Example of Waupaca County Property Tax Calculation
Waupaca County calculates property taxes based on the value of the property. For example, if a property is valued at $100,000, the county might have a tax rate of 1%, which means the property owner would owe $1,000 in property taxes.
To calculate the property tax, the county assesses the value of the property based on its market value, and then applies the tax rate to that value. The tax rate is determined by the county's budget and the amount of revenue needed to fund government services and programs.
The property owner would receive a tax bill each year, which would include the amount of the property tax due. It's important to note that property taxes can vary from year to year based on changes in the property's value and the county's tax rate.
Overall, understanding how property taxes are calculated can help property owners plan and budget for their annual tax payments.
If you want appeal your property tax assessment - contact your local tax assessor.
Waupaca County Property Tax Rates
Waupaca County Property Tax Rates
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $2.89 |
| City/Town/Village | Varies (see local government website) |
| School District | Varies (see school district website) |
Note: The rates listed above are subject to change and may vary based on individual property assessments. For more information on property taxes in Waupaca County, consult with a local tax advisor.
Who sets property tax rates in Waupaca County ?
Property Tax Rates in Waupaca County
In Waupaca County, Wisconsin, property tax rates are set by the following entities at different times of the year:
| Entity | Time of Rate Setting |
|---|---|
| County | November |
| Municipalities | December-January |
| School Districts | October-November |
The county sets its rate in November, while the municipalities and school districts set their rates in December-January and October-November respectively. These rates are determined based on the value of the property and the tax levy necessary to fund local government services.
As a tax advisor, it is important to be aware of these deadlines and rates in order to provide accurate advice to clients on their property tax obligations.
Homestead exemptions in Waupaca County ?
To help homeowners in Waupaca County, Wisconsin better understand their Homestead exemptions and deductions, the following table outlines county-specific information:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Occupied primary residence | $25,000 | Applies to all real property taxes |
| Elderly and Disabled Exemption | Age 65 or older or disabled | $20,000 | Applies to all real property taxes |
| Veterans Exemption | Honorably discharged veteran | $1,000 | Applies to all real property taxes |
| Surviving Spouse Exemption | Surviving spouse of veteran or emergency personnel | $300,000 | Applies to property taxes on home of deceased veteran or emergency personnel |
| Agricultural Land Exemption | Agricultural land and buildings | 50% of assessed value | Applies to property taxes on agricultural land and buildings |
It's important to note that applications for these exemptions must be filed with the Waupaca County Treasurer's Office by January 31st of each year. Additionally, eligibility requirements and exemption amounts are subject to change, so homeowners should check with the Treasurer's Office or their local tax assessor for the most up-to-date information.
When is Waupaca County Property Tax due ?
Waupaca County Property Tax Due Date and Payment Methods
If you own a property in Waupaca County, Wisconsin, you are required to pay property taxes every year. The due date for property tax in Waupaca County is typically January 31st of each year. If you fail to pay your property tax by this deadline, you may be charged a penalty fee.
Fortunately, there are several ways to make your property tax payment. The following are some of the most common payment methods for Waupaca County property tax:
| Payment Method | Details |
|---|---|
| Online Payment | You can pay your property tax online through the Waupaca County's website. You can use your credit card or electronic check to make your payment. |
| Mail-In Payment | You can also mail your payment to the Waupaca County Treasurer's Office. You should make your check payable to "Waupaca County Treasurer". |
| In-Person Payment | You can pay your property tax in person at the Waupaca County Treasurer's Office. The office is located at 811 Harding St, Waupaca, WI 54981. |
It's important to note that if you choose to pay your property tax online or by mail, you should make your payment at least a few days before the due date to ensure it is received on time. If you have any questions about your property tax payment, you can contact the Waupaca County Treasurer's Office at (715) 258-6200.
If you have more questions - contact your local tax collector.
How is Waupaca County Property Tax penalty calculated ?
Waupaca County calculates property tax penalties based on the amount and length of time the taxes are delinquent. The penalty is calculated at a rate of 1.5% per month or 18% per year of the unpaid tax amount.
Here is an example of how the penalty is calculated:
| Delinquent Taxes | Time Period | Penalty |
|---|---|---|
| $1,000 | 1 month | $15 |
| $1,000 | 6 months | $90 |
| $1,000 | 12 months | $180 |
As shown in the table, for every $1,000 in delinquent property taxes, the penalty would be $15 for one month, $90 for six months, and $180 for twelve months. It is important to note that the penalty continues to accrue until the taxes are paid in full.
To avoid penalties, property owners in Waupaca County should ensure that their property taxes are paid on time. If there are extenuating circumstances that prevent the timely payment of taxes, property owners should contact the county treasurer's office to discuss payment options and potential penalty waivers.
We recommend contacting the Waupaca County Tax Office or a local tax professional for the most up-to-date and accurate information.