Campbellsport, Washington County, Wisconsin Property Taxes
The median property tax rate in Campbellsport, WI is 0.85%, which is notably lower than both the national median of 0.99% and the Wisconsin state median of 1.58%. With a median home value of $271,656, the typical annual property tax bill in Campbellsport amounts to $2,306, falling below the national median of $2,690. Property taxes here are determined based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Campbellsport'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 Campbellsport or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Campbellsport, Washington County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.85%
Estimate Property Tax Bill
$2,309
$2,143
Ownwell’s Campbellsport Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Campbellsport with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Campbellsport 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 Campbellsport, Washington County, Wisconsin
Property taxes in Campbellsport, Wisconsin, play a crucial role in financing essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Campbellsport stands at 0.85%, which is lower than the U.S. national median of 0.99%. Local government entities within Campbellsport set these rates annually, and they can vary significantly across different neighborhoods. Each year, Campbellsport 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 Campbellsport's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the zip code 53010 has the highest median property tax rate of 0.85%, while the same zip code also has the lowest median tax rate of 0.85%. Understanding how these cities compare with Campbellsport provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Campbellsport Tax Rate
0.85%
Average Washington County Tax Rate
1.22%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Campbellsport, Washington County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53010 | 0.80% | 0.82% | 0.85% | 0.87% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Campbellsport, Washington County, Wisconsin
In Campbellsport, 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 Washington 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 Campbellsport, 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. The median home price in Campbellsport is $271,656, with property tax bills ranging from $1,676 at the 25th percentile to $3,970 at the 90th percentile. 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 Campbellsport, Washington County, Wisconsin
Source: Ownwell
$227,054
$310,284
$393,513
Average Campbellsport Assessed Value
$271,656
Average Washington County Assessed Value
$284,190
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Campbellsport, Washington County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53010 | $153,093 | $204,276 | $271,656 | $387,635 | $453,364 |
Source: Ownwell
Property Tax Bills Across Campbellsport, Washington County, Wisconsin
In Campbellsport, located in Washington County, WI, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by local assessors who evaluate various factors such as the property's size, location, and condition. The tax rate is then applied to this assessed value to determine the annual tax bill. In Campbellsport, homeowners experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $1,676, while those at the 75th percentile pay around $3,339. The highest median tax bill in the area reaches $2,306. For comparison, the national median property tax rate stands at 0.99%, which provides context for understanding local rates. These property taxes significantly impact homeowners by contributing to essential public services such as schools, infrastructure, and emergency services. Understanding how these taxes are calculated can help homeowners anticipate their financial obligations and manage their budgets more effectively.
Property Tax Bills Across Campbellsport, Washington County, Wisconsin
Source: Ownwell
$2,243
$3,325
$4,407
Average Campbellsport Tax Bill
$2,306
Average Washington County Tax Bill
$3,282
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Campbellsport, Washington County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53010 | $1,282 | $1,676 | $2,306 | $3,339 | $3,970 |
Source: Ownwell