Sheboygan, Sheboygan County, Wisconsin Property Taxes
The median property tax rate in Sheboygan, WI is 1.90%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Sheboygan at $159,700, the typical annual property tax bill reaches $2,901, exceeding the national median of $2,690. Property taxes in Sheboygan 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 Sheboygan'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 Sheboygan 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
Sheboygan, Sheboygan County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.9%
Estimate Property Tax Bill
$3,034
$2,816
Ownwell’s Sheboygan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sheboygan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sheboygan 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 Sheboygan, Sheboygan County, Wisconsin
Property taxes in Sheboygan, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sheboygan is 1.90%, significantly higher than the U.S. national median of 0.99%. Local government entities within Sheboygan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sheboygan 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 Sheboygan's effective property tax rate to other regions in Wisconsin and the national median. For comparison, the 53081 zip code has the highest median property tax rate of 1.90%, while the 53083 zip code has the lowest median tax rate of 1.90%. Understanding how these areas compare with Sheboygan 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 Sheboygan Tax Rate
1.90%
Average Sheboygan County Tax Rate
1.82%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sheboygan, Sheboygan County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53081 | 1.42% | 1.90% | 1.90% | 1.90% | 1.91% |
| 53083 | 1.42% | 1.42% | 1.90% | 1.90% | 1.90% |
Source: Ownwell
Property Tax Assessment Values Across Sheboygan, Sheboygan County, Wisconsin
In Sheboygan, 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 Sheboygan, 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 Sheboygan is $3,424 in the 53083 zip code, while the lowest is $2,655 in the 53081 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Sheboygan, Sheboygan County, Wisconsin
Source: Ownwell
$70,300
$173,250
$276,200
Average Sheboygan Assessed Value
$159,700
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 Sheboygan, Sheboygan County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53081 | $82,000 | $106,100 | $142,501 | $191,000 | $264,960 |
| 53083 | $111,400 | $148,425 | $198,950 | $273,675 | $361,100 |
Source: Ownwell
Property Tax Bills Across Sheboygan, Sheboygan County, Wisconsin
In Sheboygan, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Sheboygan is $159,700, which serves as a basis for determining property taxes. Tax authorities assess properties to establish their taxable value, and this assessed value is then multiplied by the local tax rate to calculate the annual tax bill. The local tax rate is influenced by various factors, including funding requirements for public services such as schools, infrastructure, and emergency services. Homeowners in Sheboygan can expect their property tax bills to vary widely. For instance, the 25th percentile tax bill is around $2,169, while the 75th percentile tax bill reaches approximately $3,822. At the higher end, the 90th percentile tax bill can be as much as $5,033. The highest median tax bill in the area is $3,424 in the 53083 zip code, whereas the lowest median tax bill is $2,655 in the 53081 zip code. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Sheboygan Tax Bill
$2,901
Average Sheboygan County Tax Bill
$3,209
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Sheboygan, Sheboygan County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53081 | $1,563 | $2,007 | $2,655 | $3,434 | $4,524 |
| 53083 | $2,032 | $2,653 | $3,424 | $4,402 | $5,811 |
Source: Ownwell