Independence, Trempealeau County, Wisconsin Property Taxes

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

Median Independence, WI effective property tax rate: 1.94%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Independence, WI home value: $138,950
Median annual Independence, WI tax bill: $2,494, $94 higher than the national median property tax bill of $2,400.

How are property taxes in Trempealeau calculated?

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

Last Updated March 1, 2025

Independence, Trempealeau County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.94%

Estimate Property Tax Bill

$2,696

$2,501

Ownwell’s Independence Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Independence with just two data points.

By entering your property's estimated assessed value, our calculator applies Independence’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 Trempealeau County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Independence, Trempealeau 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 votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Independence, located in Trempealeau County, Wisconsin, property tax rates are notably higher than the national median. The median property tax rate in Wisconsin stands at 1.94%, which is significantly above the national median of 1.02%. This higher rate reflects the county's budgetary needs and the total assessed value of properties within its borders. Independence shares this rate with other areas in the state, indicating a uniform approach in Trempealeau County.

For property owners in Independence, understanding these rates is crucial for financial planning. By comparing Independence's effective property tax rate to other cities in Wisconsin and the U.S., residents can better appreciate the local government's fiscal strategies and how they align with national trends.

Property Tax Rates Across Independence, Trempealeau County, Wisconsin

Source: Ownwell

1.48%

1.71%

1.94%

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 Independence Tax Rate

1.94%

Median Effective Trempealeau County Tax Rate

1.65%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Independence, Trempealeau County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
54747	1.48%	1.60%	1.94%	2.06%	2.13%

Source: Ownwell

Property Tax Assessment Values Across Independence, Trempealeau County, Wisconsin

When examining property taxes in Independence, 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 Trempealeau 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. Assessment notices: In Trempealeau 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 Independence. For example, the median home price in Independence is $138,950, with tax bills ranging significantly across the county. 54747 has the highest median home price at $138,950.

Property Tax Assessment Values Across Independence, Trempealeau County, Wisconsin

Source: Ownwell

$118,200

$183,350

$248,500

Median Independence Market Value

$138,950

Median Trempealeau County Market Value

$169,050

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Independence, Trempealeau County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
54747	$64,510	$98,375	$138,950	$182,800	$239,770

Source: Ownwell

Property Tax Bills Across Independence, Trempealeau County, Wisconsin

In Independence, located in Trempealeau County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. Factors such as changes in the housing market and local government budgets can influence both the assessed value and tax rate, impacting the final tax bill for homeowners. In Independence, the median home price is $138,950, with property tax bills ranging from $1,796 at the 25th percentile to $4,468 at the 90th percentile. Comparatively, the national median property tax bill is $2,400, indicating that some homeowners in Independence may pay significantly more or less than the national average. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially reducing their tax burden. By assessing the accuracy of property assessments and identifying possible exemptions, Ownwell helps ensure homeowners are not overpaying on their property taxes.

Property Tax Bills Across Independence, Trempealeau County, Wisconsin

Source: Ownwell

$1,747

$3,016

$4,284

Median Independence Tax Bill

$2,494

Median Trempealeau County Tax Bill

$2,894

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Independence, Trempealeau County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
54747	$1,117	$1,796	$2,494	$3,493	$4,468

Source: Ownwell