Property Tax & Income in Dane County, Wisconsin
Dane County has an effective property tax rate of 1.63%. On the median home value of $394,800, that's roughly $6,420 per year. Median household income is $89,975.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Dane County | Wisconsin (state context) |
|---|---|---|
| Effective property tax rate1 | 1.63% | 1.36% |
| Median home value1 | $394,800 | — |
| State income tax3 | top rate 7.65% | top rate 7.65% |
| State sales tax3 | 5.72% combined | 5.72% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Dane County, WI
In Dane County, Wisconsin, the median home value is $394,800, and the annual real-estate tax bill on that median home comes to $6,420. The effective property tax rate is 1.626%, higher than Wisconsin's statewide median of 1.362% and well above the national median of 0.794%. Among the state's 72 counties, Dane County ranks 5th for property tax rate. With a median household income of $89,975 and per-capita income of $53,181, buyers in Madison and the surrounding communities of Belleville and Black Earth should weigh these taxes against local earnings. The tax bill equals roughly 7% of median household income, so a purchaser here can expect higher carrying costs than in much of the country.