Greenbush, Wisconsin Property Taxes
The median property tax rate in Greenbush, WI is 1.24%, higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Greenbush, the typical annual property tax bill reaches $1,599, which is below the national median of $2,690. Property taxes in Greenbush are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Greenbush'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 Greenbush or another part of Sheboygan County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Greenbush, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$1,599
$1,484
Ownwell’s Greenbush Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Greenbush with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Greenbush 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 Greenbush, Wisconsin
Property taxes in Greenbush, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Greenbush is 1.24%, higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Greenbush set these rates annually, and they can vary significantly across different neighborhoods. Each year, Greenbush 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 Greenbush's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53026 has the highest median property tax rate of 1.24%, while the same zip code also has the lowest median tax rate of 1.24%. Understanding how these cities compare with Greenbush 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 Greenbush Tax Rate
1.24%
Average Sheboygan County Tax Rate
1.82%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greenbush, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53026 | 1.24% | 1.24% | 1.24% | 1.24% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Greenbush, Wisconsin
In Greenbush, 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 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 Greenbush, 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. For example, the median home price in Greenbush is $128,950, with property tax bills ranging from $1,522 at the 25th percentile to $2,220 at the 90th percentile. 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 Greenbush helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Greenbush Assessed Value
$128,950
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 Greenbush, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53026 | $122,120 | $122,750 | $128,950 | $150,600 | $179,040 |
Source: Ownwell
Property Tax Bills Across Greenbush, Wisconsin
In Greenbush, located in Sheboygan County, WI, property tax bills are determined by a combination of the assessed value of the property and the local tax rate. The assessed value is an estimate of your property's worth, which is periodically updated to reflect changes in the market. Once the assessed value is established, it is multiplied by the local tax rate to calculate the property tax bill. For homeowners in Greenbush, the median home price is $128,950. Property tax bills can vary significantly, with the 25th percentile tax bill at $1,522 and the 75th percentile tax bill at $1,867. The 90th percentile tax bill reaches up to $2,220, indicating a range of tax burdens based on property values and specific assessments. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly affecting the quality of life in the community. Compared to the national median property tax rate of 0.99%, Greenbush homeowners experience a relatively moderate property tax environment, balancing community needs with individual financial responsibilities.
Average Greenbush Tax Bill
$1,599
Average Sheboygan County Tax Bill
$3,209
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Greenbush, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53026 | $1,514 | $1,522 | $1,599 | $1,867 | $2,220 |
Source: Ownwell