Wisconsin has some of the highest property taxes in the country, with an effective rate near 1.61 percent of home value. This estimator applies your county mill rate to your home value and subtracts the credits most homeowners receive to approximate your annual bill.
How it works
Property tax is the mill rate times your assessed value, divided by 1,000:
gross tax = (assessed value ÷ 1000) × mill rate
net tax = gross tax − lottery & gaming credit − first dollar credit
A mill rate of 16 means 16 dollars of tax per 1,000 dollars of value. Wisconsin’s statewide effective rate of about 1.61 percent corresponds to a roughly 16.1 mill rate, but individual municipalities range widely depending on school and local levies. Two credits reduce the net bill: the Lottery & Gaming Credit (primary residences) and the First Dollar Credit (improved parcels).
Example
A 250,000 dollar home at a 16 mill rate has a gross tax of (250,000 ÷ 1000) × 16 = 4,000 dollars. Subtracting a 200 dollar lottery credit and a 70 dollar first-dollar credit leaves a net bill of about 3,730 dollars.
Notes
This is an estimate. Actual Wisconsin bills aggregate school district, county, municipal, and technical-college levies, and mill rates differ by parcel and year. The state equalization process adjusts assessments toward market value. Special assessments and lake-district or sanitary-district charges are not modeled. Confirm your numbers with your municipal treasurer and the Wisconsin Department of Revenue at revenue.wi.gov.