Glendale, Wisconsin Property Taxes
The median property tax rate in Glendale, WI is 2.21%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Glendale at $237,500, the typical annual property tax bill reaches $5,148, exceeding the national median of $2,690. Property taxes in Glendale are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Glendale's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Glendale or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Glendale, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.21%
Estimate Property Tax Bill
$5,249
Ownwell’s Glendale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glendale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glendale to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Glendale, Wisconsin
Property taxes in Glendale, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glendale is 2.21%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Glendale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glendale estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Glendale's effective property tax rate to other areas in Milwaukee County and the national median. For comparison, the 53217 zip code has the highest median property tax rate of 2.33%, while the 53209 zip code has the lowest median tax rate of 2.17%. Understanding how these areas compare with Glendale provides valuable insights into the varying tax landscape across Milwaukee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glendale Tax Rate
2.21%
Average Milwaukee County Tax Rate
2.38%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glendale, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53209 | 2.17% | 2.17% | 2.17% | 2.21% | 2.30% |
| 53217 | 2.24% | 2.30% | 2.33% | 2.33% | 2.33% |
Source: Ownwell
Property Tax Assessment Values Across Glendale, Wisconsin
In Glendale, Wisconsin, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Milwaukee County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Glendale, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Glendale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Glendale is $6,016 in zip code 53217, while the lowest is $5,003 in zip code 53209.
Average Glendale Assessed Value
$237,500
Average Milwaukee County Assessed Value
$184,600
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glendale, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53209 | $93,600 | $195,375 | $230,950 | $237,950 | $257,500 |
| 53217 | $90,040 | $197,950 | $257,900 | $257,900 | $257,900 |
Source: Ownwell
Property Tax Bills Across Glendale, Wisconsin
In Glendale, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The process begins with the local assessor determining the assessed value of each property, which is then multiplied by the tax rate set by local taxing authorities. Factors such as property size, location, and market conditions play a crucial role in determining the assessed value. For homeowners in Glendale, the median home price stands at $237,500. With tax bills ranging from $4,530 at the 25th percentile to $6,015 at the 75th percentile, the property tax rate in this area is significantly higher than the national median of 0.99%. The highest median tax bill in Glendale reaches $6,016 in the 53217 zip code, while the lowest is $5,003 in the 53209 zip code. These tax bills can impact homeowners' finances substantially, making it essential for property owners to understand their assessments and explore potential exemptions or appeals to manage their tax liabilities effectively.
Average Glendale Tax Bill
$5,148
Average Milwaukee County Tax Bill
$3,903
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Glendale, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53209 | $2,227 | $4,530 | $5,003 | $5,158 | $5,590 |
| 53217 | $2,084 | $4,612 | $6,016 | $6,016 | $6,016 |
Source: Ownwell