Montello, Green Lake County, Wisconsin Property Taxes
Median Montello, WI effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Montello, WI home value: $166,865
Median annual Montello, WI tax bill: $2043, $357 lower than the national median property tax bill of $2,400.
How are property taxes in Green Lake calculated?
Property taxes in Montello, 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 Montello’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Montello, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Montello, Green Lake County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.38%
Estimate Property Tax Bill
$1,759
$1,633
Property Tax Rates Across Montello, Green Lake County, Wisconsin
Local government entities set tax rates, which can vary widely within a state. This is because each county annually 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. Although votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Montello, located in Green Lake County, Wisconsin, the effective property tax rate reflects this process. Montello's property tax rate is comparable to other cities in Wisconsin, with the state's median rate at 1.26%. This is higher than the national median property tax rate of 1.02%. Property owners in Montello might find their tax bills slightly above the national median property tax bill of $2400. Understanding how these rates are determined and comparing them to state and national medians can help property owners make informed decisions about their investments.
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 Montello 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 Green Lake County Tax Rate
1.67%
Median Effective Wisconsin Tax Rate
1.43%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Montello, Green Lake County, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53949 | 1.05% | 1.32% | 1.38% | 1.44% | 2.04% |
Source: Ownwell
Property Tax Assessment Values Across Montello, Green Lake County, Wisconsin
When examining property taxes in Montello, 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 Lake 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 Green Lake 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 Montello.
For example, the median home price in Montello is $166,865, with tax bills ranging significantly across the county. Zip code 53949 has the highest median home price at $166,865.
Property Tax Assessment Values Across Montello, Green Lake County, Wisconsin
Source: Ownwell
$84,536
$172,906
$261,276
Median Montello Market Value
$127,480
Median Green Lake County Market Value
$143,139
Median Wisconsin Market Value
$237,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Montello, Green Lake County, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53949 | $41,417 | $71,316 | $127,480 | $194,651 | $293,507 |
Source: Ownwell
Property Tax Bills Across Montello, Green Lake County, Wisconsin
Median Montello Tax Bill
$1,855
Median Green Lake County Tax Bill
$2,355
Median Wisconsin Tax Bill
$3,453
Median United States Tax Bill
$2,400
Property Tax Bills Across Montello, Green Lake County, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53949 | $729 | $1,389 | $1,855 | $2,420 | $4,182 |
Source: Ownwell