Cuba City, Lafayette County, Wisconsin Property Taxes
Median Cuba City, WI effective property tax rate: 1.81%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Cuba City, WI home value: $15,856
Median annual Cuba City, WI tax bill: $330, $2,070 lower than the national median property tax bill of $2,400.
How are property taxes in Lafayette calculated?
Property taxes in Cuba City, 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 Cuba City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cuba City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cuba City, Lafayette County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.81%
Estimate Property Tax Bill
$287
$266
Ownwell’s Cuba City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cuba City with just two data points.
By entering your property's estimated assessed value, our calculator applies Cuba City’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lafayette County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Cuba City, Lafayette County, Wisconsin
Local government entities in Wisconsin set tax rates, which can vary widely within the state. Each year, Lafayette County estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
Cuba City in Lafayette County experiences an effective property tax rate of 1.81%, which is the highest and lowest within the ZIP code 53807. This rate is significantly higher than the national median property tax rate of 1.02%. When comparing property tax bills, homeowners in Cuba City likely pay more than the national median property tax bill of $2,400.
Understanding how these rates are determined and how they compare to other regions can help property owners make informed decisions. Whether you're considering a property tax appeal or exploring exemption opportunities, knowing where Cuba City stands in relation to state and national averages is crucial for effective property tax management.
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 Cuba City Tax Rate
1.81%
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 Lafayette County Tax Rate
1.84%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cuba City, Lafayette County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53807 | 1.58% | 1.61% | 1.81% | 2.17% | 2.25% |
Source: Ownwell
Property Tax Assessment Values Across Cuba City, Lafayette County, Wisconsin
When examining property taxes in Cuba City, 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 Lafayette 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 Lafayette County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Cuba City. For example, the median home price in Cuba City is $15,856, with tax bills ranging significantly across the county. Zip code 53807 has the highest median home price at $15,856.
Property Tax Assessment Values Across Cuba City, Lafayette County, Wisconsin
Source: Ownwell
$8,848
$18,545
$28,242
Median Cuba City Market Value
$15,856
Median Lafayette County Market Value
$15,150
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cuba City, Lafayette County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53807 | $2,968 | $5,432 | $15,856 | $34,076 | $67,309 |
Source: Ownwell
Property Tax Bills Across Cuba City, Lafayette County, Wisconsin
In Cuba City, located in Lafayette County, WI, property tax bills are calculated based on the assessed value of a home. The median home price here is $15,856, which is significantly lower than the national median. Property tax bills in the area vary, with the 25th percentile at $96 and the 75th percentile at $667. The top 10% of tax bills reach up to $1,335. This range indicates that while some homeowners pay modest amounts, others may face higher bills depending on their property's assessed value and local tax rates. The median tax bill stands at $330, which is notably less than the national median of $2,400, reflecting the lower property values in the area.
For homeowners in Cuba City looking to reduce their property tax bills, Ownwell offers expert assistance in appealing property tax assessments and securing exemptions. By leveraging local expertise and understanding of property tax laws, Ownwell helps homeowners ensure they are not overpaying, potentially saving them a significant amount on their annual property taxes.
Median Cuba City Tax Bill
$330
Median Lafayette County Tax Bill
$291
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Cuba City, Lafayette County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53807 | $63 | $96 | $330 | $667 | $1,335 |
Source: Ownwell