Beloit, Rock County, Wisconsin Property Taxes

Name: Property Tax Bills Across Beloit, Rock County, Wisconsin
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Beloit, WI effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Beloit, WI home value: $127,800
Median annual Beloit, WI tax bill: $1,925, $475 lower than the national median property tax bill of $2,400.

How are property taxes in Rock County calculated?

Property taxes in Beloit, WI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Beloit’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Beloit, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Beloit, Rock County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.51%

Estimate Property Tax Bill

$1,930

$1,791

Ownwell’s Beloit Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Beloit with just two data points. By entering your property's estimated assessed value, our calculator applies Beloit’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Rock County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Beloit, Rock County, Wisconsin

Local government entities in Wisconsin set tax rates, which can vary widely within the state. Each year, Rock County estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Beloit, located in Rock County, the effective property tax rate stands at 1.51%, which is higher than the national median property tax rate of 1.02%. This means property owners in Beloit might experience higher property tax bills compared to other regions in the U.S. The median property tax bill in Beloit reflects this higher rate, exceeding the national median property tax bill of $2,400. Understanding these rates can be crucial for homeowners looking to manage their expenses effectively. Whether you're a new homeowner or have been residing in Beloit for years, staying informed about property tax trends can help you make better financial decisions.

Property Tax Rates Across Beloit, Rock County, Wisconsin

Source: Ownwell

1.15%

1.56%

1.97%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Beloit Tax Rate

1.51%

Median Effective Rock County Tax Rate

1.51%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Beloit, Rock County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
53511	1.35%	1.45%	1.51%	1.57%	1.62%

Source: Ownwell

Property Tax Assessment Values Across Beloit, Rock County, Wisconsin

When examining property taxes in Beloit, WI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Rock County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices: In Rock County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Beloit. For example, the median home price in Beloit is $127,800, with tax bills ranging significantly across the county. 53511 has the highest median home price at $127,800.

Property Tax Assessment Values Across Beloit, Rock County, Wisconsin

Source: Ownwell

$127,800

$195,550

$263,300

Median Beloit Market Value

$127,800

Median Rock County Market Value

$91,700

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Beloit, Rock County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
53511	$71,200	$93,200	$127,800	$180,600	$250,640

Source: Ownwell

Property Tax Bills Across Beloit, Rock County, Wisconsin

In Beloit, located in Rock County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the property. Homeowners in Beloit experience a median property tax bill of $1,925, which is below the national median of $2,400. This can be attributed to the median home price of $127,800 in the area. Factors such as location, property size, and improvements can influence the assessed value and, consequently, the tax bill. For homeowners, understanding these factors is crucial as they directly affect the cost of homeownership.

Ownwell provides valuable services to help homeowners reduce their property tax bills. By analyzing market trends and property assessments, Ownwell identifies discrepancies and files appeals on behalf of homeowners. This can result in significant savings, ensuring homeowners only pay their fair share. With expertise in property tax laws and a proven track record, Ownwell is a reliable partner in managing property tax expenses efficiently.

Property Tax Bills Across Beloit, Rock County, Wisconsin

Source: Ownwell

$1,712

$3,066

$4,420

Median Beloit Tax Bill

$1,925

Median Rock County Tax Bill

$3,073

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Beloit, Rock County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
53511	$1,063	$1,389	$1,925	$2,760	$3,946

Source: Ownwell