by the tax rate to determine the annual property tax bill. For example, with a median home price of $201,150, the tax bills can vary significantly. Homeowners at the 25th percentile can expect to pay around $1,844 annually, while those at the 75th percentile may see bills as high as $3,324. At the 90th percentile, the tax bill can reach up to $4,482. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, the rates in Oneida reflect the local government's needs and priorities, directly affecting homeowners' financial planning and community services.
Average Oneida Tax Bill
$2,619
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Oneida, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54155 | $773 | $1,844 | $2,619 | $3,324 | $4,482 |
Source: Ownwell