Brown Deer, Wisconsin Property Taxes
The median property tax rate in Brown Deer, WI is 2.13%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Brown Deer, the typical annual property tax bill reaches $522, which is significantly lower than the national median of $2,690. Property taxes in Brown Deer 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 Brown Deer'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 Brown Deer 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
Brown Deer, Wisconsin Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$3,160
Ownwell’s Brown Deer Property Tax Bill Calculator offers homeowners, real estate investors, and prospective buyers a straightforward way to estimate their annual property taxes in Brown Deer. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Brown Deer to provide an estimate of your property tax bill. This valuable tool aids in understanding potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by Milwaukee County for property tax purposes, including any applicable exemptions.
Property Tax Rates Across Brown Deer, Wisconsin
Property taxes in Brown Deer, Wisconsin, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Brown Deer is 2.13%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Brown Deer set these rates annually, and they can vary considerably across different neighborhoods. Each year, Brown Deer 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 Brown Deer's effective property tax rate to other areas in Milwaukee County and the national median. For comparison, the 53209 zip code has the highest median property tax rate of 2.13%, while the 53223 zip code has the lowest median tax rate of 2.10%. Understanding how these areas compare with Brown Deer 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 Brown Deer Tax Rate
2.13%
Average Milwaukee County Tax Rate
2.38%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brown Deer, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53209 | 2.13% | 2.13% | 2.13% | 2.13% | 2.13% |
| 53223 | 2.02% | 2.07% | 2.10% | 2.13% | 2.13% |
Source: Ownwell
Property Tax Assessment Values Across Brown Deer, Wisconsin
In Brown Deer, 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 Assessor 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 Brown Deer, 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. For instance, the highest median tax bill in the area is $809 in the 53209 zip code, while the lowest is $152 in the 53223 zip code. 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 Brown Deer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Brown Deer Assessed Value
$26,250
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 Brown Deer, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53209 | $37,900 | $37,900 | $37,900 | $37,900 | $37,900 |
| 53223 | $1,100 | $1,100 | $8,900 | $50,875 | $63,390 |
Source: Ownwell
Property Tax Bills Across Brown Deer, Wisconsin
In Brown Deer, Milwaukee County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor's office and reflects the market value of the property. Homeowners in Brown Deer can expect property tax bills that vary significantly, with the 25th percentile at $23 and the 75th percentile at $1,045. The 90th percentile tax bill reaches up to $1,318, indicating a wide range of property values and tax burdens within the community. Comparatively, Milwaukee County's highest median tax bill is $809 in the 53209 zip code, while the lowest median tax bill is $152 in the 53223 zip code. These figures show that Brown Deer’s property tax rates can be both lower and higher than other areas within the county. For homeowners, these tax bills represent a significant part of their annual expenses, directly influencing their financial planning and the affordability of homeownership in the region.
Average Brown Deer Tax Bill
$522
Average Milwaukee County Tax Bill
$3,903
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Brown Deer, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53209 | $809 | $809 | $809 | $809 | $809 |
| 53223 | $23 | $23 | $152 | $1,085 | $1,352 |
Source: Ownwell