Downing, Dunn County, Wisconsin Property Taxes
Median Downing, WI effective property tax rate: 1.38%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Downing, WI home value: $152,400
Median annual Downing, WI tax bill: $2,214, $186 lower than the national median property tax bill of $2,400.
How are property taxes in Dunn calculated?
Property taxes in Downing, 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 Downing’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Downing, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Downing, Dunn County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.38%
Estimate Property Tax Bill
$2,103
$1,952
Property Tax Rates Across Downing, Dunn County, Wisconsin
Local government entities set tax rates, which can vary widely within a state. 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.
In Downing in Dunn County, Wisconsin, the effective property tax rate is 1.38%, which is higher than the national median of 1.02%. This places Downing among the cities with the highest median property tax rates in the state. The property tax rate here is consistent with the highest and lowest rates within the county, both at 1.38%. This rate is indicative of the local government's budgetary needs and the value of taxable property in the area. Comparing this to the national median property tax bill of $2400, residents in Downing may experience a higher financial burden. Understanding these rates can help property owners make informed decisions about their investments and potential savings through property tax appeals and 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 Downing Tax Rate
1.38%
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 Dunn County Tax Rate
1.31%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Downing, Dunn County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54734 | 1.12% | 1.26% | 1.38% | 1.54% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Downing, Dunn County, Wisconsin
When examining property taxes in Downing, 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 Dunn County Assessor's Office 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 Dunn County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Downing.
For example, the median home price in Downing is $152,400, with tax bills ranging significantly across the county. 54734 has the highest median home price at $152,400.
Property Tax Assessment Values Across Downing, Dunn County, Wisconsin
Source: Ownwell
$101,000
$187,825
$274,650
Median Downing Market Value
$152,400
Median Dunn County Market Value
$211,100
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Downing, Dunn County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54734 | $72,240 | $106,150 | $152,400 | $213,300 | $270,680 |
Source: Ownwell
Property Tax Bills Across Downing, Dunn County, Wisconsin
In Downing, Dunn County, WI, property tax bills are calculated based on the assessed value of a home and the local property tax rate. Homeowners in this area experience a median tax bill of $2,214, which is below the national median of $2,400. The assessed value is determined by local assessors who evaluate the property's market value. Several factors influence this assessment, including the property's location, size, and condition. Homeowners in Downing can see tax bills ranging from $1,331 at the 25th percentile to $4,106 at the 90th percentile, illustrating the variability based on property value and specific circumstances.
Ownwell can assist homeowners in Downing by identifying potential savings on their property tax bills. Our experts analyze your property's assessment to ensure it aligns with current market conditions. If discrepancies are found, we guide you through the appeal process, potentially reducing your tax liability. With Ownwell's support, you can ensure you're not overpaying on your property taxes, keeping more money in your pocket.
Median Downing Tax Bill
$2,214
Median Dunn County Tax Bill
$2,914
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Downing, Dunn County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54734 | $867 | $1,331 | $2,214 | $3,237 | $4,106 |
Source: Ownwell
