Kewaunee Co. in top 10 in Wisconsin for most value for taxes, per capita net worth
Kewaunee County once again finds itself among the top 10 in the state for getting the most value for its residents for their property taxes and joins the list for highest per capita net worth, according to New York-based financial technology and advice company SmartAsset.
The county was rated eighth out of Wisconsin's 72 counties for best "bang for the buck" from its property taxes in SmartAsset's fifth annual rankings, announced in a press release last week. The 2018 rankings placed Kewaunee County ninth in the state. Neighboring Door County was eighth last year and fifth this year.
The property tax rankings measured each county's school rankings, using math and reading/language proficiency scores to assign the county a score between 0 (lowest) and 10, and violent and property crimes per 100,000 residents. SmartAsset used those numbers to calculate a community score and compared that to the per capita property tax paid to determine the final rankings.
Kewaunee County schools received a score of 10, compared to the average of 6 for all 72 counties, and had 1,722 crimes per 100,000 people, with the state average at 2,712. Its community tax rates averaged 1.72 percent compared to the statewide average of 1.94.
Buffalo County in western Wisconsin topped the list, and second-ranked Calumet was the only other county in Northeast Wisconsin in the top 10.
The county also was ranked ninth for highest per capita net worth. SmartAsset calculated the ratios of net worth to per capita income and net worth to per capita debt, then used those ratios to calculate an index for its rankings.
The numbers from SmartAsset showed Kewaunee County per capita had an income of $27,539, a net worth of $43,619 and debt at $24,945.
Vilas County in northern Wisconsin was ranked No. 1 in this category, with Calumet in tenth.
For more on the studies, including interactive maps and an explanation of the methodology, visit smartasset.com.
This article originally appeared on Green Bay Press-Gazette: Kewaunee Co. in top 10 in Wisconsin for most value for taxes, per capita net worth