Seymour, Wisconsin Property Taxes
The median property tax rate in Seymour, WI is 1.72%, significantly higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With a median home value of $175,800 in Seymour, the typical annual property tax bill reaches $2,853, exceeding the national median of $2,690. Property taxes in Seymour 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 Seymour'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 Seymour 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
Seymour, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.72%
Estimate Property Tax Bill
$3,024
Ownwell’s Seymour Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Seymour with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Seymour 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 Seymour, Wisconsin
Property taxes in Seymour, Wisconsin, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Seymour is 1.72%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Seymour set these rates annually, and they can vary significantly across different neighborhoods. Each year, Seymour 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 Seymour's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54165 zip code has the highest median property tax rate of 1.72%, while the 54165 zip code also has the lowest median tax rate of 1.72%. Understanding how these cities compare with Seymour 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 Seymour Tax Rate
1.72%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Seymour, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54165 | 1.29% | 1.39% | 1.72% | 1.87% | 1.97% |
Source: Ownwell
Property Tax Assessment Values Across Seymour, Wisconsin
In Seymour, 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 Seymour, 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. Seymour's median home price is $175,800, with tax bills ranging from $2,070 at the 25th percentile to $4,924 at the 90th percentile. The zip code 54165 has the highest and lowest median tax bill, both at $2,853. 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 their tax burden.
Average Seymour Assessed Value
$175,800
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 Seymour, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54165 | $64,610 | $127,500 | $175,800 | $241,850 | $316,380 |
Source: Ownwell
Property Tax Bills Across Seymour, Wisconsin
In Seymour, located in 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 Seymour is $175,800, which serves as a baseline for determining property taxes. Homeowners' tax bills are influenced by several factors, including the assessed value of their property and the specific tax rate applied by local taxing authorities. For example, the tax bill at the 25th percentile is $2,070, while at the 75th percentile, it rises to $3,855. Those at the 90th percentile can see bills as high as $4,924. These figures highlight the variability in tax bills depending on property values and assessment practices. Compared to the national median property tax rate of 0.99%, Seymour's rates reflect a localized approach to property taxation. This system ensures that homeowners contribute to essential community services like schools, public safety, and infrastructure. However, higher property values can lead to increased tax burdens, impacting homeowners' financial planning and housing affordability.
Average Seymour Tax Bill
$2,853
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Seymour, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54165 | $865 | $2,070 | $2,853 | $3,855 | $4,924 |
Source: Ownwell