Lodi, Dane County, Wisconsin Property Taxes
Median Lodi, WI effective property tax rate: 1.49%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Lodi, WI home value: $324,750
Median annual Lodi, WI tax bill: $4,700, $2,300 higher than the national median property tax bill of $2,400.
How are property taxes in Dane County calculated?
Property taxes in Lodi, 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 Lodi’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lodi, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lodi, Dane County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.49%
Estimate Property Tax Bill
$4,839
$4,490
Property Tax Rates Across Lodi, Dane County, Wisconsin
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 Lodi Tax Rate
1.49%
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
2.02%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lodi, Dane County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53555 | 1.31% | 1.45% | 1.49% | 1.53% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across Lodi, Dane County, Wisconsin
When examining property taxes in Lodi, 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 Dane County Assessor 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 Dane County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Lodi. For example, the median home price in Lodi is $324,750, with tax bills ranging significantly across the county. Zip code 53555 has the highest median home price at $324,750.
Property Tax Assessment Values Across Lodi, Dane County, Wisconsin
Source: Ownwell
$103,700
$373,450
$643,200
Median Lodi Market Value
$324,750
Median Dane County Market Value
$304,700
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lodi, Dane County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53555 | $224,010 | $274,100 | $324,750 | $408,775 | $521,460 |
Source: Ownwell
Property Tax Bills Across Lodi, Dane County, Wisconsin
In Lodi, Dane County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in this area is $324,750. Homeowners can expect their tax bills to vary, with the 25th percentile at $3,925 and the 75th percentile reaching $5,987. The highest median tax bill in the area is $4,700, which is significantly higher than the national median property tax bill of $2,400. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions. These taxes fund essential services like schools, infrastructure, and public safety, directly impacting the community's quality of life.
Ownwell can assist homeowners in Lodi by providing expert property tax appeal and exemption services. By analyzing your property assessment and identifying potential discrepancies or overlooked exemptions, Ownwell can help reduce your tax burden and ensure you're not overpaying. This personalized approach not only saves money but also brings peace of mind to homeowners.
Median Lodi Tax Bill
$4,700
Median Dane County Tax Bill
$7,324
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Lodi, Dane County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53555 | $3,163 | $3,925 | $4,700 | $5,987 | $7,921 |
Source: Ownwell
