New Franken, Brown County, Wisconsin Property Taxes
Median New Franken, WI effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median New Franken, WI home value: $262,900
Median annual New Franken, WI tax bill: $3,113, $713 higher than the national median property tax bill of $2,400.
How are property taxes in Brown County calculated?
Property taxes in New Franken, WI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding New Franken’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Franken, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Franken, Brown County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.22%
Estimate Property Tax Bill
$3,207
$2,976
Property Tax Rates Across New Franken, Brown County, Wisconsin
Local government entities are responsible for setting tax rates, and these can vary significantly within a state. This is because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
New Franken in Brown County, WI, offers a unique perspective on property tax rates. The effective property tax rate here is competitive when compared to other cities in Wisconsin. The median property tax rate in Wisconsin is higher than the national median of 1.02%. This comparison highlights the variability of property tax rates not only across the state but also on a national scale. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively. By comparing New Franken's rates to state and national medians, property owners can gain insights into their tax obligations and potential savings through appeals or exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective New Franken Tax Rate
1.22%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Brown County Tax Rate
1.47%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Franken, Brown County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54229 | 1.07% | 1.08% | 1.22% | 1.24% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across New Franken, Brown County, Wisconsin
When examining property taxes in New Franken, WI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Brown County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Brown County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in New Franken.
For example, the median home price in New Franken is $262,900, with tax bills ranging significantly across the county. Zip code 54229 has the highest median home price at $262,900.
Property Tax Assessment Values Across New Franken, Brown County, Wisconsin
Source: Ownwell
$154,800
$237,300
$319,800
Median New Franken Market Value
$262,900
Median Brown County Market Value
$232,300
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Franken, Brown County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54229 | $146,420 | $201,400 | $262,900 | $318,600 | $399,100 |
Source: Ownwell
Property Tax Bills Across New Franken, Brown County, Wisconsin
Median New Franken Tax Bill
$3,113
Median Brown County Tax Bill
$3,396
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across New Franken, Brown County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54229 | $1,718 | $2,407 | $3,113 | $4,016 | $4,978 |
Source: Ownwell