Randolph, Columbia County, Wisconsin Property Taxes

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Randolph’s effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S.

Randolph, located in Columbia County, is an interesting case when examining property tax rates. With a median tax rate of 1.93%, it stands significantly above the national median of 1.02%. This figure is consistent with the highest and lowest rates within the same zip code, indicating a uniformity in property tax assessments across the region. Residents in Randolph face a property tax bill that reflects this higher rate, compared to the national median property tax bill of $2400. This comparison highlights the variability in property tax obligations depending on local government decisions and regional economic conditions.

In Randolph, WI, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The tax rate is applied to this assessed value, resulting in the annual tax bill. Various factors influence the assessed value, including the property's market value, location, and any improvements made. In Randolph, homeowners face a median tax bill that can range significantly, with the 25th percentile at $2,158 and the 75th percentile at $2,706. These figures are notably above the national median property tax bill of $2,400, indicating a higher burden on local homeowners. This can affect homeowners by increasing their annual expenses, potentially impacting their financial planning and savings.

Ownwell assists homeowners by providing professional property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps clients potentially reduce their assessed values and, consequently, their tax bills. This service can lead to significant savings, easing the financial burden and ensuring homeowners are not overpaying on their property taxes.