Richland County Property Taxes
The median property tax rate in Richland County is 1.66%, which is significantly higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Richland County, the typical annual property tax bill reaches $1,704, which, while lower than the national median of $2,690, still represents a notable expense for homeowners. Property taxes in Richland County are calculated based on the tax-assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Richland County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Richland Center or another part of Richland County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Richland County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.66%
Estimate Property Tax Bill
$1,614
$1,498
Ownwell’s Richland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Richland with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Richland to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Richland County, Wisconsin
Property taxes in Richland County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Richland County is 1.66%, which is higher than the U.S. national median of 0.99%. Local government entities within Richland County set these rates annually, and they can vary significantly between different areas within the county. Each year, Richland County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Richland County's effective property tax rate with other counties in Wisconsin and the national median. For comparison, the city of Richland Center has one of the higher property tax rates in Wisconsin at 2.02%, while the city of Spring Green boasts one of the lowest at 1.28%. Analyzing how Richland County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Richland County Tax Rate
1.66%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Richland County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blue River | 1.20% | 1.42% | 1.48% | 1.56% | 1.58% |
| Cazenovia | 1.34% | 1.42% | 1.65% | 1.86% | 2.12% |
| Gotham | 1.55% | 1.55% | 1.55% | 1.55% | 1.55% |
| Hillpoint | 1.78% | 1.79% | 1.81% | 1.81% | 1.81% |
| Hillsboro | 1.22% | 1.49% | 1.54% | 1.58% | 1.59% |
| La Farge | 1.24% | 1.29% | 1.37% | 1.45% | 1.51% |
| La Valle | 1.38% | 1.38% | 1.38% | 1.38% | 1.38% |
| Lone Rock | 1.17% | 1.38% | 1.45% | 1.58% | 1.63% |
| Muscoda | 1.32% | 1.44% | 1.49% | 1.58% | 1.63% |
| Richland Center | 1.48% | 1.67% | 2.02% | 2.11% | 2.14% |
| Soldiers Grove | 1.64% | 1.64% | 1.64% | 1.64% | 1.64% |
| Spring Green | 1.20% | 1.23% | 1.28% | 1.33% | 1.36% |
| Viola | 1.03% | 1.40% | 1.52% | 1.60% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Richland County, Wisconsin
In Richland County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Richland County Appraisal District. The assessed value, however, 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. Assessment notices in Richland County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, in Richland County, La Valle has the highest median tax bill at $3,683, while La Farge has the lowest median tax bill at $1,101. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Richland County, Wisconsin
Source: Ownwell
$78,250
$172,175
$266,100
Average Richland County Assessed Value
$97,250
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Richland County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blue River | $17,160 | $36,750 | $85,400 | $200,250 | $265,400 |
| Cazenovia | $37,440 | $45,700 | $80,550 | $174,550 | $296,770 |
| Gotham | $118,500 | $118,500 | $118,500 | $118,500 | $118,500 |
| Hillpoint | $110,160 | $133,050 | $171,200 | $176,050 | $178,960 |
| Hillsboro | $91,400 | $99,550 | $125,800 | $192,925 | $295,900 |
| La Farge | $64,850 | $69,875 | $78,250 | $86,625 | $91,650 |
| La Valle | $266,100 | $266,100 | $266,100 | $266,100 | $266,100 |
| Lone Rock | $35,740 | $66,325 | $114,850 | $213,600 | $367,760 |
| Muscoda | $36,950 | $50,750 | $112,850 | $173,200 | $242,000 |
| Richland Center | $40,350 | $62,600 | $92,750 | $146,150 | $226,600 |
| Soldiers Grove | $175,700 | $175,700 | $175,700 | $175,700 | $175,700 |
| Spring Green | $50,350 | $91,525 | $160,150 | $228,775 | $269,950 |
| Viola | $27,100 | $40,750 | $108,500 | $190,000 | $291,180 |
Source: Ownwell
Property Tax Bills Across Richland County, Wisconsin
In Richland County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. These assessed values are then multiplied by the county's property tax rate to determine the tax bill. Factors influencing the tax bill include the market value of the property, any improvements made, and local tax levies for services such as schools and infrastructure. For homeowners in Richland County, the tax bill can vary significantly. At the 25th percentile, the tax bill is around $1,051, while at the 75th percentile, it reaches approximately $2,885. Those at the 90th percentile may see bills as high as $4,250. In comparison, the national median property tax rate stands at 0.99%, making Richland County's range noteworthy. For example, in La Valle, the highest median tax bill is $3,683, whereas La Farge has the lowest median tax bill at $1,101. These variations can significantly impact homeowners' financial planning and budgeting.
Average Richland County Tax Bill
$1,704
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Richland County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blue River | $207 | $523 | $1,292 | $3,111 | $4,184 |
| Cazenovia | $563 | $658 | $1,564 | $3,003 | $4,598 |
| Gotham | $1,840 | $1,840 | $1,840 | $1,840 | $1,840 |
| Hillpoint | $1,962 | $2,388 | $3,097 | $3,187 | $3,241 |
| Hillsboro | $1,258 | $1,419 | $1,761 | $3,061 | $4,521 |
| La Farge | $811 | $920 | $1,101 | $1,281 | $1,390 |
| La Valle | $3,683 | $3,683 | $3,683 | $3,683 | $3,683 |
| Lone Rock | $512 | $936 | $1,785 | $3,094 | $5,153 |
| Muscoda | $476 | $644 | $1,686 | $2,705 | $3,664 |
| Richland Center | $787 | $1,205 | $1,704 | $2,713 | $3,785 |
| Soldiers Grove | $2,889 | $2,889 | $2,889 | $2,889 | $2,889 |
| Spring Green | $655 | $1,231 | $2,191 | $3,151 | $3,727 |
| Viola | $342 | $593 | $1,591 | $2,736 | $4,451 |
Source: Ownwell