Prairie Du Sac, Wisconsin Property Taxes
The median property tax rate in Prairie du Sac, WI is 1.63%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Prairie du Sac at $309,401, the typical annual property tax bill reaches $4,723, exceeding the national median of $2,690. Property taxes in Prairie du Sac 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 Prairie du Sac'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 Prairie du Sac 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
Prairie Du Sac, 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 Prairie du Sac Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Prairie du Sac with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Prairie du Sac 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 Prairie Du Sac, Wisconsin
Property taxes in Prairie du Sac, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Prairie du Sac is 1.63%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Prairie du Sac set these rates annually, and they can vary significantly across different neighborhoods. Each year, Prairie du Sac 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 Prairie du Sac's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53578 zip code has the highest median property tax rate of 1.63%, while the same zip code also has the lowest median tax rate of 1.63%. Understanding how these cities compare with Prairie du Sac 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 Prairie Du Sac Tax Rate
1.63%
Average Sauk County Tax Rate
1.40%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Prairie Du Sac, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53578 | 1.17% | 1.28% | 1.63% | 1.66% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Prairie Du Sac, Wisconsin
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Prairie du Sac, WI. 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. Assessment notices in Prairie du Sac 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 Prairie du Sac helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Prairie du Sac are both $4723, found in zip code 53578, highlighting the uniformity in tax assessments within this area.
Property Tax Assessment Values Across Prairie Du Sac, Wisconsin
Source: Ownwell
$79,873
$224,914
$369,954
Average Prairie Du Sac Assessed Value
$309,401
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 Prairie Du Sac, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53578 | $205,355 | $255,461 | $309,401 | $399,758 | $492,851 |
Source: Ownwell
Property Tax Bills Across Prairie Du Sac, Wisconsin
In Prairie du Sac, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the home's location, size, and condition, as well as recent sales of similar properties, are considered in the assessment process. For homeowners in Prairie du Sac, the tax bill can vary significantly. At the 25th percentile, the tax bill is around $3,746, while at the 75th percentile, it rises to approximately $6,117. The highest tax bills, at the 90th percentile, can reach up to $7,661. The median home price in the area is $309,401, and the median property tax rate for the county is higher than the national median of 0.99%. These property taxes fund essential local services, including schools, infrastructure, and emergency services, directly impacting the quality of life in Prairie du Sac.
Average Prairie Du Sac Tax Bill
$4,723
Average Sauk County Tax Bill
$3,357
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Prairie Du Sac, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53578 | $2,469 | $3,746 | $4,723 | $6,117 | $7,661 |
Source: Ownwell