Tigerton, Wisconsin Property Taxes
The median property tax rate in Tigerton, WI is 1.00%, slightly above the national median of 0.99% but below the Wisconsin state median of 1.58%. With the median home value in Tigerton at $19,900, the typical annual property tax bill is $199, which is considerably lower than the national median of $2,690. Property taxes in Tigerton are calculated based on the assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Tigerton'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 Tigerton 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
Tigerton, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$199
$185
Ownwell’s Tigerton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tigerton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tigerton 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 Tigerton, Wisconsin
Property taxes in Tigerton, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tigerton is 1.00%, slightly higher than the U.S. national median of 0.99%. Local government entities within Tigerton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tigerton 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 Tigerton's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the zip code 54486 has both the highest and lowest median property tax rate of 1.00%. Understanding how these areas compare with Tigerton 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 Tigerton Tax Rate
1.00%
Average Outagamie County Tax Rate
1.71%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tigerton, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54486 | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Tigerton, Wisconsin
In Tigerton, 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 Tigerton, 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 Tigerton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Tigerton are both $199.00, found in the zip code 54486.
Average Tigerton Assessed Value
$19,900
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 Tigerton, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54486 | $19,900 | $19,900 | $19,900 | $19,900 | $19,900 |
Source: Ownwell
Property Tax Bills Across Tigerton, Wisconsin
In Tigerton, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the local assessor, who evaluates the property's market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Tigerton, the median home price stands at $19,900. Given this, the property tax rate in the area is notably higher than the national median property tax rate of 0.99%. Factors influencing the tax bill include property size, location, and any improvements made to the property. In Tigerton, the tax bill at the 25th, 75th, and 90th percentiles is consistently $199, indicating a relatively uniform tax burden across different property values. This uniformity can simplify financial planning for homeowners but also highlights the higher tax rate compared to other regions. Homeowners must budget for these taxes, which can significantly impact their overall housing costs.
Average Tigerton Tax Bill
$199
Average Outagamie County Tax Bill
$3,156
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Tigerton, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54486 | $199 | $199 | $199 | $199 | $199 |
Source: Ownwell