Eagle, Wisconsin Property Taxes
The median property tax rate in Eagle, WI is 0.98%, slightly below both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Eagle at $376,050, the typical annual property tax bill reaches $3,710, significantly higher than the national median of $2,690. Property taxes in Eagle 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 Eagle'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 Eagle 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
Eagle, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$3,685
$3,420
Ownwell’s Eagle Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Eagle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eagle to provide an estimate of 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 Eagle, Wisconsin
Property taxes in Eagle, Wisconsin, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Eagle is 0.98%, slightly lower than the U.S. national median of 0.99%. Local government entities within Eagle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eagle 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 Eagle's effective property tax rate to other areas in Waukesha County and the national median. For comparison, the 53119 zip code has the highest median property tax rate of 0.98%, while the 53149 zip code has the lowest median tax rate of 0.98%. Understanding how these areas compare with Eagle provides valuable insights into the varying tax landscape across Waukesha County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eagle Tax Rate
0.98%
Average Waukesha County Tax Rate
1.34%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eagle, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53119 | 0.93% | 0.93% | 0.98% | 1.09% | 1.09% |
| 53149 | 0.98% | 0.98% | 0.98% | 0.98% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Eagle, Wisconsin
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Eagle, 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 Waukesha 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 Eagle, 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, Eagle's median home price is $376,050, with tax bills ranging from $3,076 at the 25th percentile to $5,407 at the 90th percentile. The highest median tax bill is $3,713 in zip code 53119, while the lowest is $1,382 in zip code 53149. By understanding these valuation concepts, property owners can better navigate their tax responsibilities, identify opportunities for protesting assessments, or apply for exemptions to effectively manage their tax burden.
Average Eagle Assessed Value
$376,050
Average Waukesha County Assessed Value
$348,408
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eagle, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53119 | $232,760 | $293,100 | $376,350 | $471,825 | $559,280 |
| 53149 | $141,000 | $141,000 | $141,000 | $141,000 | $141,000 |
Source: Ownwell
Property Tax Bills Across Eagle, Wisconsin
In Eagle, property tax bills are calculated based on the assessed value of a homeowner's property and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the property. This value is then multiplied by the property tax rate set by local taxing authorities. In Waukesha County, where Eagle is located, the property tax rate can vary, but it is essential to note that the national median property tax rate stands at 0.99%. Several factors influence the final tax bill, including the property's location, its assessed value, and any applicable exemptions or deductions. For example, in Eagle, the median home price is $376,050. Homeowners in the 25th percentile can expect a tax bill around $3,076, while those in the 75th percentile may see a bill closer to $4,636. The highest median tax bill in the area is $3,713, found in the 53119 zip code. These taxes fund essential public services, impacting homeowners by contributing to community infrastructure, schools, and emergency services.
Average Eagle Tax Bill
$3,710
Average Waukesha County Tax Bill
$4,538
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Eagle, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53119 | $2,519 | $3,077 | $3,713 | $4,636 | $5,407 |
| 53149 | $1,382 | $1,382 | $1,382 | $1,382 | $1,382 |
Source: Ownwell