Slinger, Wisconsin Property Taxes
The median property tax rate in Slinger, WI is 1.26%, which is higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With the median home value in Slinger, the typical annual property tax bill reaches $3,264, surpassing the national median of $2,690. Property taxes in Slinger are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Slinger'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 Slinger 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
Slinger, Wisconsin Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$3,160
Ownwell’s Slinger Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Slinger with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Slinger 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 Slinger, Wisconsin
Property taxes in Slinger, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Slinger is 1.26%, which is higher than the U.S. national median of 0.99%. Local government entities within Slinger set these rates annually, and they can vary significantly across different neighborhoods. Each year, Slinger 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 Slinger's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the zip code 53086 has the highest median property tax rate of 1.26%, while the same zip code also has the lowest median tax rate of 1.26%. Understanding how these cities compare with Slinger 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 Slinger Tax Rate
1.26%
Average Washington County Tax Rate
1.22%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Slinger, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53086 | 0.76% | 0.88% | 1.26% | 1.31% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Slinger, Wisconsin
In Slinger, 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 Slinger, 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. For instance, the median home price in Slinger is $323,536, with tax bills ranging from $2,489 at the 25th percentile to $5,811 at the 90th percentile. The highest and lowest median tax bills in the area are both $3,264, found in the 53086 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Slinger Assessed Value
$323,536
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 Slinger, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53086 | $160,054 | $227,894 | $323,536 | $403,052 | $505,429 |
Source: Ownwell
Property Tax Bills Across Slinger, Wisconsin
In Slinger, Washington County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For example, with a median home price of $323,536, homeowners can expect varying tax bills depending on the specific assessed value of their property and the local tax rate. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. The tax bill can range significantly; at the 25th percentile, homeowners might pay around $2,489, while those at the 75th percentile could see bills as high as $4,556. At the 90th percentile, the tax bill can reach up to $5,811. For homeowners in Slinger, understanding these factors and how they contribute to the overall tax bill is crucial. High property taxes can impact household budgets and long-term financial planning, making it essential for homeowners to stay informed about their property’s assessed value and potential exemptions.
Average Slinger Tax Bill
$3,264
Average Washington County Tax Bill
$3,282
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Slinger, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53086 | $1,856 | $2,489 | $3,264 | $4,556 | $5,811 |
Source: Ownwell