Wisconsin (WI) Property Tax Info

Wisconsin Property Tax Rate

Wisconsin Property Tax, the Badger State has some of the highest property taxes in the country. The state’s average effective property tax rate is 1.68%, good for eighth-highest in the U.S.

Wisconsin has some of the highest property taxes in the country. The state’s average effective property tax rate is 1.68%, the eighth-highest average of any state in the U.S.

How Wisconsin’s Property Tax Works?

Property taxes in Wisconsin can be paid on two different installment schedules. The first requires all taxes to be paid by Jan. 31, while the second allows for more flexibility, with two equal payments due by Jan. 31 and July 31, respectively. Taxes are based on two key numbers: the assessed value of a property, and the total property tax rate.

There are several types of tax credits that many homeowners in Wisconsin receive. The most common is the School Levy Tax Credit. This credit is given to anyone who pays property taxes and is based on their school district levy, as well as the value of their home. Another common credit is the Lottery and Gaming Credit, which is given to Wisconsin homeowners living in a primary residence.

Wisconsin Property Tax Rates

The rates paid by homeowners in Wisconsin vary depending on where they live. Cities, towns, municipalities and school districts all levy separate taxes with their own rates. Rates are calculated based on the total levy (the revenue a tax district would like to generate) divided by the total assessed value in the district.