Kenosha, Wisconsin Property Taxes
The median property tax rate in Kenosha, WI is 2.22%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in Kenosha at $159,862, the typical annual property tax bill reaches $5,483, significantly exceeding the national median of $2,690. Property taxes in Kenosha 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 Kenosha'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 Kenosha 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
Kenosha, 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 Kenosha Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Kenosha with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kenosha 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 Kenosha, Wisconsin
Property taxes in Kenosha, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kenosha is 2.22%, significantly higher than the U.S. national median of 0.99%. Local government entities within Kenosha set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kenosha 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 Kenosha's effective property tax rate to other zip codes in the area and the national median. For comparison, the 53140 zip code has the highest median property tax rate of 5.67%, while the 53158 zip code has the lowest median tax rate of 1.63%. Understanding how these areas compare with Kenosha provides valuable insights into the varying tax landscape across Kenosha County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kenosha Tax Rate
2.22%
Average Kenosha County Tax Rate
2.06%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kenosha, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53140 | 1.63% | 2.10% | 5.67% | 6.24% | 6.46% |
| 53142 | 1.36% | 2.10% | 2.18% | 6.13% | 6.37% |
| 53143 | 2.03% | 2.13% | 4.29% | 6.18% | 6.45% |
| 53144 | 1.54% | 1.63% | 2.18% | 6.12% | 6.43% |
| 53158 | 1.56% | 1.58% | 1.63% | 1.63% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across Kenosha, Wisconsin
In Kenosha, 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 local 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 Kenosha, 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 Kenosha helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill is $5,988 in the 53144 zip code, while the lowest is $4,186 in the 53158 zip code.
Average Kenosha Assessed Value
$159,862
Average Kenosha County Assessed Value
$201,507
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kenosha, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53140 | $77,924 | $101,491 | $136,582 | $170,478 | $238,303 |
| 53142 | $114,794 | $145,069 | $197,314 | $277,752 | $352,744 |
| 53143 | $88,073 | $113,188 | $144,151 | $175,000 | $218,692 |
| 53144 | $107,073 | $129,014 | $181,193 | $275,344 | $351,491 |
| 53158 | $147,637 | $194,753 | $243,340 | $277,228 | $491,742 |
Source: Ownwell
Property Tax Bills Across Kenosha, Wisconsin
In Kenosha, 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 county assessor and reflects the market value of the property. The median home price in Kenosha is $159,862, which serves as a basis for calculating property taxes. Homeowners in Kenosha face a range of property tax bills, with the 25th percentile at $3,298, the 75th percentile at $8,546, and the 90th percentile reaching $12,064. These tax bills are influenced by various factors, including the property's location, size, and improvements. For instance, homes in the 53144 zip code have the highest median tax bill at $5,988, while those in the 53158 zip code have the lowest at $4,186. Compared to the national median property tax rate of 0.99%, Kenosha's property tax rates can be relatively high, impacting homeowners significantly. Understanding these factors helps homeowners anticipate their annual financial obligations and plan accordingly.
Average Kenosha Tax Bill
$5,483
Average Kenosha County Tax Bill
$4,787
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Kenosha, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53140 | $2,332 | $3,217 | $5,052 | $7,630 | $10,021 |
| 53142 | $2,813 | $3,641 | $5,375 | $8,613 | $15,710 |
| 53143 | $1,988 | $2,904 | $5,860 | $9,398 | $11,715 |
| 53144 | $2,317 | $3,198 | $5,988 | $8,563 | $11,847 |
| 53158 | $2,411 | $3,039 | $4,186 | $4,477 | $7,963 |
Source: Ownwell