Hubertus, Wisconsin Property Taxes
The median property tax rate in Hubertus, WI is 0.95%, slightly below the national median of 0.99% and significantly lower than the Wisconsin state median of 1.58%. With the median home value in Hubertus at $326,610, the typical annual property tax bill reaches $3,255, surpassing the national median of $2,690. Property taxes in Hubertus are calculated based on the assessed value, which generally falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Hubertus'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 Hubertus or another part of Washington County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hubertus, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$3,103
Ownwell’s Hubertus Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hubertus with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hubertus 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 Hubertus, Wisconsin
Property taxes in Hubertus, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hubertus is 0.95%, slightly lower than the U.S. national median of 0.99%. Local government entities within Hubertus set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hubertus 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 Hubertus's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53033 zip code has both the highest and lowest median property tax rate of 0.95%. Understanding how these areas compare with Hubertus 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 Hubertus Tax Rate
0.95%
Average Washington County Tax Rate
1.22%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hubertus, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53033 | 0.91% | 0.93% | 0.95% | 0.99% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Hubertus, Wisconsin
In Hubertus, 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 Hubertus, 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 Hubertus helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Hubertus both stand at $3,255 in the zip code 53033. The median home price is $326,610, with tax bills ranging from $2,505 at the 25th percentile to $6,209 at the 90th percentile.
Average Hubertus Assessed Value
$326,610
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 Hubertus, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53033 | $212,818 | $264,770 | $326,610 | $453,103 | $589,607 |
Source: Ownwell
Property Tax Bills Across Hubertus, Wisconsin
In Hubertus, Washington 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 Hubertus is $326,610, and the property tax rate is influenced by various local factors, including municipal budgets, school district funding, and public services. Homeowners in Hubertus typically see tax bills ranging from $2,505 at the 25th percentile to $4,607 at the 75th percentile, with the 90th percentile reaching up to $6,209. The assessed value of a property is determined by local assessors who evaluate market conditions and property characteristics. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. For instance, with the highest median tax bill in the area being $3,255, homeowners can compare this to the national median property tax rate of 0.99% to understand their relative tax burden. These property taxes are crucial for funding local services, which directly affect the quality of life in the community.
Average Hubertus Tax Bill
$3,255
Average Washington County Tax Bill
$3,282
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Hubertus, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53033 | $2,009 | $2,505 | $3,255 | $4,607 | $6,209 |
Source: Ownwell