Blair, Wisconsin Property Taxes
The median property tax rate in Blair, WI is 1.65%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Blair, the typical annual property tax bill reaches $2,167, which is below the national median of $2,690. Property taxes in Blair 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 Blair'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 Blair 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
Blair, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.65%
Estimate Property Tax Bill
$2,140
Ownwell’s Blair Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Blair. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Blair to provide an estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, helping you make informed financial decisions. Additionally, if you’re curious about property tax trends at the neighborhood level, you can explore more localized information by scrolling down. Your property’s assessed value, determined by the county, is essential for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Blair, Wisconsin
Property taxes in Blair, Wisconsin, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Blair is 1.65%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Blair set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blair 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 Blair's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54616 zip code has both the highest and lowest median property tax rate of 1.65%. Understanding how these areas compare with Blair 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 Blair Tax Rate
1.65%
Average Trempealeau County Tax Rate
1.65%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blair, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54616 | 1.37% | 1.51% | 1.65% | 1.77% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Blair, Wisconsin
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Blair, Wisconsin. 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 Blair, 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. The median home price in Blair is $129,700, with tax bills ranging from $1,522 at the 25th percentile to $4,047 at the 90th percentile. The highest and lowest median tax bills are both $2,167, found in the 54616 zip code. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Blair Assessed Value
$129,700
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 Blair, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54616 | $66,020 | $95,700 | $129,700 | $189,050 | $253,440 |
Source: Ownwell
Property Tax Bills Across Blair, Wisconsin
In Blair, located in Trempealeau 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 Blair is $129,700, and the property tax rate in this region is a significant factor in determining the annual tax bill. For instance, the tax bill for the 25th percentile of properties is $1,522, while for the 75th percentile, it rises to $3,056. Homeowners in the 90th percentile can see tax bills as high as $4,047. Several factors influence these tax bills, including the assessed value of the property, any applicable exemptions, and the specific tax rate applied by local authorities. Compared to the national median property tax rate of 0.99%, Blair's tax rates can vary significantly, impacting how much homeowners owe annually. This variation in tax bills affects homeowners' financial planning and can influence decisions regarding property investment and long-term residency in the area.
Average Blair Tax Bill
$2,167
Average Trempealeau County Tax Bill
$2,894
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Blair, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54616 | $944 | $1,522 | $2,167 | $3,056 | $4,047 |
Source: Ownwell