Fredonia, Ozaukee County, Wisconsin Property Taxes
The median property tax rate in Fredonia, WI is 1.33%, 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 $282,600 in Fredonia, the typical annual property tax bill amounts to $3,699, surpassing the national median of $2,690. Property taxes in Fredonia are determined based on the tax assessed value, which is generally lower than the market value due to various exemptions such as those for primary residences and agricultural properties. By understanding Fredonia's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you reside in the heart of Fredonia or another part of Ozaukee County, a thorough understanding of the local property tax system is crucial for maximizing financial benefits.
Last Updated June 14, 2024
Fredonia, Ozaukee County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.33%
Estimate Property Tax Bill
$3,759
$3,488
Ownwell’s Fredonia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fredonia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fredonia 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 Fredonia, Ozaukee County, Wisconsin
Property taxes in Fredonia, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fredonia is 1.33%, which is higher than the U.S. national median of 0.99%. Local government entities within Fredonia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fredonia 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 Fredonia's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the 53021 zip code has the highest median property tax rate of 1.33%, while the same zip code also has the lowest median tax rate of 1.33%. Understanding how these cities compare with Fredonia provides valuable insights into the varying tax landscape across Ozaukee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fredonia Tax Rate
1.33%
Average Ozaukee County Tax Rate
1.24%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fredonia, Ozaukee County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53021 | 1.10% | 1.15% | 1.33% | 1.40% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Fredonia, Ozaukee County, Wisconsin
In Fredonia, 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 Ozaukee 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 Fredonia, 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 Fredonia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Fredonia is $282,600, with the highest median tax bill in zip code 53021 at $3,699.
Property Tax Assessment Values Across Fredonia, Ozaukee County, Wisconsin
Source: Ownwell
$207,100
$505,950
$804,800
Average Fredonia Assessed Value
$282,600
Average Ozaukee County Assessed Value
$339,400
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fredonia, Ozaukee County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53021 | $192,900 | $234,100 | $282,600 | $346,300 | $431,500 |
Source: Ownwell
Property Tax Bills Across Fredonia, Ozaukee County, Wisconsin
In Fredonia, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Fredonia is $282,600, which serves as a benchmark for determining property taxes. Homeowners in this area can expect their tax bills to vary significantly, with the 25th percentile paying around $3,035 and the 75th percentile paying approximately $4,487. For those at the 90th percentile, tax bills can reach up to $5,215. Several factors influence these tax bills, including changes in home values and local government budget requirements. The assessed value of a property is crucial, as it directly impacts the amount homeowners owe in taxes. Compared to the national median property tax rate of 0.99%, Fredonia's property tax rates can seem relatively high, reflecting the local economic conditions and public service needs. These taxes fund essential services such as schools, infrastructure, and emergency services, thereby affecting the overall quality of life for residents.
Average Fredonia Tax Bill
$3,699
Average Ozaukee County Tax Bill
$4,109
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Fredonia, Ozaukee County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53021 | $2,432 | $3,035 | $3,699 | $4,487 | $5,215 |
Source: Ownwell