New Glarus, Green County, Wisconsin Property Taxes
Median New Glarus, WI effective property tax rate: 2.24%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median New Glarus, WI home value: $282,454
Median annual New Glarus, WI tax bill: $5,819, $3,419 higher than the national median property tax bill of $2,400.
How are property taxes in Green County calculated?
Property taxes in New Glarus, 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 Glarus’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Glarus, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Glarus, Green County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.24%
Estimate Property Tax Bill
$6,327
$5,871
Property Tax Rates Across New Glarus, Green County, Wisconsin
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 New Glarus’s effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S.
In New Glarus, located in Green County, the median property tax rate stands at 2.24%. This is significantly higher than the national median property tax rate of 1.02%. Homeowners in New Glarus may find themselves paying more in property taxes compared to other parts of the country. The property tax rate in New Glarus is also among the highest in the state, matching the highest median tax rate in Wisconsin. This could impact the overall affordability of owning a home in the area, making property tax appeals an important consideration for residents looking to manage their expenses.
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 Glarus Tax Rate
2.24%
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 Green County Tax Rate
1.78%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Glarus, Green County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53574 | 1.36% | 1.40% | 2.24% | 2.33% | 2.38% |
Source: Ownwell
Property Tax Assessment Values Across New Glarus, Green County, Wisconsin
When examining property taxes in New Glarus, 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 Green 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 Green 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 New Glarus. For example, the median home price in New Glarus is $282,454, with tax bills ranging significantly across the county. 53574 has the highest median home price at $282,454.
Property Tax Assessment Values Across New Glarus, Green County, Wisconsin
Source: Ownwell
$129,380
$337,456
$545,532
Median New Glarus Market Value
$282,454
Median Green County Market Value
$193,272
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Glarus, Green County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53574 | $164,580 | $201,360 | $282,454 | $513,385 | $720,174 |
Source: Ownwell
Property Tax Bills Across New Glarus, Green County, Wisconsin
Median New Glarus Tax Bill
$5,819
Median Green County Tax Bill
$3,636
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across New Glarus, Green County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53574 | $3,653 | $4,542 | $5,819 | $7,944 | $10,045 |
Source: Ownwell