West Allis, Wisconsin Property Taxes
The median property tax rate in West Allis, WI is 2.03%, considerably higher than both the national median of 0.99% and the Wisconsin state median of 1.58%. With the median home value in West Allis, the typical annual property tax bill reaches $508, which is below the national median of $2,690. Property taxes in West Allis 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 West Allis'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 West Allis 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
West Allis, 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 WEST ALLIS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WEST ALLIS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WEST ALLIS 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 West Allis, Wisconsin
Property taxes in West Allis, Wisconsin, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Allis is 2.03%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within West Allis set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Allis 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 West Allis's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 53214 zip code has the highest median property tax rate of 2.03%, while the 53227 zip code has the lowest median tax rate of 2.02%. Understanding how these cities compare with West Allis 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 West Allis Tax Rate
2.03%
Average Milwaukee County Tax Rate
2.38%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Allis, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53214 | 1.87% | 2.02% | 2.03% | 2.03% | 2.03% |
| 53219 | 1.88% | 2.02% | 2.03% | 2.03% | 2.03% |
| 53227 | 1.88% | 2.02% | 2.02% | 2.03% | 2.03% |
Source: Ownwell
Property Tax Assessment Values Across West Allis, Wisconsin
In West Allis, 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 West Allis, 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 median home price in West Allis is $26,300, with tax bills ranging from $361 at the 25th percentile to $828 at the 90th percentile. The highest median tax bill of $518 is found in zip code 53227, while the lowest median tax bill of $500 is in zip code 53219. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average West Allis Assessed Value
$26,300
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 West Allis, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53214 | $12,680 | $17,800 | $25,500 | $31,050 | $35,340 |
| 53219 | $17,680 | $18,825 | $26,000 | $36,075 | $38,840 |
| 53227 | $5,120 | $15,225 | $26,500 | $41,600 | $53,520 |
Source: Ownwell
Property Tax Bills Across West Allis, Wisconsin
In West Allis, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the Milwaukee County Assessor’s Office and reflects the market value of the property. Once the assessed value is established, the local tax rate is applied to this value to calculate the annual tax bill. Several factors influence the final tax bill, including property size, location, and any improvements made to the property. For homeowners, understanding these factors is crucial as they directly impact the amount owed. In West Allis, the median home price is $26,300, and tax bills can vary significantly. For instance, the 25th percentile tax bill is $361, while the 75th percentile tax bill is $669, and the 90th percentile tax bill reaches $828. Comparatively, the highest median tax bill in the area is $518 in the 53227 zip code, while the lowest is $500 in the 53219 zip code. This variability illustrates how local assessments and tax rates can significantly affect homeowners' annual financial obligations.
Average West Allis Tax Bill
$508
Average Milwaukee County Tax Bill
$3,903
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across West Allis, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53214 | $256 | $361 | $508 | $626 | $706 |
| 53219 | $359 | $381 | $500 | $731 | $787 |
| 53227 | $104 | $308 | $518 | $844 | $1,085 |
Source: Ownwell