Caledonia, Racine County, Wisconsin Property Taxes

Name: Property Tax Bills Across Caledonia, Racine County, Wisconsin
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Caledonia, WI effective property tax rate: 1.57%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Caledonia, WI home value: $263,221
Median annual Caledonia, WI tax bill: $3,728, $1,328 higher than the national median property tax bill of $2,400.

How are property taxes in Racine calculated?

Property taxes in Caledonia, 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 Caledonia’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Caledonia, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Caledonia, Racine County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.57%

Estimate Property Tax Bill

$4,133

$3,835

Ownwell’s Caledonia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Caledonia with just two data points. By entering your property's estimated assessed value, our calculator applies Caledonia’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 Racine County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Caledonia, Racine County, Wisconsin

Local government entities set tax rates, which can vary widely within a state. This is 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 Caledonia’s effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S. Caledonia, located in Racine County, has a property tax rate that is slightly above the national median. The median property tax rate in Wisconsin is 1.57%, which is higher than the national median of 1.02%. Within Racine County, the highest property tax rate is found in the 53406 zip code at 1.59%, while the lowest is in the 53108 zip code at 1.56%. This variation highlights the importance of understanding local tax rates and their impact on property owners.

Property Tax Rates Across Caledonia, Racine County, Wisconsin

Source: Ownwell

0.83%

1.53%

2.22%

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 Caledonia Tax Rate

1.57%

Median Effective Racine County Tax Rate

1.64%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Caledonia, Racine County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
53108	1.12%	1.21%	1.56%	1.58%	1.68%
53402	0.79%	1.58%	1.59%	1.67%	1.88%
53404	1.56%	1.58%	1.59%	1.68%	2.06%
53406	1.57%	1.59%	1.59%	1.65%	1.67%
53405	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Caledonia, Racine County, Wisconsin

When examining property taxes in Caledonia, 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 Racine 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 Racine 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 Caledonia. For example, the median home price in Caledonia is $263,221, with tax bills ranging significantly across the county. Zip code 53406 has the highest median home price at $314,156.

Property Tax Assessment Values Across Caledonia, Racine County, Wisconsin

Source: Ownwell

$81,109

$214,390

$347,670

Median Caledonia Market Value

$263,221

Median Racine County Market Value

$210,852

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Caledonia, Racine County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
53108	$150,692	$184,916	$262,286	$349,136	$505,922
53402	$185,215	$217,428	$267,235	$331,378	$429,123
53404	$122,587	$203,704	$236,656	$257,695	$298,675
53406	$240,522	$262,514	$314,156	$374,286	$380,930
53405	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Caledonia, Racine County, Wisconsin

In Caledonia, Racine County, WI, property tax bills are calculated based on the assessed value of a home, which is derived from the market value. The local tax rate, applied to this assessed value, determines the total tax bill. With a median home price of $263,221, homeowners in Caledonia face a median property tax bill higher than the national average of $2,400. The tax bill can range significantly, from the 25th percentile at $2,589 to the 90th percentile reaching $6,684. Factors such as property location, market trends, and local government budgets influence these tax bills. This financial burden can be substantial for homeowners, impacting their overall cost of living. Ownwell assists homeowners by offering property tax appeal and exemption services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure homeowners pay only their fair share, providing significant savings and peace of mind.

Property Tax Bills Across Caledonia, Racine County, Wisconsin

Source: Ownwell

$1,409

$3,421

$5,432

Median Caledonia Tax Bill

$3,728

Median Racine County Tax Bill

$3,592

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Caledonia, Racine County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
53108	$2,206	$2,546	$3,630	$4,799	$6,705
53402	$2,729	$3,474	$4,263	$5,263	$6,602
53404	$2,056	$3,045	$3,530	$4,318	$5,175
53406	$3,922	$4,149	$5,432	$5,951	$6,199
53405	N/A	N/A	N/A	N/A	N/A

Source: Ownwell