Cascade, Sheboygan County, Wisconsin Property Taxes
The median property tax rate in Cascade, WI is 1.41%, which is significantly higher than the national median of 0.99%, yet lower than Wisconsin's state median of 1.58%. With a median home value of $220,700 in Cascade, the typical annual property tax bill amounts to $3,098, surpassing the national median of $2,690. Property taxes in Cascade are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural land. Understanding Cascade's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Cascade or another part of Sheboygan County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cascade, Sheboygan County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$3,112
$2,888
Ownwell’s Cascade Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cascade with just two data points. Simply input your property's estimated assessed value, and the calculator will apply the median tax rate in Cascade to provide an estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is determined by Sheboygan County for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Cascade, Sheboygan County, Wisconsin
Property taxes in Cascade, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cascade is 1.41%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Cascade set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cascade 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 Cascade's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53011 zip code has the highest median property tax rate of 1.41%, while the 53011 zip code also has the lowest median tax rate of 1.41%. Understanding how these cities compare with Cascade provides valuable insights into the varying tax landscape across Sheboygan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cascade Tax Rate
1.41%
Average Sheboygan County Tax Rate
1.82%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cascade, Sheboygan County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53011 | 1.32% | 1.37% | 1.41% | 1.46% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across Cascade, Sheboygan County, Wisconsin
In Cascade, 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 Sheboygan County Assessor 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 Cascade, 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. Being aware of these valuation processes in Cascade helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 53011, at $3,098, while the same zip code also records the lowest median tax bill.
Property Tax Assessment Values Across Cascade, Sheboygan County, Wisconsin
Source: Ownwell
$70,300
$173,250
$276,200
Average Cascade Assessed Value
$220,700
Average Sheboygan County Assessed Value
$188,600
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cascade, Sheboygan County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53011 | $104,400 | $157,500 | $220,700 | $310,100 | $416,300 |
Source: Ownwell
Property Tax Bills Across Cascade, Sheboygan County, Wisconsin
In Cascade, located in Sheboygan County, WI, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. For instance, if a home has an assessed value of $220,700, the tax bill will vary based on the local tax rate. The median tax bill in Cascade is $3,098, which is significantly higher than the national median property tax rate of 0.99%. This higher rate reflects the local government's funding needs for services such as schools, infrastructure, and emergency services. Factors influencing the tax bill include the home's assessed value, which may differ from its market value, and any applicable exemptions or deductions. Homeowners in Cascade can expect tax bills ranging from $2,244 at the 25th percentile to $5,933 at the 90th percentile, highlighting the variability based on property value and other considerations. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Cascade Tax Bill
$3,098
Average Sheboygan County Tax Bill
$3,209
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Cascade, Sheboygan County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53011 | $1,511 | $2,244 | $3,098 | $4,390 | $5,933 |
Source: Ownwell