Burlington, Walworth County, Wisconsin Property Taxes
The median property tax rate in Burlington, WI is 1.08%, which is higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With a median home value of $297,108, the typical annual property tax bill in Burlington reaches $3,200, surpassing the national median of $2,690. Property taxes in Burlington are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Burlington'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 Burlington 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
Burlington, Walworth County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$3,209
$2,978
Ownwell’s Burlington Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to quickly estimate their annual property taxes in Burlington with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Burlington to provide an accurate property tax bill estimate. This valuable tool helps you understand your potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is the value assigned by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Burlington, Walworth County, Wisconsin
Property taxes in Burlington, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burlington is 1.08%, higher than the U.S. national median of 0.99%. Local government entities within Burlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burlington 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 Burlington's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53105 zip code has the highest median property tax rate of 1.08%, while the same zip code also has the lowest median tax rate of 1.08%. Understanding how these cities compare with Burlington provides valuable insights into the varying tax landscape across Walworth County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Burlington Tax Rate
1.08%
Average Walworth County Tax Rate
1.30%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burlington, Walworth County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53105 | 0.90% | 0.95% | 1.08% | 1.11% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Burlington, Walworth County, Wisconsin
In Burlington, 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 Walworth 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 Burlington, 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 Burlington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $3,200 in the 53105 zip code.
Property Tax Assessment Values Across Burlington, Walworth County, Wisconsin
Source: Ownwell
$163,882
$315,617
$467,352
Average Burlington Assessed Value
$297,108
Average Walworth County Assessed Value
$260,578
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burlington, Walworth County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53105 | $66,776 | $184,286 | $297,108 | $411,524 | $547,095 |
Source: Ownwell
Property Tax Bills Across Burlington, Walworth County, Wisconsin
Property tax bills in Burlington, Walworth County, WI, are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. Burlington's median home price is $297,108, and the tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Burlington can expect tax bills that vary significantly; for instance, the 25th percentile tax bill is around $2,104, while those in the 75th percentile pay approximately $4,463. At the higher end, the 90th percentile tax bill reaches $5,905. These property taxes fund essential public services, including schools, infrastructure, and emergency services, directly impacting homeowners' quality of life. Compared to the national median property tax rate of 0.99%, Burlington's property taxes can be seen as moderate, reflecting the area's home values and the quality of local services.
Average Burlington Tax Bill
$3,200
Average Walworth County Tax Bill
$3,583
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Burlington, Walworth County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53105 | $754 | $2,104 | $3,200 | $4,463 | $5,905 |
Source: Ownwell