Plain, Wisconsin Property Taxes
The median property tax rate in Plain, WI is 1.78%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Plain at $198,270, the typical annual property tax bill reaches $3,165, exceeding the national median of $2,690. Property taxes in Plain 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 Plain'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 Plain 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
Plain, Wisconsin Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$3,160
Ownwell’s Plain Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Plain with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plain 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 Plain, Wisconsin
Property taxes in Plain, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Plain is 1.78%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Plain set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plain 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 Plain's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53577 zip code has the highest median property tax rate of 1.78%, while the same zip code also has the lowest median tax rate of 1.78%. Understanding how these cities compare with Plain provides valuable insights into the varying tax landscape across Sauk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Plain Tax Rate
1.78%
Average Sauk County Tax Rate
1.40%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plain, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53577 | 1.28% | 1.41% | 1.78% | 1.87% | 1.92% |
Source: Ownwell
Property Tax Assessment Values Across Plain, Wisconsin
In PLAIN, 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 Sauk 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 PLAIN, 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. For instance, the highest median tax bill in the area is $3,165, while the lowest is also $3,165, both found in the 53577 zip code. Being aware of these valuation processes in PLAIN helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Plain Assessed Value
$198,270
Average Sauk County Assessed Value
$227,964
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Plain, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53577 | $112,599 | $144,704 | $198,270 | $289,274 | $371,285 |
Source: Ownwell
Property Tax Bills Across Plain, Wisconsin
In Plain, located in Sauk 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 Plain experience a range of property tax bills, with the 25th percentile at $2,359 and the 75th percentile at $4,691. For those at the 90th percentile, tax bills can reach up to $6,184. Several factors influence these tax bills, including property size, location, and any improvements made to the home. The local tax rate is applied to the assessed value to determine the final tax bill. This can significantly impact homeowners, as property taxes are a substantial annual expense. Comparatively, the national median property tax rate is 0.99%, highlighting how local variations can affect the financial burden on residents. The highest and lowest median tax bills in the area are both recorded at $3,165 in zip code 53577, demonstrating some consistency within the region.
Average Plain Tax Bill
$3,165
Average Sauk County Tax Bill
$3,357
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Plain, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53577 | $1,593 | $2,359 | $3,165 | $4,691 | $6,184 |
Source: Ownwell