Ozaukee County Property Taxes
The median property tax rate in Ozaukee County is 1.24%, which is significantly higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $339,400, the typical annual property tax bill in Ozaukee County reaches $4,109, surpassing the national median of $2,690. Property taxes in Ozaukee County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Ozaukee County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Mequon or another part of Ozaukee County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ozaukee County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$4,209
Ownwell’s Ozaukee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Ozaukee with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Ozaukee to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Ozaukee County, Wisconsin
Property taxes in Ozaukee County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Ozaukee County is 1.24%, which is higher than the U.S. national median of 0.99%. Local government entities within Ozaukee County set these rates annually, and they can vary significantly between different areas within the county. Each year, Ozaukee County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Ozaukee County's effective property tax rate with other counties in Wisconsin and the national median. For comparison, the city of Milwaukee has one of the higher property tax rates in Wisconsin at 2.30%, while the city of Cedar Grove boasts one of the lowest at 0.89%. Analyzing how Ozaukee County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Ozaukee County Tax Rate
1.24%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ozaukee County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belgium | 0.96% | 1.14% | 1.29% | 1.31% | 1.37% |
| Cedarburg | 0.94% | 0.97% | 1.26% | 1.29% | 1.31% |
| Cedar Grove | 0.82% | 0.85% | 0.89% | 0.92% | 0.92% |
| Fredonia | 1.10% | 1.15% | 1.33% | 1.40% | 1.42% |
| Grafton | 0.96% | 1.02% | 1.31% | 1.35% | 1.40% |
| Mequon | 1.08% | 1.17% | 1.19% | 1.21% | 1.23% |
| Milwaukee | 2.29% | 2.29% | 2.30% | 2.41% | 2.46% |
| Port Washington | 1.04% | 1.29% | 1.32% | 1.35% | 1.40% |
| Random Lake | 0.95% | 1.02% | 1.10% | 1.14% | 1.21% |
| Saukville | 1.01% | 1.12% | 1.43% | 1.45% | 1.53% |
| Thiensville | 1.17% | 1.24% | 1.27% | 1.29% | 1.33% |
| Waubeka | 1.11% | 1.13% | 1.16% | 1.20% | 1.28% |
| West Bend | 0.96% | 1.05% | 1.11% | 1.13% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Ozaukee County, Wisconsin
In Ozaukee County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Ozaukee County Appraisal District. The assessed value, however, 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. Assessment notices in Ozaukee County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Cities like Milwaukee and Waubeka illustrate the range of tax burdens, with Milwaukee having the highest median tax bill at $19,222 and Waubeka the lowest at $2,473. Being aware of these valuation processes in Ozaukee County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Ozaukee County, Wisconsin
Source: Ownwell
$207,100
$505,950
$804,800
Average Ozaukee County Assessed Value
$339,400
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ozaukee County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belgium | $169,860 | $205,900 | $262,300 | $328,700 | $441,380 |
| Cedarburg | $253,500 | $307,600 | $377,400 | $514,350 | $683,660 |
| Cedar Grove | $204,100 | $283,700 | $392,000 | $706,500 | $965,200 |
| Fredonia | $192,900 | $234,100 | $282,600 | $346,300 | $431,500 |
| Grafton | $196,600 | $246,600 | $314,900 | $429,675 | $556,040 |
| Mequon | $260,720 | $330,800 | $443,900 | $649,200 | $902,620 |
| Milwaukee | $587,820 | $651,350 | $804,800 | $977,100 | $1,200,620 |
| Port Washington | $183,000 | $214,600 | $258,950 | $335,375 | $433,760 |
| Random Lake | $144,030 | $196,250 | $257,550 | $293,950 | $371,730 |
| Saukville | $183,440 | $225,400 | $261,700 | $347,700 | $436,420 |
| Thiensville | $123,740 | $216,575 | $295,450 | $354,375 | $449,180 |
| Waubeka | $146,390 | $168,100 | $207,100 | $262,150 | $308,050 |
| West Bend | $209,520 | $283,350 | $394,400 | $477,700 | $588,260 |
Source: Ownwell
Property Tax Bills Across Ozaukee County, Wisconsin
In Ozaukee County, WI, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in the county is $339,400, and the property tax rate is calculated based on this assessed value. Various factors such as property location, size, and improvements contribute to the assessed value, which is then used to calculate the tax bill. Homeowners in Ozaukee County can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $3,160, while at the 75th percentile, it rises to $5,718. Those at the 90th percentile face tax bills as high as $8,027. These figures highlight the variability in property tax obligations depending on property specifics and local rates. Comparatively, Ozaukee County's property tax rates can be higher than the national median property tax rate of 0.99%, impacting homeowners by requiring a substantial financial commitment. This variability underscores the importance of understanding local property tax calculations to manage financial planning effectively.
Average Ozaukee County Tax Bill
$4,109
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Ozaukee County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belgium | $1,918 | $2,563 | $3,319 | $4,191 | $5,458 |
| Cedarburg | $2,885 | $3,465 | $4,415 | $6,089 | $8,198 |
| Cedar Grove | $1,782 | $2,489 | $3,485 | $6,378 | $8,893 |
| Fredonia | $2,432 | $3,035 | $3,699 | $4,487 | $5,215 |
| Grafton | $2,465 | $3,026 | $3,863 | $5,301 | $6,686 |
| Mequon | $2,955 | $3,879 | $5,263 | $7,818 | $10,775 |
| Milwaukee | $13,771 | $15,712 | $19,222 | $22,413 | $27,488 |
| Port Washington | $2,331 | $2,775 | $3,349 | $4,295 | $5,635 |
| Random Lake | $1,463 | $2,018 | $2,842 | $3,374 | $4,325 |
| Saukville | $2,342 | $3,017 | $3,560 | $4,549 | $5,475 |
| Thiensville | $1,574 | $2,776 | $3,814 | $4,605 | $5,834 |
| Waubeka | $1,623 | $1,932 | $2,473 | $3,057 | $3,685 |
| West Bend | $2,589 | $3,302 | $4,264 | $5,233 | $6,503 |
Source: Ownwell