Almond, Wisconsin Property Taxes
The median property tax rate in Almond, 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 a median home value of $188,650 in Almond, the typical annual property tax bill amounts to $2,408, slightly below the national median of $2,690. Property taxes in Almond are calculated based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Almond'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 Almond or another part of Waushara County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Almond, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$2,377
$2,206
Ownwell’s Almond Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Almond. By entering your property's estimated assessed value, the calculator uses the median tax rate in Almond to provide an accurate estimate of your property tax bill. This tool helps you understand potential tax liabilities and make informed financial decisions. For those interested in more detailed insights, scroll down to explore trends on a neighborhood level. Your property’s assessed value is determined by Waushara County for tax purposes, considering any applicable exemptions.
Property Tax Rates Across Almond, Wisconsin
Property taxes in Almond, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Almond is 1.26%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Almond set these rates annually, and they can vary significantly across different neighborhoods. Each year, Almond 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 Almond's effective property tax rate to other areas in Waushara County and the national median. For comparison, the 54909 zip code has both the highest and the lowest median property tax rate of 1.26%. Understanding how these areas compare with Almond provides valuable insights into the varying tax landscape across Waushara County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Almond Tax Rate
1.26%
Average Waushara County Tax Rate
1.26%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Almond, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54909 | 1.25% | 1.26% | 1.26% | 1.27% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Almond, Wisconsin
In Almond, 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 Waushara 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 Almond, 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 Almond helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in Almond is 54909, with a median tax bill of $2,408. Conversely, the zip code with the lowest median tax bill is also 54909, with the same median tax bill of $2,408.
Average Almond Assessed Value
$188,650
Average Waushara County Assessed Value
$163,950
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Almond, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54909 | $112,490 | $142,775 | $188,650 | $221,625 | $228,690 |
Source: Ownwell
Property Tax Bills Across Almond, Wisconsin
In Almond, located in Waushara 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 the area is $188,650. Homeowners in Almond can expect property tax bills to vary widely, with the 25th percentile at $1,797 and the 75th percentile reaching $2,837. The highest median tax bill in the region is $2,408, found in ZIP code 54909. The tax bill is determined by multiplying the assessed value of the property by the local tax rate. Factors such as property size, location, and market conditions can influence the assessed value. For homeowners, this means that changes in property value or local tax rates directly impact their annual tax bill. When compared to the national median property tax rate of 0.99%, the property tax rates in Almond can be seen as relatively moderate, providing a balanced financial environment for residents.
Average Almond Tax Bill
$2,408
Average Waushara County Tax Bill
$2,143
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Almond, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
54909 | $1,406 | $1,797 | $2,408 | $2,837 | $2,900 |
Source: Ownwell