Kiel, Manitowoc County, Wisconsin Property Taxes
Median Kiel, WI effective property tax rate: 1.33%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Kiel, WI home value: $197,592
Median annual Kiel, WI tax bill: $2,680, $280 higher than the national median property tax bill of $2,400.
How are property taxes in Manitowoc calculated?
Property taxes in Kiel, 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 Kiel’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kiel, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kiel, Manitowoc County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.29%
Estimate Property Tax Bill
$2,869
$2,662
Property Tax Rates Across Kiel, Manitowoc County, Wisconsin
Local government entities set tax rates, and these can vary significantly within a state. Each county annually estimates its budget needs to provide essential services and divides this figure by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the annual process.
Kiel in Manitowoc County, Wisconsin, presents an interesting case for property tax comparisons. The effective property tax rate here is notably higher than the national median of 1.02%, reflecting the state's approach to funding local services. While Kiel's rate aligns with the county's highest and lowest median tax rates, it stands out against other cities in Wisconsin and the national landscape. This can impact homeowners differently, depending on property values and local economic conditions. Understanding these nuances is crucial for property owners looking to manage their tax liabilities effectively. Comparing Kiel’s rate with other cities in Wisconsin and the national figures provides valuable insight into the local tax landscape.
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 Kiel Tax Rate
1.29%
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 Manitowoc County Tax Rate
1.41%
Median Effective Wisconsin Tax Rate
1.43%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kiel, Manitowoc County, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53042 | 1.06% | 1.13% | 1.29% | 1.44% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Kiel, Manitowoc County, Wisconsin
When examining property taxes in Kiel, Wisconsin, 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 Manitowoc 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 Manitowoc 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 Kiel.
For example, the median home price in Kiel is $197,592, with tax bills ranging significantly across the county. Zip code 53042 has the highest median home price at $197,592.
Property Tax Assessment Values Across Kiel, Manitowoc County, Wisconsin
Source: Ownwell
$131,100
$235,838
$340,576
Median Kiel Market Value
$222,402
Median Manitowoc County Market Value
$168,126
Median Wisconsin Market Value
$237,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kiel, Manitowoc County, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53042 | $116,652 | $163,114 | $222,402 | $318,781 | $430,020 |
Source: Ownwell
Property Tax Bills Across Kiel, Manitowoc County, Wisconsin
Median Kiel Tax Bill
$2,951
Median Manitowoc County Tax Bill
$2,281
Median Wisconsin Tax Bill
$3,453
Median United States Tax Bill
$2,400
Property Tax Bills Across Kiel, Manitowoc County, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53042 | $1,432 | $2,202 | $2,951 | $4,140 | $5,443 |
Source: Ownwell