Hillsboro, Richland County, Wisconsin Property Taxes

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

Median Hillsboro, WI effective property tax rate: 1.54%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Hillsboro, WI home value: $125,800
Median annual Hillsboro, WI tax bill: $1,761, $639 lower than the national median property tax bill of $2,400.

How are property taxes in Richland calculated?

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

Last Updated March 1, 2025

Hillsboro, Richland County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.54%

Estimate Property Tax Bill

$1,937

$1,798

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

Property Tax Rates Across Hillsboro, Richland 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. In Hillsboro, located in county 55103 in Wisconsin, property tax rates are a reflection of this process. The county's effective property tax rate is notably higher than the national median rate of 1.02%, showing how local needs and budgets can influence tax rates. Wisconsin's median property tax rate of 1.54% further highlights the state's higher-than-average rates compared to the national median. This means that property owners in Hillsboro may find themselves paying more in property taxes compared to other parts of the country. Understanding these local tax dynamics can be crucial for property owners when planning their finances and considering potential tax appeal opportunities.

Property Tax Rates Across Hillsboro, Richland County, Wisconsin

Source: Ownwell

1.45%

1.73%

2.02%

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 Hillsboro Tax Rate

1.54%

Median Effective Richland County Tax Rate

1.66%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hillsboro, Richland County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54634	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Hillsboro, Richland County, Wisconsin

When examining property taxes in Hillsboro, 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 Richland 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 Richland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Hillsboro.

For example, the median home price in Hillsboro is $125,800, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Hillsboro, Richland County, Wisconsin

Source: Ownwell

$80,550

$97,700

$114,850

Median Hillsboro Market Value

$125,800

Median Richland County Market Value

$97,250

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hillsboro, Richland County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54634	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Hillsboro, Richland County, Wisconsin

In Hillsboro, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this area is $125,800. Property taxes are a significant consideration for homeowners, with the median tax bill in Richland County being notably higher than the national median of $2,400. Factors influencing the tax bill include the property's assessed value and the local tax rate. For instance, homeowners in Hillsboro may find themselves paying a tax bill that falls between the 25th percentile of $1,419 and the 75th percentile of $3,061, with some reaching up to the 90th percentile of $4,521. These figures highlight the variability in tax bills and the potential financial burden on homeowners. Ownwell offers a solution by providing property tax appeal and exemption services, which can help reduce these bills. By leveraging Ownwell’s expertise, homeowners can ensure they are not overpaying, potentially saving a substantial amount on their annual property tax obligations.

Property Tax Bills Across Hillsboro, Richland County, Wisconsin

Source: Ownwell

$1,292

$1,539

$1,785

Median Hillsboro Tax Bill

$1,761

Median Richland County Tax Bill

$1,704

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Hillsboro, Richland County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54634	N/A	N/A	N/A	N/A	N/A

Source: Ownwell