Cambridge, Dane County, Wisconsin Property Taxes
Property Taxes in Cambridge, Wisconsin
Median Cambridge, Wisconsin effective property tax rate: 1.73%, significantly higher than the national median of 1.02%, and higher than the Wisconsin state median of 1.43%.
Median Cambridge, Wisconsin home value: $284,550
Median annual Cambridge, Wisconsin tax bill: $4,360, $1,960 higher than the national median property tax bill of $2,400.
How are property taxes in Dane County calculated?
Property taxes in Cambridge, Wisconsin 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 Cambridge's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cambridge, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Cambridge, Dane County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.73%
Estimate Property Tax Bill
$4,923
$4,568
How Does the Cambridge Property Tax Calculator Work?
Use this Cambridge property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Cambridge's median effective tax rate of 1.73% — based on actual property records in Dane County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Cambridge's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Cambridge's rate is higher than the Wisconsin median tax rate of 1.43% and the national median property tax rate of 1.02%, and the city's median property tax bill is $4,360, which is $1,960 higher than the state median bill.
Your bill may vary by ZIP code within Cambridge: rates range from $4,360 in 53523 to $4,360 in 53523, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Cambridge.
About Cambridge Property Taxes
About Property Taxes in Cambridge, Dane, Wisconsin
Cambridge’s median effective property tax rate of 1.73% is higher than the Wisconsin state median of 1.43% and higher than the national median of 1.02%. This rate reflects the Dane County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Cambridge. Homeowners in the 53523 ZIP code carry a median effective rate of 1.73%, while those in the same ZIP code also pay 1.73%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Dane County. Understanding which part of Cambridge you live in can make a meaningful difference to your annual tax bill.
Cambridge homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 4, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Cambridge, Dane County, Wisconsin
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Cambridge's effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S.
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 Cambridge Tax Rate
1.73%
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 Dane County Tax Rate
1.87%
Median Effective Wisconsin Tax Rate
1.43%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cambridge, Dane County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53523 | 1.05% | 1.30% | 1.73% | 1.76% | 1.83% |
Source: Ownwell
Property Tax Assessment Values Across Cambridge, Dane County, Wisconsin
When examining property taxes in Cambridge, Wisconsin, 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 Dane 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.
Assessment notices:
In Dane County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of {month when notices are sent}.
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 Cambridge.
For example, the median home price in Cambridge is $284,550, with tax bills ranging significantly across the county. {zip_code} has the highest median home price at $284,550.
Property Tax Assessment Values Across Cambridge, Dane County, Wisconsin
Source: Ownwell
$126,500
$418,550
$710,600
Median Cambridge Market Value
$284,550
Median Dane County Market Value
$367,257
Median Wisconsin Market Value
$237,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cambridge, Dane County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53523 | $165,570 | $221,425 | $284,550 | $410,000 | $502,560 |
Source: Ownwell
Property Tax Bills Across Cambridge, Dane County, Wisconsin
Cambridge property tax bills are calculated by applying local tax rates to a home’s assessed value, which is based on the market value of the property. The amount a homeowner owes depends on the assessed value, the tax rate set by local governments, and any exemptions that may apply. Because these factors can change from year to year, a tax bill can rise even if a homeowner has not made major changes to the property.
In Cambridge, the median home price is $284,550, and the median property tax bill is $4,360, which is above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Tax bills in the area also vary widely, with the 25th percentile at $3,430 and the 75th percentile at $6,242. For homeowners, this means property taxes can be a significant part of housing costs and may affect monthly budgeting and long-term affordability.
Median Cambridge Tax Bill
$4,360
Median Dane County Tax Bill
$8,224
Median Wisconsin Tax Bill
$3,453
Median United States Tax Bill
$2,400
Property Tax Bills Across Cambridge, Dane County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53523 | $2,434 | $3,430 | $4,360 | $6,242 | $8,188 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 4 |
Links | |
|---|---|
| Dane Tax Assessor | |
| Website | accessdane.danecounty.gov |