Tigerton, Wisconsin Property Taxes
The median property tax rate in Tigerton, WI is 1.25%, which is higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value in Tigerton of $102,531, the typical annual property tax bill amounts to $1,364, which is below the national median of $2,690. Property taxes in Tigerton are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Tigerton'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 Tigerton 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
Tigerton, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$1,282
$1,189
Ownwell’s Tigerton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tigerton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tigerton 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 Shawano County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Tigerton, Wisconsin
Property taxes in Tigerton, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tigerton is 1.25%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Tigerton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tigerton 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 Tigerton's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 54486 has the highest median property tax rate of 1.25%, while the same zip code also has the lowest median tax rate of 1.25%. Understanding how these cities compare with Tigerton provides valuable insights into the varying tax landscape across Shawano County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tigerton Tax Rate
1.25%
Average Shawano County Tax Rate
1.29%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tigerton, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54486 | 1.01% | 1.15% | 1.25% | 1.52% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Tigerton, Wisconsin
In Tigerton, 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 Shawano 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 Tigerton, 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. The median home price in Tigerton is $102,531, with the 25th percentile tax bill at $844 and the 75th percentile tax bill at $1,994. The highest and lowest median tax bills are both $1,364 in the 54486 zip code. Being aware of these valuation processes in Tigerton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Tigerton Assessed Value
$102,531
Average Shawano County Assessed Value
$142,102
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tigerton, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54486 | $32,058 | $60,633 | $102,531 | $160,896 | $223,998 |
Source: Ownwell
Property Tax Bills Across Tigerton, Wisconsin
In Tigerton, located in Shawano County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Tigerton is $102,531. Homeowners in this region can expect their property tax bills to vary significantly depending on their property's assessed value. For instance, the tax bill at the 25th percentile is around $844, while at the 75th percentile, it rises to approximately $1,994. Those at the 90th percentile might see tax bills as high as $2,811. These tax bills are influenced by the local property tax rate and the assessed value of the home, which may not always align with the market value. Homeowners in Tigerton face a median tax bill of $1,364, which is higher than the national median property tax rate of 0.99%. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life in the community.
Average Tigerton Tax Bill
$1,364
Average Shawano County Tax Bill
$2,012
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Tigerton, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54486 | $473 | $844 | $1,364 | $1,994 | $2,811 |
Source: Ownwell