Arcadia, Wisconsin Property Taxes
The median property tax rate in Arcadia, WI is 1.82%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Arcadia at $151,800, the typical annual property tax bill reaches $2,826, exceeding the national median of $2,690. Property taxes in Arcadia 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 Arcadia'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 Arcadia 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
Arcadia, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.82%
Estimate Property Tax Bill
$2,763
Ownwell’s Arcadia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arcadia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arcadia 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 Arcadia, Wisconsin
Property taxes in Arcadia, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arcadia is 1.82%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Arcadia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arcadia 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 Arcadia's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54612 zip code has both the highest and lowest median property tax rate of 1.82%. Understanding how these cities compare with Arcadia provides valuable insights into the varying tax landscape across Trempealeau County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arcadia Tax Rate
1.82%
Average Trempealeau County Tax Rate
1.65%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arcadia, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54612 | 1.55% | 1.72% | 1.82% | 1.94% | 2.07% |
Source: Ownwell
Property Tax Assessment Values Across Arcadia, Wisconsin
In Arcadia, 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 Trempealeau 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 Arcadia, 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 Arcadia 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 54612, with a tax bill of $2,826.
Average Arcadia Assessed Value
$151,800
Average Trempealeau County Assessed Value
$169,050
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arcadia, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54612 | $67,790 | $104,300 | $151,800 | $221,925 | $333,780 |
Source: Ownwell
Property Tax Bills Across Arcadia, Wisconsin
In Arcadia, WI, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local assessors who evaluate the property's market value, taking into account factors such as location, size, and condition. Once the assessed value is established, the local tax rate is applied to determine the annual property tax bill. For homeowners in Arcadia, the median home price is $151,800. Property tax bills can vary significantly, with the 25th percentile paying around $1,966 annually, while those in the 75th percentile face bills closer to $4,019. At the higher end, the 90th percentile sees tax bills reaching up to $6,090. These tax rates can have a considerable impact on homeowners, influencing decisions on buying and selling property. Compared to the national median property tax rate of 0.99%, the rates in Arcadia reflect the local economic conditions and public service funding needs. Understanding these factors can help homeowners better plan their finances and anticipate future tax liabilities.
Average Arcadia Tax Bill
$2,826
Average Trempealeau County Tax Bill
$2,894
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Arcadia, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54612 | $1,076 | $1,966 | $2,826 | $4,019 | $6,090 |
Source: Ownwell