Dodgeville, Iowa County, Wisconsin Property Taxes
Median Dodgeville, WI effective property tax rate: 1.92%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%. Median Dodgeville, WI home value: $180,300. Median annual Dodgeville, WI tax bill: $3,478, $1,078 higher than the national median property tax bill of $2,400.
How are property taxes in Iowa County calculated? Property taxes in Dodgeville, 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 Dodgeville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dodgeville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dodgeville, Iowa County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.92%
Estimate Property Tax Bill
$3,462
$3,212
Property Tax Rates Across Dodgeville, Iowa 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. Below, you can compare Dodgeville’s effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S.
Dodgeville, located in Iowa County, boasts a median property tax rate of 1.92%, which is significantly higher than the national median of 1.02%. This rate is also the highest and lowest in the region, as it stands alone in its zip code. Despite the higher rate, the local government ensures that the revenue generated supports essential services and infrastructure, contributing to the community's well-being. When considering property investments or relocations, understanding these tax implications is crucial. By evaluating how Dodgeville’s rates compare to state and national figures, property owners can make informed decisions that align with their financial goals.
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 Dodgeville Tax Rate
1.92%
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 Iowa County Tax Rate
1.92%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dodgeville, Iowa County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53533 | 1.59% | 1.89% | 1.92% | 1.99% | 2.01% |
Source: Ownwell
Property Tax Assessment Values Across Dodgeville, Iowa County, Wisconsin
When examining property taxes in Dodgeville, 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 Iowa 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 Iowa 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 Dodgeville.
For example, the median home price in Dodgeville is $180,300, with tax bills ranging significantly across the county. Zip code 53533 has the highest median home price at $180,300.
Property Tax Assessment Values Across Dodgeville, Iowa County, Wisconsin
Source: Ownwell
$88,800
$139,800
$190,800
Median Dodgeville Market Value
$180,300
Median Iowa County Market Value
$148,000
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dodgeville, Iowa County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53533 | $23,650 | $124,775 | $180,300 | $224,475 | $316,350 |
Source: Ownwell
Property Tax Bills Across Dodgeville, Iowa County, Wisconsin
Median Dodgeville Tax Bill
$3,478
Median Iowa County Tax Bill
$3,284
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Dodgeville, Iowa County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53533 | $2,048 | $2,626 | $3,478 | $4,408 | $6,708 |
Source: Ownwell