South Milwaukee, Milwaukee County, Wisconsin Property Taxes

Name: Property Tax Bills Across South Milwaukee, Milwaukee County, Wisconsin
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median South Milwaukee, WI effective property tax rate: 1.82%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%. Median South Milwaukee, WI home value: $217,400. Median annual South Milwaukee, WI tax bill: $3,983, $1,583 higher than the national median property tax bill of $2,400. How are property taxes in Milwaukee County calculated? Property taxes in South Milwaukee, WI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding South Milwaukee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in South Milwaukee, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

South Milwaukee, Milwaukee County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.82%

Estimate Property Tax Bill

$3,957

$3,672

Ownwell’s South Milwaukee Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in South Milwaukee with just two data points. By entering your property's estimated assessed value, our calculator applies South Milwaukee’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Milwaukee County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across South Milwaukee, Milwaukee County, Wisconsin

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate the budget needed for services and divide it by the total value of all taxable property in their area, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the basic annual process.

In South Milwaukee, located in Milwaukee County, the effective property tax rate stands out compared to other cities in Wisconsin and the national average. The median property tax rate in South Milwaukee is notably higher than the national median of 1.02%. This means homeowners in South Milwaukee may face higher property tax bills compared to many other parts of the country.

Considering the national median property tax bill is $2,400, residents in South Milwaukee might find their tax bills to be significantly above this figure. Understanding these differences can be crucial for property owners looking to manage their expenses effectively.

Property Tax Rates Across South Milwaukee, Milwaukee County, Wisconsin

Source: Ownwell

1.58%

1.98%

2.39%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective South Milwaukee Tax Rate

1.82%

Median Effective Milwaukee County Tax Rate

2.38%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across South Milwaukee, Milwaukee County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
53172	1.77%	1.79%	1.82%	1.86%	1.91%

Source: Ownwell

Property Tax Assessment Values Across South Milwaukee, Milwaukee County, Wisconsin

When examining property taxes in South Milwaukee, WI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Milwaukee County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Milwaukee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in South Milwaukee.

For example, the median home price in South Milwaukee is $217,400, with tax bills ranging significantly across the county. Zip code 53172 has the highest median home price at $217,400.

Property Tax Assessment Values Across South Milwaukee, Milwaukee County, Wisconsin

Source: Ownwell

$8,900

$329,250

$649,600

Median South Milwaukee Market Value

$217,400

Median Milwaukee County Market Value

$184,600

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across South Milwaukee, Milwaukee County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
53172	$161,900	$186,800	$217,400	$258,200	$302,500

Source: Ownwell

Property Tax Bills Across South Milwaukee, Milwaukee County, Wisconsin

In South Milwaukee, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price in the area is $217,400. Property taxes in Milwaukee County are notably higher than the national median, with the 25th percentile tax bill at $3,384 and the 75th percentile reaching $4,747. The highest median tax bill in the area is $3,983, which is significantly above the national median property tax bill of $2,400. These figures indicate that homeowners in South Milwaukee face a considerable financial burden due to property taxes. Several factors influence these tax bills, including changes in property values and local government budgets. Homeowners can benefit from appealing their property tax assessments, potentially reducing their tax bills. Ownwell specializes in helping homeowners navigate this process. By leveraging expert knowledge and experience, Ownwell can assist in identifying potential savings and securing exemptions, ensuring homeowners pay only their fair share, ultimately easing the financial impact of property taxes.

Property Tax Bills Across South Milwaukee, Milwaukee County, Wisconsin

Source: Ownwell

$152

$7,571

$14,989

Median South Milwaukee Tax Bill

$3,983

Median Milwaukee County Tax Bill

$3,903

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across South Milwaukee, Milwaukee County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
53172	$2,904	$3,384	$3,983	$4,747	$5,600

Source: Ownwell